Lesson 1: Thriving in the Digital Age with Business Agility Flashcards
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.