Product Bulb

If you are an AI/ML Product Manager and are looking to build a Generative AI Product / Feature, here’s a useful framework that’ll essentially work as a Pre-Checklist before even building a Product Strategy. I’m calling it the LUMOS Framework (I hear all the Potter heads’ applause in the back of my mind!).

LUMOS FRAMEWORK

L – List your Options

List out existing options and solutions in place – what are the pain points, that can have positive impact using applied Gen AI – zoom out to make sure Gen AI is the best solution for the specific problem

U – User Impact

High positive user impact due to the introduction of the Gen AI product / feature – higher than other options that involve non AI based solutions

M – Measure Metrics

Proposed impact from Gen AI product / feature should be scrupulously measurable – along cost, effectiveness, accuracy, user value, acquisition, activation, retention, referral, and revenue

O – Overdeliver on delight

Is your Gen AI Feature the X factor – the feature that customers may not expect but scores high on delight and usability factors, and makes your user to stick to your product

S – Sustainability

Training, validating, and maintaining your Gen AI feature/ product should be sustainable across cost, compute and people resources, and the ever-evolving data privacy frameworks

Here’s a downloadable sheet for this framework.