A design system unites product teams around a common visual language to reduce design debt and accelerate the design process. The document provides a step-by-step guide for creating a design system, beginning with assembling a cross-functional team from design, development, accessibility, content, research, and leadership. It also discusses different team models for managing the design system, such as a solitary overseer, centralized team, or federated model with members from various teams. The goal is to establish the right people and processes to develop design standards and reusable components that can be combined to build interfaces quickly.