Agile Entrepreneur Overview Summary
Transcript of Agile Entrepreneur Overview Summary
Page 1 January 2010 © Agile Entrepreneur Confidential
Agile Entrepreneur
Program Overview
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1. Sets a vision and plan
2. Builds a support team
6. Collaborates and listens to customers needs
What we like about Entrepreneurs…
5. Multi-tasks and responds to demands – agile
3. Takes action with focus on results
4. Determined and passionate
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1. Buried with multiple demands and initiatives – how to prioritize these?
2. Team members beginning different initiatives – multiple spinning plates
3. Limited time and resources to do an ocean of work
4. Overwhelmed to doing everything “important and urgent”
What we know about Entrepreneur Blind Spots…
Prioritizing and Pivoting
5. Determined on a stagnant plan without pivoting to respond to a changed environment
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Costly “Ready-Fire-Aim” decisions
Ramifications of Entrepreneur Blind Spots
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1. Lay the right tracks that are the highest value
2. Quickly pivot to respond to changing environment
3. Right balance between taking-action vs. over-thinking
How can Agile Help?
“Just-in-Time” decision making
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The Agile Paradigm ShiftCurrent Approach
Effectiveness is doing the right
things…
Efficiency is doing lots of things right…
Fixed TimePrioritized to Scope Fixed Resources
Agile Disciplined
Unknown Time
Unknown Resources
Prioritized to Value
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Agile Entrepreneur Values
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The Agile Paradigm Shift
“Give us a team and we will flow initiatives through and deliver the highest value first
VALUEDriven
PLANDriven
Fixed TimeScope or Plan Resources
“How do we allocate the right amount of time and money (resources) on this initiative?”
Estimated TimeResources Scope or Plan
Current Approach Agile Disciplined
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Economics of Agile Disciplined Success
Year +
Entire Business
Expensive & Difficult
(Avoided)
Entire Project
2 Weeks
Prototype
One Sprint
Cheap & Easy(Embraced)
Agile DisciplinedCurrent Approach
Value &Visibility
Inventory
Pivoting
Risk
Earlier ReturnHighest Value
DecreaseInvestment
LowerExpense
LessRisk
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Things we must do
Things we must do first
Regular Huddle
Delivery Increments
Act in “Sprints”
Business Planning Session
Sprint2-4 Weeks
Sprint Planning Session