agile strategy development cone made
DESCRIPTION
Agile Strategy Development Cone MadeTRANSCRIPT
Agile Business Development
Learn how to run your business the agile, easy to lead way in five
minutes
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Agile Strategy Highlights
Do you have the agility, flexibility and fast reaction to survive in hostile
environments?
… How to react fast enough in a hostile environment?
• We need to react much faster
... How to get innovative new businesses to market fast?
• We have lots of ideas, but we don’t know where to start
… Looking for• Agility, flexibility, faster reaction,
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Can you break-down the elements of your New Business?
• In high velocity environment, it is impossible to
manage business with 1000 tasks or with too large mega project
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NEWB
usiness
Model
Avoid 1000 operative tasks Avoid one MEGA project
Agile Business Development vs. Traditional Stage-gate Model
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Traditional planning Agile Development
Strategy as Document 30 pages Strategy as Model with 30 elements
Project lasts 12-24 months Development Sprint 1-6 mo, typically 3 months (with several ”mini-projects”)
Detail planning of all tasks beforehand Detail planning in Sprints
Long project meetings 3-4h Weekly short status updates 30 min
In Gate 4 (piloting/testing) something happened in practice (stage-gates 1-5)
Every Sprint develops real actions in practice
Defining right amount of projects for the new business
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30-40
4 - 6
= PROGRAM
* Sprint Workshop is the meeting where all project will be get new priorities, responsible person, owner, etc.
Discuss30 min/ week 1w
Develop
Experiment
Manage1 mo
Agile Business Development Model
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8
9
10
7
6
Program
4
3
2
1
Business in practice
5
Development Period(Sprint) 3 months
Sprint workshop
*
Agile Business Development based on Sprints 1-3 months
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Experiment:in practice and interact internally and externally
Execute: manage actions and use KPIs linked with strategy models
Explore: new opportunities and set actions and targets
Execute
3E Rapid
iterations
5 steps to Agile Business Development
1. Create Strategy Model with 30 elements
2. Define projects about 30-40 pcs and link projects to modeling elements
3. Prioritize projects and select needed project for next 3 months development sprint in Sprint Workshop
4. Put the rest of projects in timeline to 3-6 mo, 6-9kk mo and 9-12 mo. Agile method creates a rolling system for business development
5. Document actions to status reports per project
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Create Strategy Model with 30 Elements
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Case exampleSouthwest Airlines’ Strategy Model (“centric” / “mindmap”) max. 30 elements (see more Cone Made Library)
Define about 30-40 projects
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Select FLAGS Projects and red flag [Pr] appear
By clicking [Pr] flag appear pop-up with the key information.
Put your cursor on the element and use left mouse button to get circle menu and (+) Project.
Define Responsibility Matrix (RACI)
Define timetable for projects
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Execute shows projects and KPIs. Select Projects.
Select projects for next sprint from list.Open to edit project from icon.
Define start and end date for project
Development Roadmap
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Select Roadmap -view
One 3 mo Period = Sprint
Move projects & change start and end dates
Document to Status Reports
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Document shortly actions, next steps, comments and decisions per project.
Use Dashboard to your own “My Projects” or create your own widget.
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•Lurie, Michael 2010, 'Agile Strategy - Designing Successful Companies in a Open World', White paper, Blue mine group.
•Angela Druckman 2011, 'Agile Transformation Strategy', White paper, Collabnet Inc, Collabnet.
•Cone Advisor - Jukka Ala-Mutka 2010, Agile Strategy Manifesto, Slideshare, viewed 2011, <http://www.slideshare.net/JukkaAM/agile-strategy-manifesto-cone-advisor>.
Learn more about Agile Strategy development
Need help making your business easy to lead? Check: www.coneadvisor.com
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So now that you know how to start and run projects flexibly...
...how do you know which projects will bring fruits?
Learn how to manage projects by using Stage-gate tool
MAKING YOUR BUSINESS EASY TO LEAD
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