Transitioning to a product operating model shifts the focus from delivering a list of features to solving real problems for customers and the business. Stakeholders, defined as anyone responsible for key business aspects but not part of the product team, play a crucial role in this transformation. Their involvement is essential for product teams to understand the business context, frame work correctly, and gain access to customers and data. Effective collaboration hinges on three main areas. First, stakeholders need to share their business constraints with product teams, which can include market challenges, regulatory issues, and budget limits. Second, instead of pushing for specific features, stakeholders should frame requests as problems to solve, allowing product teams the flexibility to explore various solutions. Third, product teams require direct access to customers and relevant data to validate their ideas. This access helps ensure that the solutions developed will meet user needs and align with business goals. The article emphasizes the need for a dynamic process of product discovery and delivery. Instead of lengthy documentation, product teams create prototypes to test solutions quickly. These prototypes undergo user testing and feasibility checks, ensuring they meet business constraints before full-scale development. Once a solution is built, it’s instrumented to track its effectiveness in achieving desired outcomes. If problems arise, teams can iterate on the solution until they reach the required results. While the focus is on solving major problems, stakeholders must also manage ongoing operational tasks, referred to as "keeping the lights on." These tasks include essential reporting and compliance work. The article stresses that moving to the product model doesn’t eliminate these responsibilities; they coexist with the pursuit of larger business goals. Balancing both is vital for sustained business operations.