Lean development planning using options thinking
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Shows how to do benefit mapping and flow-based roadmapping
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Lean development planning using options thinking
- 1. Lean Planning: Resilient Plans for Complex Environments Matt Barcomb, odbox
- 2. with Matt Barcomb @mattbarcomb matt@odbox.co Lean Planning: Resilient Plans for Complex Environments
- 3. (most comfortable) 1. Flow-based roadmaps 2. Options thinking 3. Planning for development (least comfortable)
- 4. “Focus on everything, and you have not actually focused on anything.” - Eli Goldratt “Large queues make it hard to create urgency” - Don Reinertsen Flow-based
- 5. Flow-based Systems Visualize work Pull work Make explicit policies Limit work in progress Measure with intent
- 6. Team A Team B Starter road map
- 11. Team A Team B Readiness Infra. Current Goal Up Next Coming Soon On Horizon In Use HBD Make explicit policies
- 12. Team A Team B Readiness Infra. Current Goal Up Next Coming Soon On Horizon In Use HBD 1 Limit work in progress
- 13. Team A Team B Readiness Infra. Current Goal Up Next Coming Soon On Horizon In Use HBD 1222 Limit work in progress
- 14. Team A Team B Readiness Infra. Current Goal Up Next Coming Soon On Horizon In Use HBD 1222 Measure with intent
- 15. “Long-range planning does not deal with the future decisions, but with the future of present decisions.” - Peter Drucker Options-thinking
- 16. Real Options Execute intentionally Options are valuable Options expire
- 17. Customer/Problem Hypothesis: Questions & Dependencies: Name: Org Benefits: Option Framing
- 18. Option Triggers Starting or Stopping - duration - seasonality - stakeholder feedback - govt. policy - major biz activity - competition shift - media/pr event - market shift - technology shift - employee shift - major social incident - better options
- 19. “Essentially, all models are wrong, but some are useful.” - George Box Development Planning Models
- 20. Construction
- 21. Research
- 22. Scientific Research Custom Construction Complex Manufacturing Mass Construction Routine Manufacturing Enterprise ERP Impl. Software Product Dev. Physical Product Dev. Small ERP Impl. Spectrum of Uncertainty Sensing of knowns Response to unknowns Amount of unknowables
- 24. Product: Galaxy Expires in March Benefit Mapping
- 25. Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Expires in March Benefit Mapping
- 26. Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness Expires in March Benefit Mapping
- 27. Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness1 Expires in March 2 3 4 Benefit Mapping
- 28. Sales Reach Increase Revenue Decrease Mktg. Costs Product Adoption Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness 1 2 3 4 Weighted Scoring Rubric
- 29. Sales Reach 30% Increase Revenue 10% Decrease Mktg. Costs 15% Product Adoption 45% Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness 1 2 3 4 Weighted Scoring Rubric
- 30. Sales Reach 30% Increase Revenue 10% Decrease Mktg. Costs 15% Product Adoption 45% 1= <1% 5= >15% 1= <$5k 5= >$50k 1= no change 5= very easy 1= <10% of reg. 5= >40% of reg. Options Scores Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness 1 2 3 4 Weighted Scoring Rubric
- 31. Sales Reach 30% Increase Revenue 10% Decrease Mktg. Costs 15% Product Adoption 45% 1= <1% 5= >15% 1= <$5k 5= >$50k 1= no change 5= very easy 1= <10% of reg. 5= >40% of reg. Options Scores New catalog Grades Portal Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness 1 2 3 4 Weighted Scoring Rubric
- 32. Sales Reach 30% Increase Revenue 10% Decrease Mktg. Costs 15% Product Adoption 45% 1= <1% 5= >15% 1= <$5k 5= >$50k 1= no change 5= very easy 1= <10% of reg. 5= >40% of reg. Options Scores New catalog Grades Portal 4 2 1 3 Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness 1 2 3 4 Weighted Scoring Rubric
- 33. Sales Reach 30% Increase Revenue 10% Decrease Mktg. Costs 15% Product Adoption 45% 1= <1% 5= >15% 1= <$5k 5= >$50k 1= no change 5= very easy 1= <10% of reg. 5= >40% of reg. Options Scores New catalog Grades Portal 4 2 1 3 285 Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness 1 2 3 4 Weighted Scoring Rubric
- 34. Sales Reach 30% Increase Revenue 10% Decrease Mktg. Costs 15% Product Adoption 45% 1= <1% 5= >15% 1= <$5k 5= >$50k 1= no change 5= very easy 1= <10% of reg. 5= >40% of reg. Options Scores New catalog Grades Portal 4 3 2 4 1 2 3 1 285 295 Product: Galaxy Revenue Customer Satisfaction Product Adoption Product Awareness Competitiveness Dec. Mktg Costs Sales Reach Brand Awareness 1 2 3 4 Weighted Scoring Rubric
- 35. Activity: Create a B-Map Your company just got $1B to research medical technology! Medical Technology
- 36. Activity: Create a B-Map Mind-map desired benefits (value) Medical Technology
- 37. Activity: Create a B-Map Rank the top 3 Medical Technology
- 38. Activity: Create a B-Map Assign weights Medical Technology ? % ? % ? %
- 39. Activity: Create a B-Map Come up with 2 research options
- 40. Activity: Create a B-Map Score 2 options (use a 1-5 scale) Medical Technology ? % ? % ? % Option 1 Option 2
- 41. Activity: Create a B-Map What did you discuss? How did you decide? Coherence vs. Artifacts
- 42. Risk Discuss Quantify Amplify 1 2 3 1 2 3 1 2 3 2 4 6 3 6 9 Likelihood Impact
- 43. Cost “Learn just enough about cost to decide if its worth it to start.” - Brief discussion - Rough-order magnitude - Snap to linear scale
- 44. “More effective development planning is achieved through using a flow-based road map laid out with real options from which we can choose based primarily on the benefits they provide while considering risks and understanding just enough about cost to get started.”
- 45. Questions? Matt Barcomb @mattbarcomb matt@odbox.co