This document summarizes a workshop on developing a product mindset and operating model for product organizations. It discusses what a product mindset entails, including believing customers over face value, describing problems before solutions, and not guaranteeing revenues. It also outlines how to shift an organization to a product mindset in 5 steps and the key elements of a product operating model like org design and development models. Lastly, it provides 10 tips for innovation like emphasizing, collaborating, challenging assumptions, and focusing.