As a leader as you think about everything that needs to happen for your organization to be and remain competitive in a world that now has the ability to change direction in a moment’s notice, you likely aren’t thinking that Agile is what you need.
You are however thinking about things that equate to Agility.
One of the primary places you need and want to have Agility is in your Technology investment. Yet, that is one area that rarely changes when we think about being agile or developing agility.
To build a foundation for business agility you MUST change several things:
1. Annual Planning cycles must be replaced by continuous planning that does not focus on large project funding for long periods of time.
2. Funding must move from projects to supporting stable long-standing teams. Work must flow to your teams.
3. Plan by Value not by Cost by developing a Portfolio Valuation Model that forms the basis for your Intake model.
4. Develop an Investment mindset.
5. Develop an Innovation mindset that focuses on identifying ideas that can be developed in smaller value components allowing for better management of costs and risks associated with your technology investments.
You can’t develop a high level of business agility by maintaining the status quo on your funding and annual planning cycles.
Agility requires that we work in smaller increments of work that is strategically aligned to value and flows to teams in a consistent manner.
Expecting to develop Agility with large projects funded by annual planning cycles is an approach that many organizations still take, leading to frustration across the entire organization as your planning and delivery capabilities are mis-aligned.
If you want to learn more about how SoundAgile can help you transform the way that you flow work to your teams then connect with us at www.soundagile.com