Internal operations product

Reference:

https://medium.com/@odipaneth/internal-operational-products-and-how-to-build-them-part-1-6876320d3d32

https://medium.com/@odipaneth/internal-operational-products-and-how-to-build-them-part-2-427456e90510

Summary:

  • The internal operations product are very important to the company since it enables the scale and growth of the company and also ensure better customer experience
  • The internal operations product tend to serve the following main goals:
    • Shorten the pipeline – faster time to value for the customer
    • Widen the pipeline – support higher number of customers simultaneously
    • Strengthen the pipeline – make the end result more accurate and consistent
  • Principles while building the internal products:
    • Accuracy of action vs time of action
      • It is a trade-off between how accurate the task should be against how fast a particular task should be completed in a given timeframe
      • The selection will be based on the operational need that you need to optimize for
      • Eg. accuracy might be important in the analytical product where the decisions are critical for operational tasks, however time of action might be important in a process oriented cycle where there are number of steps to be executed and time is important factor to reduce labor costs
    • Ease of use vs more functionality
      • More the number of functionalities in the product, lowers the ease of use and also requires higher costs involved in training the operations teams 
  • The complexity also increases with the increase in the number of flows within the product
  • Above framework helps in deciding which category the product falls into and what needs to be done to get it to the “Ease of use zone”

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