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Based on my own experiences I’ve distilled a set of 10 Principles Of Business Transformation to help businesses on their journey to become high-performance organizations.
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#1 Think BIG, learn fast, start now
Be uncompromising with the BIG vision, but develop methods to learn fast what works and what doesn’t. Start testing the BIG idea with real customers and users as quickly as possible – even when it feels early and uncomfortable.
Be uncompromising with the BIG vision, but develop methods to learn fast what works and what doesn’t. Start testing the BIG idea with real customers and users as quickly as possible – even when it feels early and uncomfortable.
#2 Secure mandate, sponsorship, and support
If you want to be a leader of change it’s your responsibility to create the space, support, and sponsorship to enable experimentation to happen.
If you want to be a leader of change it’s your responsibility to create the space, support, and sponsorship to enable experimentation to happen.
#3 Right people in the right place
Be deliberate about how you form the team and the type of work – be it highly exploratory or otherwise – they focus on.
Be deliberate about how you form the team and the type of work – be it highly exploratory or otherwise – they focus on.
#4 Act your way to a new culture
Changing the system of work is what leads to a change in the way people behave. People don't think their way to a new culture, they act their way to a new culture.
Changing the system of work is what leads to a change in the way people behave. People don't think their way to a new culture, they act their way to a new culture.
#5 Build the right thing, then build it the right way
Encourage teams to test their business hypothesis as quickly and cheaply as possible.
A MVP(Minimum Viable Product) approach enables you to fail fast and cheaply, while also gathering valuable data from the experiment.
Encourage teams to test their business hypothesis as quickly and cheaply as possible.
A MVP(Minimum Viable Product) approach enables you to fail fast and cheaply, while also gathering valuable data from the experiment.
#6 Deliver small, fast and frequently to build momentum
The best way to build trust w/ stakeholders is w/ frequent demonstrable progress. Showcasing small, completed pieces of work fast and frequently creates feedback mechanisms, trust, and belief that team members can deliver.
The best way to build trust w/ stakeholders is w/ frequent demonstrable progress. Showcasing small, completed pieces of work fast and frequently creates feedback mechanisms, trust, and belief that team members can deliver.
#7 Build-in feedback loops with customers and users
The best people to provide feedback on your hypothesis are real customers – not your boss, or colleagues, or even team members.
Regular and direct customer feedback is your guide towards fit, purpose, and success.
The best people to provide feedback on your hypothesis are real customers – not your boss, or colleagues, or even team members.
Regular and direct customer feedback is your guide towards fit, purpose, and success.
#8 Adapt your approach based on validated learning
Validated learning means that we test the key assumptions behind the hypothesis to understand whether or not it will succeed, and then make the decision to persevere, pivot, or stop.
Validated learning means that we test the key assumptions behind the hypothesis to understand whether or not it will succeed, and then make the decision to persevere, pivot, or stop.
#9 Demonstrate evidence for future investment decisions
What’s important when making investment decisions is to take an evidence-based approach to ongoing funding by creating an evaluation framework to manage and prioritise future investments.
What’s important when making investment decisions is to take an evidence-based approach to ongoing funding by creating an evaluation framework to manage and prioritise future investments.
#10 Scale lessons learnt to cross the chasm
People remember stories and take inspiration from the experiences of others...
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People remember stories and take inspiration from the experiences of others...
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>> Start by encouraging teams to showcase their experiments, discoveries and next steps. Make it easier for everyone to learn from one another, build momentum and drive change.
Transforming organizations, teams or even yourself is challenging. There’s no one-size-fits all method to achieve success. It’s a combination of hard work, persistence, and patience.
If you need help applying these principles in your org., let’s talk! https://barryoreilly.com/contact/
If you need help applying these principles in your org., let’s talk! https://barryoreilly.com/contact/
