Why On-Time, On-Budget, On-Scope Doesn’t Work 🇬🇧
To achieve true business agility, leaders must not only grow and support self-reliant, cross-functional, self-organizing teams, they must also change the way their organizations fund and oversee their agile initiatives. They must believe in feedback and allow that feedback to work. However, old measures like “on time” and “within budget” are not useful when markets and customers are constantly changing, potentially resulting in delivering great solutions to problems that no longer exist. This session introduced a framework called Evidence-Based Management that helps organization to define measures that are meaningful to them, in four dimensions: Unrealized Value, Current Value, Time to Market, and Ability to Innovate. The framework helps agile leaders gauge the health of teams and the products they deliver, providing an alternative to schedule and budget-based governance models that fall short of meeting the needs of agile organizations.
Patricia Kong is co-author of „The Nexus Framework for Scaling Scrum“ published by Pearson. She is also a public speaker and mentor. Patricia is the Product Owner of the Scrum.org enterprise solutions program which includes the Nexus Framework, Evidence-Based Management, Scrum Studio and Scrum Development Kit. She also created and launched the Scrum.org Partners in Principle Program. Patricia is a people advocate and fascinated by organizational behavior and misbehaviors. She emerged through the financial services industry and has led product development, product management and marketing for several early stage companies in the US and Europe. At Forrester Research, Patricia worked with their largest clients focusing on business development and delivery engagements. Patricia lived in France and now lives in her hometown of Boston. Patricia is fluent in 4 languages.
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