Tech-Product Team Objective

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A Tech-Product Team Objective is a team objective for a tech-product team.

  • Example(s):
    • Reduce the frequency of parcels delivered to the wrong address • Increase the percentage of shipments delivered with next-day delivery • Reduce the percentage of images flagged as inappropriate
    • Reduce the subscriber churn rate
    • Demonstrate product/market fit for an existing product in a new market Decrease the time it takes a job seeker to find a new job
    • Reduce the operational costs of fulfillment
    • Reduce the cost to acquire a new customer
    • Increase the lifetime value of the customer
    • Reduce the percentage of customers that require customer service assistance
    • Reduce the average time spent handling a customer service call
    • Increase the percentage of new customers that successfully create an account
    • Reduce the time for a user to produce their first monthly report •Reduce the time required to deploy a new or updated service to production
    • Improve the site availability
    • ...
  • See: Software Team.


References

2020

  • (Cagan & Jones, 2020) ⇒ Marty Cagan, and Chris Jones. (2020). “Empowered: Ordinary People, Extraordinary Products.” John Wiley & Sons. ISBN: 9781119691259
    • QUOTE: ... The specific objectives will, of course, be a function of the type of product and the responsibilities of the particular product team, but typical examples of good objectives are:
      • Reduce the frequency of parcels delivered to the wrong address • Increase the percentage of shipments delivered with next-day delivery • Reduce the percentage of images flagged as inappropriate
      • Reduce the subscriber churn rate
      • Demonstrate product/market fit for an existing product in a new market Decrease the time it takes a job seeker to find a new job
      • Reduce the operational costs of fulfillment
      • Reduce the cost to acquire a new customer
      • Increase the lifetime value of the customer
      • Reduce the percentage of customers that require customer service assistance
      • Reduce the average time spent handling a customer service call
      • Increase the percentage of new customers that successfully create an account
      • Reduce the time for a user to produce their first monthly report •Reduce the time required to deploy a new or updated service to production
      • Improve the site availability