Artificial intelligence (AI) is revolutionizing the way we work and live, and its potential applications are vast. In the Lean Agile domain, AI can be particularly powerful, helping organizations to streamline their processes, improve their efficiency, and make data-driven decisions.
Regardless of the technique you use to apply a ‘cone of uncertainty’ approach to predictability, remember that velocity and story points are preliminary, and are intended to prevent teams from overcommitting to work, increasing the likelihood that they will achieve their goals. The true measurement that builds and maintains trust with our customers and stakeholders is being customer-centric and aligning around business value.
Welcome to the part 3 of the original series on digital transformation and in this article, we focus on the agile business transformation as an essential phase of digital transformation.
In the figure below, there are three distinct phases of innovation and disruption. In the Installation Period, many entrepreneurs compete, but few reach a turning point to deploy their product and capture the market. Now in the digital era, unicorns like Amazon and Netflix lead the market. We need to learn their lessons so we can survive the turning point!
As transformation consultant, I see one bandwagon that every business big and small wants to embark is the “Digital Transformation”. As I see a lot of misunderstanding about the digital transformation (“it’s internet right? ““It means go paperless, isn’t it?”) , I am hereby taking an effort to share a series of posts starting with this one on some basic history and how you can steer your organization to be more digital over time. The key aspects we will touch upon will be as follows
Welcome to the next session on the Digital Transformation. We saw in the previous article the importance of organizations needing to be digitally capable in the era of digital disruptions. Digital transformation presents problems that are complex and undefined. So, using Design Thinking to embrace your organization’s digital transformation helps tackle these problems by using a fluid, flexible, hands-on approach to interact with consumers and come up with solutions.
I am the first to admit that there is a whole lot of publications and formal certifications on agile coaching but I feel it always helps to hear some real-life stories and insights and hence sharing my own insights as an agile transformation consultant and coach on how one can be an effective coach.
In my experience it is the tolerance of organizations to embrace failures as opportunities for growth and learning, which hold equal or more weight than the successes that we also need to sustain. I have had the pleasure to be involved on numerous ART launches and implementations, all of which made continual improvement towards increasing predictability, alignment around value and customer centricity, and limiting WIP at both the Team and Program constructs.
Business Agility is today a term that is fast becoming the need of the hour to survive in the disruptions caused by technology like broadband or natural like pandemic!
Now we all know a lot about why we need Business Agility but what is not well understood is the success of agility goes beyond strategy and is heavily dependent on execution at all levels.
Business Agility can be defined as the capability of an organization to compete and be successful in the digital age by rapid response to changes and new opportunities with creative business solutions.
Some major industry trends that have become eye-openers to the business world on the need to have business agility to survive are
In these days of pandemic, lot of jobs are lost and many tenured folks are seeking career changes in areas that are in demand and turn to agile as one obvious choice.
Typical concerns of anyone who is stepping into a new area is as follows