Risk in a Collaborative Culture

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