BARRY O’REILLY
@barryoreilly @execcamp #leanenterprise
Enterprise Just Got Entrepreneurial
1
ExecCamp @barryoreilly @execcamp #leanenterprise 2 BARRY OREILLY - - PowerPoint PPT Presentation
1 BARRY OREILLY Enterprise Just Got Entrepreneurial ExecCamp @barryoreilly @execcamp #leanenterprise 2 BARRY OREILLY CREATIVE DISTRUTION 57% of Fortune 500 in 1995 did not make the cut in 2015 49% of organizations have
BARRY O’REILLY
@barryoreilly @execcamp #leanenterprise
1
BARRY O’REILLY
CREATIVE DISTRUTION
2
did not make the cut in 2015
initiatives to grow via
cost reduction
initiatives to grow via
new product and services
Board Of Innovation, http://www.boardofinnovation.com/2015/12/21/actnow/
Your real competition are THINKING BIG 3-5 iterations beyond what you see now
WHAT BUSINESS ARE YOU IN?
QZ: Netflix was never in the business you thought it was in? http://qz.com/674625/netflix-was-never-in-the-business-you-thought-it-was-in/
BARRY O’REILLY
How do you expect to enable and foster collaboration if everyone is siloed in daily work?
MEANWHILE BACK AT BASE
5
BARRY O’REILLY
SAME OLD SONG
6
BARRY O’REILLY
Johnny Mathis and Deniece Williams, Too Much Too Little Too Late
Break the model. Reinvent the business
ExecCamp http://www.execcamp.com
BARRY O’REILLY
HOW DOES IT WORK?
8
ExecCamp http://www.execcamp.com
BARRY O’REILLY
EXECCAMP MANTRA
9 [video] Lean Enterprise:Enabling Innovative Culture, barryoreilly.com/2016/04/04/video-think-big-start-now-learn-fast/
Your new mobile APP is not going to save you
Leadership from the top and throughout the organization
11
BARRY O’REILLY
BUILD A CROSS-FUNCTIONAL TEAM
12
FRONT-END ENGINEERING INTERACTION DESIGN VISUAL DESIGN CUSTOMER RESEARCH SERVICE DESIGN DIGITAL PRODUCT STRATEGY BUSINESS ARCHITECTURE TECHNOLOGY ARCHITECTURE SOFTWARE DEVELOPMENT RETAIL STRATEGY ORGANISATION DESIGN DELIVERY ASSURANCE DIGITAL TRANSFORMAT ION
high
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
BARRY O’REILLY
IDEAS
Ideas come first. Ideas need focus. Ideas are shaped by our purpose and defined by our principle of mission
DEMAND
Great products are driven by customer demand for them, not 'sold' to them. Innovators talk to their customers. They want to understand them, collaborate with them to co-create great experiences they both cannot live without.
TEAM
What are our strengths and how can we amplify them? When we hit hard times how we will work through them together? Understanding each
leverage one another for higher performance and great results.
EXECUTION
Everyone has a plan until they get
get hit? You keep momentum, keep pushing, keep growing.
HOW TO ACHIEVE GREAT PRODUCT DELIVERY
13
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
Transformational Secondary Periphery
Identify business drivers for performance and growth Be challenging but not unrealistic 100% or 0% drives the right objectives and goals Be accountable to outcomes
TRANSFORMATIONAL TARGETS
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
BARRY O’REILLY
CREATE FEAR AND EXCITEMENT
15
ecosystems
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
FRIENDS AND FOES
http://jonnyschneider.com/blog/idea-cards
CAPTURE IDEAS IN SITU
MAKE IDEAS VISIBLE
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
It’s not how much you know, it’s how fast your can learn it
19
BARRY O’REILLY
“ It’s typical for 50% of the total product development time to be spent on the fuzzy front end ”
Don Reinersten
20
Don Reinersten, The Principles Of Product Development Flow
BARRY O’REILLY
Create a framework to tell your story is a systematic and structured way Quickly map out a business hypothesis Share it with stakeholders for feedback Adapt plan based on validated learning Collaborate as a cross-fuctional group to improve knowledge sharing Move to evidence based decision-making
STOP WRITING, START LEARNING
21
Alexander Osterwalder and Yves Pigneur, Business Model GenerationBarry O’Reilly, CEO ExecCamp http://www.execcamp.com
How we believe we can achieve the target conditions Our strategy and tactics to get there How we’ll use doomsday and clean sheet thinking to move forward
HYPOTHESIS-DRIVEN DEVELOPMENT
How To Implement Hypothesis-driven Development barryoreilly.com/2013/10/21/how-to-implement-hypothesis-driven-development/
BARRY O’REILLY
Capture and publish across the team What data could help us? Seek feedback from stakeholders Prioritize and sense-make What is the first experiment? Framework for evaluation of benefit What do we want to learn? What are the key components eg. technology, customer, business
HYPOTHESIS-DRIVEN DEVELOPMENT
23
How To Implement Hypothesis-driven Development barryoreilly.com/2013/10/21/how-to-implement-hypothesis-driven-development/
BARRY O’REILLY
CREATE FAST FEEDBACK LOOPS
24
Minimize the total time through the loop LEARN
MEASURE BUILD
Eric Ries, The Lean Startup
BARRY O’REILLY
MINIMUM VIABLE PRODUCT
25
Delightful Usable Valuable Feasible Delightful Usable Valuable Feasible
This Not this
Diagram inspired by Jussi Pasanen, with acknowledgments to Aarron Walter, Ben Tollady, Ben Rowe, Lexi Thorn, and Senthil Kugalur
BARRY O’REILLY 26
EVERYONE DESIGNING AND SKETCHING
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
BARRY O’REILLY
G0 AND SEE
27
people developing the products
underlining assumptions
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
learn fast, succeed faster refine the vision through validated learning
VISION OUTCOMES BELIEFS
define test refine
BATTLE TEST WITH CUSTOMERS
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
BARRY O’REILLY
Capture and publish their feedback across the team What will you do with the learning? What is the next experiment? Get Out Of The Building Test with real customers
STOP TALKING, START TESTING
29
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
BARRY O’REILLY
CONTINUOUSLY SOURCE FEEDBACK
30
from across the entire organization
latest iteration for people to use
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
100+ ideas 4 to 8 weeks exponential learning
DISCOVER PRODUCT MARKET FIT
What are you waiting for?
Great leaders believe in unreasonable expectations They want a BIG vision, and practical steps to get there Why now? Why us? Tell stories and show evidence based on delivery and validated learning
BARRY O’REILLY
RUN EXPERIMENTS
34 Humble, Molesky, O’Reilly, Lean Enterprise: How High Performance Organizations Innovate At Scale
Bulletproof over bullet holes Challenge yourself before someone else does Build responses and resilience to challenging questions
CHALLENGE YOUR THINKING
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
BARRY O’REILLY 36
PITCH CEO FOR NEXT INVESTMENT
Share outcomes and validated learning Smaller, Frequent, Evidence-based investment decisions Stopping or invalidating ideas early is actually the key measure of success
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
RUNWAY TO SCALE
Barry O’Reilly, CEO ExecCamp http://www.execcamp.com
BARRY O’REILLY
17Aspirational vision Customer hypotheses Design experiments Story map Data / feedback to validate
Blow Up The Business Case https://barryoreilly.com/2015/04/14/blow-up-the-business-case/
Turning proof points into deliverables into game changing initiatives
39
This is a caption for the slide divider
Break The Model. Reinvent The Business
ExecCamp http://www.execcamp.com
EXECCAMP GOALS
BARRY O’REILLY 42
Barry O’Reilly, 10 Principles To Transform
BARRY O’REILLY
TESTIMONALS
43
“Barry was instrumental in the conception and formation of an 'innovation engine' at lastminute.com. Not only were we able to identify and develop winning ideas at pace but the wholeBARRY O’REILLY
“ A year from now you will wish you had started today ”
Karen Lamb, Author
44
THANK YOU
Barry O’Reilly
Entrepreneur and Business Advisor Author of Lean Enterprise: How High Performance Organization Innovate At Scale barry@barryoreilly.com CEO and Founder, www.execcamp.com linkedin | twitter | blog
Email info@execcamp.com for slides and 3 sample chapters of Lean Enterprise