Overview
In this insightful episode of the OpsStars podcast, Ilana Matro, Senior Manager of Sales Operations at MongoDB, joins us to delve into MongoDB’s transformative journey from a license-based model to a consumption-based go-to-market strategy. Ilana shares her unique perspective on the challenges and opportunities this shift presents, drawing from her diverse background in media, political consulting, and IT operations.
Ilana discusses the intricacies of developing a new forecasting model for consumption-based pricing, highlighting how it differs from traditional methods and the impact on various roles within the organization. She explains how this shift has necessitated changes in sales processes, customer success strategies, and even the profiles of sales representatives MongoDB seeks to hire.
Throughout the conversation, Ilana offers valuable insights on:
- The challenges of forecasting in a consumption-based model
- Changes in roles and responsibilities across the organization
- The importance of aligning the tech stack with the new business model
- Strategies for effective change management during this transformation
This episode provides a comprehensive look at the operational complexities involved in shifting to a consumption-based pricing model and offers valuable lessons for companies considering or undergoing similar transformations.
Key Highlights:
- [00:01:04 – 01:30] – Introduction to MongoDB’s shift from license-based to consumption-based pricing
- [02:02 – 02:33] – The relevance of Ilana’s background in politics to her current role in sales operations
- [05:11 – 06:10] – Differences between traditional and consumption-based forecasting models
- [14:03 – 15:22] – Changes in the sales process to accommodate the consumption-based model
- [17:29 – 20:21] – Tracking and analyzing customer usage through workloads
- [21:02 – 23:05] – Transformation of customer handoff processes and the elevated role of Customer Success Managers
- [23:19 – 24:45] – Adjustments to the tech stack to support the new pricing model
- [25:09 – 26:23] – Impact on sales rep profiles and hiring strategies
- [26:41 – 28:13] – Strategies for driving organizational transformation and change management