Accomplishing the Unfathomable: Lean Startup in a Large Scale Enterpise

What if I told you we are experiencing the thrills of a lean startup and the perks of large enterprise?

We have proven it can be done, and not in any old environment, but the highly regulated and governed one that is the financial industry.

Sad to say, Agile has become a marketed commercial solution. This trend has caused us to get away from the essence, roots, and intent of Agile. By nature, Agile is an adaptive methodology that stresses continuous improvement. However, ironically we have somehow managed to sell Agile as a bill of goods that will magically solve the problems of all organizations. The truth is there is no one-size- fits-all framework because every organization is unique and has its own set of challenges.

There are a number of different approaches to adopting agile. The key is finding which blend of agile and lean practices will enable you to achieve your objectives.

Although the “Lean Startup” methodology originated in small start-up environments, its concepts and techniques can be expanded to the corporate enterprise. In fact, many companies are adopting Agile because they are seeking innovation, agility, and a competitive edge. The lean start-up methodology is geared towards achieving these exact objectives and can be setup to work within a large enterprise.

 

 
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Outline/structure of the Session

Outline/Key Points:

Set the Stage:

1. Key Point (Slide): There is no one framework that is a “silver bullet” for all organizations because they are all unique and have their own set of challenges

2. Key Point  (Slide): Every organization should be able to articulate “why” they want to be Agile and adopt the proper practices to achieve that objective, even if it means blending techniques from different frameworks.

3. Key Point (Slide): The scaling frameworks work in some settings, but are not suited for every organization. There are a number of different alternatives, many of which are cheaper, less distracting, and faster to adopt.

4. Key Point (Slide) Lean Start Up is one alternative and is a best fit for companies that want to benefit from the innovative, cost effective, and fast feedback advantages of Agile.

5. Key Point  (Slide) The Lean Startup concepts and techniques can be adopted in any environment, including large scale enterprises. Lean Startup teams can be carved out of existing operations and operate in a different manner; one that fuels innovation, learning, and the adoption of cutting edge technologies.

6. Casestudy: A brief overview of how my existing client has utilized the Lean Start-up techniques to create a new product called “Prophet” within the high regulated environment such as asset management.

7. Opportunity Canvas is a tool that can help enterprises start to adopt Lean Startup. It serves the same purpose of a traditional charter but in a much leaner format, allowing stakeholders to easily grasp the “opportunity” at a high level to spawn meaningful conversation.

8. Exercise: Create a New Opportunity Canvas - In this exercise each team will be given a typical business problem and asked to draft a opportunity canvas for their problem which includes:

  1. Problem
  2. Users & Customers
  3. User Value Proposition
  4. Hypothesis
  5. Solution Ideas
  6. Adoption Strategy
  7. User Metrics
  8. Business Outcome (Metrics)

9. Key Point Lean Startup within the enterprise is similar to the Gartner concept of “Bimodal IT” and Ken Scwaber’s "Scrum Studio." Both of these concepts stress separating projects that demand agility and adaption from the traditional delivery stream.

Learning Outcome

 

1. Understand there is not a one-size- fits-all Agile framework that solves all life’s issues

2. Be able to define “why” your company wants to adopt Agile and what approach is best suited to achieve that objective.

3. Grow awareness of the challenges of implementing Agile at Scale

4. Understand there are other alternatives to being Agile in the enterprise then implementing one of the scaling frameworks and it all depends on what you want to accomplish

5. Gain an understanding of the principles and practices of the Lean Startup and the type of context where these can be applied

6. Be able to demonstrate how these principles and practices can be applied in an Enterprise environment, including creating a "New Opportunity Canvas."

7. Collaborate with other participants to build out a new “New Opportunity Canvas” given a business problem

8. Gain knowledge of Gartner’s "Bimodal IT" approach and Ken Scwabers "Scrum Studio" and how Lean startup relates to these concepts.

Target Audience

Leadership, IT Personnel

schedule Submitted 11 months ago

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