Should the product manager and product owner be the same person?

I recently read the question on the difference between the product manager and product owner on Quora and ended up sharing my opinion – at length. So I’ve decided to publish it here for posterity. Needless to say, there are other answers and other opinions, all equally valid.

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Link of the day: Agile Product Ownership in a nutshell

If you’ve got 15 minutes handy, here’s an engaging and useful overview of Agile Product Ownership by Henrik Kniberg over on Crisp’s Blog.  I also love the sketching tool he’s narrating over! (it’s ArtRage if you were wondering)

Thanks to Romuald Restout for the link.