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

1
Q

What are the 5 Technological Revolutions?

A
Industrial Revolution
Age of Steam & Railways
Age of Steel & Heavy Engineering
Age of Oil & Mass Production
Age of Software & Digital
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2
Q

What type of capital follows financial capital?

A

Production capital

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3
Q

What are the 3 stages of a revolution?

A

Installation Period
Turning Point
Development Period

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4
Q

Installation Period

A

New Technology and financial capital combine to create a “Cambrian explosion” of new entrants, disrupting the entire industries from the previous age.

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5
Q

Turning Point

A

Existing business either master the new technology or decline and become relics of the last age.

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6
Q

Deployment Period

A

Production capital of the new technological giants starts to take over

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7
Q

What revolution stage are we currently in?

A

Turning Point

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8
Q

What are the 2 things needed to create a dual operating system for Business Agility?

A
  1. Efficiency and stability (Functional hierarchy)

2. Speed of Innovation (Value Stream Network)

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9
Q

Business Agility

A

The entire organization (not just development) is engaged in continually and proactively delivering innovative business solutions faster than the competition.

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10
Q

What does Business Agility require?

A
  • Technical agility and a business-level commitment to product and Value Stream thinking.
  • Everyone involved in delivering business solutions use Lean and Agile practices.
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11
Q

SAFe for Lean Enterprises

A

A knowledge base of proven, integrated principals, practices and competencies for achieving Business Agility by implementing Lean, Agile and DevOps at scale.

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12
Q

What are the SAFe business benefits?

A
  • 30% Happier, more motivated employees
  • 50% Faster Time-to-Market
  • 35% Increase in Productivity
  • 50% Defect Reduction
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13
Q

What are the 4 SAFe configuations?

A

Full Configuration
Large Solution Configuration
Portfolio Configuration
Essential Configuration

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14
Q

What are the 7 Core Competencies of Business Agility?

A
Enterprise Solution Delivery
Agile Product Delivery
Team and Technical Agility
Lean-Agile Leadership
Continuous Learning Culture
Organizational Agility
Lean Portfolio Management
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15
Q

An organization’s ability to thrive in the digital age is

A

entirely dependent on the ability of its teams to deliver Solutions that reliably meet a customer’s needs.

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16
Q

Team and Technical Agility Competency

A

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.

17
Q

What are the aspects of Built-In Quality?

A
Establish Flow
Pairing and Peer Review
Collective Ownership and Standards
Automation
Definition of Done
18
Q

In order to achieve Business Agility, Enterprises must

A

rapidly increase their ability to deliver innovative products and services.

19
Q

Agile Product Delivery is

A

A customer-centric approach to defining, building, and releasing a continuous flow of valuable products and services.

20
Q

Enterprise Solution Delivery

A

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.

21
Q

Lean Portfolio Management

A

Aligns strategy and execution by applying Lean-and systems- thinking approaches to strategy and investment funding Agile portfolio operations, and governance.

22
Q

Without Organizational Agility, Enterprises cannot

A

respond sufficiently to the challenges and opportunities that today’s rapidly changing markets present.

23
Q

Organizational Agility Competency

A

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.

24
Q

Why Continuous Learning Culture?

A

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.

25
Q

Continuous Learning Culture Competency

A

Describes a set of values and practices that encourage individuals, and the enterprise as a whole, to continually increase knowledge, competence, performance, and innovation.

26
Q

Lean-Agile Leadership Competency

A

Describes how Lean-Agile Leaders drive and sustain organizational change and operation excellence by empowering individuals and teams to reach their highest potential.

27
Q

Measure and Grow

A

Is the way portfolios evaluate their progress in Business Agility and determine their next improvement steps.