It's time to continue our look at the 4 key changes needed to become a truly agile organisation. This time we will look at the second key change - execution efficiency. Now most organisations will claim to be efficient already. They make very efficient use of their resources - everything is scheduled to achieve 100% resource loading at all times and costs are kept to a minimum. Things are produced with the minimum number of people and at the minimum cost. What could be more efficient that that?
From a pure, cost efficient sense, they are right, so I'm going to carefully define what I mean by efficiency here. It's not cost efficiency. What I'm talking about is how efficiently the organisation can turn ideas into value. How long does it take, and how much does it cost to take an idea and turn it into a real product or service that generates business value? Isn't that the same as resource efficiency? No, it isn't.Read More