Product owners and product managers play a quintessential role in developing and managing products in an Agile framework among organizations. The overview of these roles’ responsibilities: Product Owner: The product Owner is one of the critical members of an Agile team in any organization. These represent stakeholders, and at the same time, they ensure teams deliver maximized value to the business. Some of the responsibilities of a Product Owner include: Backlog Management User Story Definition Release Planning Team Collaboration Delivery Acceptance Product Manager: These professionals are responsible for the overall success of both products and strategies. They come with a broader perspective and are often seen working at the senior level compared to the Product Owner. Some of the responsibilities of product managers are: Market Analysis Product Strategy Financial Management Stakeholder Communication Initiating Cross-functional Collaboration Plan Market Strategies