High performing teams build products that create desired customer and business outcomes.
But how do you prevent agile madness often accompanying large numbers of agile teams, while maintaining the strategic alignment that setting up Objectives and Key results alone does not solve?
An Outcome Focused Portfolio approach addresses both.
Here are the factors to consider
- Strategies aka the unique approach to achieve the outcome
- Initiatives for these Strategies (scope of product management) and
- Sequences and Resources allocated (scope of program management)
What Initiatives an organization decides to take to realize its strategy is often affected by capabilities/ resources the organization has or the lack of. An example of this is a "Buy" vs. "Build" strategy in launching a product.
The process of deciding on the initiatives and the allocation of resources against them is called Portfolio Program Planning, part of Portfolio Program Management.
An outcome focused organization follows a Responsive Product Portfolio Management workflow.
Here are the 5 steps high-performing product teams take to accelerate customer and business outcomes.
- Define objectives, and themes
- Assess allocation
- Brainstorm, align and prioritize ideas for each objective and theme
- Estimate high-level effort required for each idea, taking into account various skillsets
- adjust your resources to support these initiatives - use the Planner List (spreadsheet-like experience) or Planner Schedule (Gantt like experience)
- Kick-off execution in team tools, and adjust plan/trade-off new initiatives as needed - use the Planner Schedule module
- Gain visibility on roadmap delivery progress and outcome / goal progress to adjust future iterations.
Dragonboat Mission Control helps you to achieve alignment and visibility.
Dragonboat Responsive PPM module helps to manage resources and evaluate allocation and tradeoffs quickly.
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