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Risk in a Collaborative Culture

Risk in a Collaborative Culture. Why risk matters Risk and Conscious Competence Mitigating risk. why risk matters. what is risk?. what drives risk?. Project Management. how does risk change during a project?. Change Management. what happens if we ignore risks?.

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Risk in a Collaborative Culture

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  1. Risk in a Collaborative Culture

  2. Why risk matters • Risk and Conscious Competence • Mitigating risk

  3. why risk matters

  4. what is risk?

  5. what drives risk?

  6. Project Management how does risk change during a project? • Change Management

  7. what happens if we ignore risks? I’m beginning to think it wasn’t such a good idea to turn off those unit tests

  8. what happens if we incorrectly define risks?

  9. at what levels should we assess risk?

  10. how is risk management different from change management?

  11. risk andtheconscious competence learning model

  12. High Conscious Incompetence Conscious Competence Consciousness Unconscious Incompetence Unconscious Competence Low Low Competence High From William Howell

  13. applied to profiling and mitigating risk

  14. High Conscious Incompetence Conscious Competence Consciousness Unconscious Incompetence Unconscious Competence Low Low Competence High From William Howell

  15. High Conscious Incompetence Conscious Competence become aware Consciousness Unconscious Incompetence Unconscious Competence Low Low Competence High From William Howell

  16. High Conscious Incompetence learn Conscious Competence high churn~ afraid to make decisions~ uncertainty “agile” Consciousness Unconscious Incompetence Unconscious Competence Low Low Competence High From William Howell

  17. High Conscious Competence Conscious Incompetence bureaucracy complexity optimize. mentor. perfect. Consciousness “lean” Unconscious Incompetence Unconscious Competence Low Low Competence High From William Howell

  18. High Conscious Incompetence Conscious Competence Consciousness Unconscious Competence Unconscious Incompetence out of touch ~ process is king develop a blind spot Low Low Competence High From William Howell

  19. decision making

  20. what dowe do? when dowe do it? when do we decide?

  21. Costs Business Value typical financial calculation calculation Value Calculation Benefits

  22. Estimate Business Value however…. calculation Value Calculation Guess

  23. we need some help !

  24. Business Value Model Purpose Considerations Costs and Benefits

  25. where do we start?

  26. Purpose Based Alignment Model High Partner? Differentiate Market Differentiating Who cares? Parity Low High Low Mission Critical

  27. Purpose Based Alignment Model High Do we take this on? Innovate, Create Market Differentiating Achieve and Maintain Parity, Mimic, Simplify Minimize or Eliminate Low High Low Mission Critical

  28. example financial documentation system

  29. Purpose Based Alignment Model High Anything here? What goes here? Market Differentiating Anything here? Most are usually here. Low High Low Mission Critical

  30. 350 differentiators

  31. focused on differentiators simplified the rest

  32. results: better product cut time by 50% 60% cost reduction

  33. Strategy? High Partner? Differentiate Market Differentiating Who cares? Parity Low High Low Mission Critical

  34. strategy = sustainable competitive advantage • Sustainable • Competitive advantage

  35. the “billboard”test…

  36. You Think My Products Are Good? You Should See My Chart of Accounts!

  37. “To be thelow cost airline.” - Southwest Airlines

  38. “Will this help us bethelow cost airline?” - Southwest Airlines

  39. remember, parityismission critical

  40. and purposeis not priority

  41. differentiating changes over time

  42. Leadership Influence innovate!

  43. Business Value Model Purpose

  44. other considerations ?

  45. time to market

  46. risks

  47. Collaboration Model flexibility

  48. dependencies Collaboration Model

  49. teamsizeandexperience marketuncertainty domainknowledge team capacity technicaluncertainty

  50. Business Value Model Purpose Considerations

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