Lesson 1: Thriving in the Digital Age with Business Agility Flashcards
(27 cards)
What are the 5 Technological Revolutions?
Industrial Revolution Age of Steam & Railways Age of Steel & Heavy Engineering Age of Oil & Mass Production Age of Software & Digital
What type of capital follows financial capital?
Production capital
What are the 3 stages of a revolution?
Installation Period
Turning Point
Development Period
Installation Period
New Technology and financial capital combine to create a “Cambrian explosion” of new entrants, disrupting the entire industries from the previous age.
Turning Point
Existing business either master the new technology or decline and become relics of the last age.
Deployment Period
Production capital of the new technological giants starts to take over
What revolution stage are we currently in?
Turning Point
What are the 2 things needed to create a dual operating system for Business Agility?
- Efficiency and stability (Functional hierarchy)
2. Speed of Innovation (Value Stream Network)
Business Agility
The entire organization (not just development) is engaged in continually and proactively delivering innovative business solutions faster than the competition.
What does Business Agility require?
- Technical agility and a business-level commitment to product and Value Stream thinking.
- Everyone involved in delivering business solutions use Lean and Agile practices.
SAFe for Lean Enterprises
A knowledge base of proven, integrated principals, practices and competencies for achieving Business Agility by implementing Lean, Agile and DevOps at scale.
What are the SAFe business benefits?
- 30% Happier, more motivated employees
- 50% Faster Time-to-Market
- 35% Increase in Productivity
- 50% Defect Reduction
What are the 4 SAFe configuations?
Full Configuration
Large Solution Configuration
Portfolio Configuration
Essential Configuration
What are the 7 Core Competencies of Business Agility?
Enterprise Solution Delivery Agile Product Delivery Team and Technical Agility Lean-Agile Leadership Continuous Learning Culture Organizational Agility Lean Portfolio Management
An organization’s ability to thrive in the digital age is
entirely dependent on the ability of its teams to deliver Solutions that reliably meet a customer’s needs.
Team and Technical Agility Competency
Describes the critical skills and Lean-Agile principles and practices that high-performing Agile Teams and the teams of Agile Teams use to create high-quality solutions for their customers.
What are the aspects of Built-In Quality?
Establish Flow Pairing and Peer Review Collective Ownership and Standards Automation Definition of Done
In order to achieve Business Agility, Enterprises must
rapidly increase their ability to deliver innovative products and services.
Agile Product Delivery is
A customer-centric approach to defining, building, and releasing a continuous flow of valuable products and services.
Enterprise Solution Delivery
Describes how to apply Lean-Agile principles and practices to specification, development, deployment, operation, and evolution of the world’s largest and most-sophisticated software applications, networks, and cyber-physical systems.
Lean Portfolio Management
Aligns strategy and execution by applying Lean-and systems- thinking approaches to strategy and investment funding Agile portfolio operations, and governance.
Without Organizational Agility, Enterprises cannot
respond sufficiently to the challenges and opportunities that today’s rapidly changing markets present.
Organizational Agility Competency
Describes how Lean-thinking people and Agile Teams optimize their business process, evolve strategy with clear and decisive new commitments, and quickly adapt the organization as needed to capitalize on new opportunities.
Why Continuous Learning Culture?
Organizations must evolve into adaptive engines of change, powered by a culture of fast and effective learning at all levels.
Learning organizations leverage the collective knowledge, experience, and creativity of their workforce, customers, supply chain, and the broader ecosystem.
