Here is the slide deck and video presentation from an online talk delivered at the Business Agility Gauteng meetup on 16 July 2020.
Slide Deck: Harry Potter and the Quest for True Business Value
Video Link
Presentation Elevator Pitch
Humans are terrible at using experience, intuition and expert opinion to predict benefits – but we don’t realise it! Organisations that track outcomes find that just 1 in 3 features result in a benefit. The presentation covers why chasing outcomes is much better than delivering outputs and uses analogy, storytelling and real-life examples to illustrate all concepts covered.
Topics covered
- Explains Kohavi’s Law – namely, that only one change in three will yield a positive result.
- Uses the story of Harry Potter to highlight how useless our expert opinion and intuition are when predicting value.
- Discusses the low priority change that sat on the backlog for over six months but ended up making Microsoft Bing $100 million a year in additional revenue.
- Examines various practical examples showing how most organisations usually focus on volume (output) rather than value (outcome) and the pitfalls thereof.
- Provides a practical example of how to use and evolve feature hypotheses – and ‘pivot’ / adjust your priorities based on the outcomes achieved.
- Tackles the often-misunderstood concept of “What is an MVP?”
- Highlights that it’s not the features you build but how many experiments you run that will determine the success of your business.
All to the backdrop of Harry Potter and a special spellbook to help get all concepts across.
Like me to present this talk at your meetup or conference?
Would be happy to – get hold of me via social media or therunningmann@gmail.com.
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