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Bill Dominguez, PMP, CSM Value Innovation. Lean-Agile Value Innovators  2008~2011 Shojiki Solutions bill dominguez value innovator Bill is a subject.

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Presentation on theme: "Bill Dominguez, PMP, CSM Value Innovation. Lean-Agile Value Innovators  2008~2011 Shojiki Solutions bill dominguez value innovator Bill is a subject."— Presentation transcript:

1 Bill Dominguez, PMP, CSM Value Innovation

2 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions bill dominguez value innovator Bill is a subject matter expert in the areas of value innovation, solution identification, program management, team building, organizational alignment, and removing the ‘dis’ from diseased ecosystems. A Certified Project Management Professional, Certified Scrum Master, Lean Agilist, Change Agent. Bill holds Master Certifications in Neuro Linguistic Programming, and Master Performance and Results Coaching. Bill is the founder of Ecocentric Strategies, formerly the Berenguer Group and currently holds the position of Vice President Community Relations for the Project Management Institute Bay Area Chapter with over 2,400 members Bill has helped companies from startups to Fortune 10 recognize value opportunities and has built and led high performance sales, marketing, development, professional services, and customer service organizations that deliver consistent high quality and value.

3 Lean-Agile Value Innovators  2008~2010 Shojiki Solutions

4 Projects succeed if: Project fails if:  Cancelled  Never implemented  Cancelled  Never implemented  On time  On budget  Full scope  On time  On budget  Full scope Lean-Agile Value Innovators Measuring Project Success  2008~2011 Shojiki Solutions Scope Resources Schedule

5 Lean-Agile Value Innovators Measuring Project Success  2008~2011 Shojiki Solutions Chapter 1, Page 6 Balancing the competing project constraints including, but not limited to: Scope Quality Schedule Budget Resources, and Risk “ “ managing a project typically includes...

6 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions

7 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Schedule 64% of work results in waste Scope Resources

8 Lean-Agile Value Innovators  2008~2010 Shojiki Solutions Always Frequently Occasionally Rarely Never 36% of functionality delivers over 80% of project value Source: 2007 Standish Chaos Report

9 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions ResourcesSchedule Scope

10 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions So, how do we support strategic decision making??

11 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions 1960 – Portfolio Management concept was introduced to manage monetary investments and to comply with investors tolerance for risk Today, successful organizations manage their portfolios according to strategic value. Portfolios, Dashboards, Balanced Score Cards...

12 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions AIG Analysis of PMO Executive Council project database results “among the projects delivered at least 90% on time and on budget, the majority fail to deliver business outcomes” “the top performing projects in terms of budget and schedule compliance attain on average only 53% of their business outcome expectations” Business outcome index consists of: Quality of delivery End-user adoption Business case attainment Sponsor satisfaction Source: American International Group PMO EXECUTIVE COUNCIL IT PRACTICE

13 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions ???? Value to customer and business is a key metric at portfolio level

14 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions A well designed balanced scorecard addresses Quality, Value, Innovation, and $

15 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions What is value? Is value best described in dollars and cents? In beneficial outcomes? In meaningful relationships?

16 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions The customer defines Value and Quality

17 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions $6 Billion USD Sold for $25 Million USD $3,295 USD per phone $7 USD per minute Motorola Iridium Satellite Phone Motorola set the value NOT the customer

18 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions “What it looks like now is a multibillion-dollar science project. There are fundamental problems: The handset is big, the service is expensive, and the customers haven’t really been identified.” – Chris Chaney, Analyst, A.G. Edwards, 1999 LEARNING FROM CORPORATE MISTAKES: THE RISE AND FALL OF IRIDIUM Sydney Finkelstein Shade H. Sanford Maybe they should have asked the customer?!!!!

19 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Baseline Budget - $160 million USD Actual over budget by $130 + million USD Over Budget! – Scope Creep! – Late! Ouch! Baseline Release Date July 1, 2008 Actual Release Date August 28, 2009

20 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Customer set the value and quality WW Gross to date $2.8 Billion USD Profit to date? $1.2 Billion USD

21 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions and evolve… Start where you are now… An evolutionary approach Creating Value

22 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions …through highly effective visualization tools that show us the reality of our project Predicting Value

23 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions …with highly effective quantitative analysis of actual progress Measuring Value

24  2008~2011 Shojiki Solutions Exploiting new ideas leading to the creation of a new product, process, or service that add value or improve quality Lean-Agile Value Innovators

25 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions sustainable actionable and evolutionary Value Innovation is

26 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions and results in higher customer value business strategy alignment optimal investments

27 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions

28 Human Factor Environment Tools Thinking Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Value Innovation Prism  Value Innovation Prism Shojiki Solutions

29 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Value Innovation Through: Innovative thinking Innovation fostering environment Innovative tools

30 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Innovative Thinking Improve the business ecosystem

31 Lean-Agile Value Innovators Innovation Fostering Environment  2008~2011 Shojiki Solutions

32 Lean-Agile Value Innovators Innovation Fostering Environment  2008~2011 Shojiki Solutions HM Government Dept. for Business Innovation and Skills

33 Lean-Agile Value Innovators Innovative Tools For example Kanban 看板  2008~2011 Shojiki Solutions “Kanban is not a project management or software development lifecycle method. It is an approach to change management - a framework for catalyzing change in an organization.” David J. Anderson

34 Human Factor Environment Tools Thinking Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Value Innovation Prism  Value Innovation Prism Shojiki Solutions

35 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Five skills that set innovators apart Harvard Business Review December 2009 Question Observe Experiment Network Associate

36 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions Source: AIG PMO EXECUTIVE COUNCIL IT PRACTICE Project Manager Effectiveness Drivers PMO Executive Council Analysis 1. Flexibility – ability to innovate 2. Problem Solving 3. Personal Ownership 4. Political Acumen 5. Stakeholder Management Value Innovation promotes effective project management

37 Lean-Agile Value Innovators  2008~2011 Shojiki Solutions In Conclusion Innovative thinking Innovative tools and an environment conducive to innovation lead to Value Innovation resulting in Higher Value Project Management “as professionals we must strive to align resources in the business ecosystem, drive to value, and eliminate waste by building efficient, high quality, high availability systems that holistically serve multiple boundaries" Bill Dominguez, 2009

38 Bill Dominguez, PMP, CSM Value Innovation

39  2008~2011 Shojiki Solutions Lean-Agile Value Innovators


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