Lean Thinking

Tuesday, 28 April 2015 18:24

Outcome Based Funding

Published in Lean

So last time I talked about large companies and some of the reasons why they make sub-optimal decisions. Not bad decisions, but ones that aren't as good as they could be. The main reason for sub-optimisation was centralisation of decision making and the main reason for centralisation was the need for control. In particular the control on spending money. With no central control of funding, anyone could spend a bunch of company money and the company would soon be broke.

If decentralised decisions are more optimal because the person making them has more information than someone further from the coal face, but centralisation is required for spend control, what are large companies to do? Are they doomed to make sub-optimal decisions forever? Fortunately, no. There are ways of maintaining centralised control of spend while allowing decentralised decision making about where to spend money. There are, in fact, many ways to do this and we will look at one of them now. I'm calling it outcome based funding; I'm sure the financial folks have a fancy, official name for it, but outcome based funding will do for now.

Tuesday, 03 February 2015 00:00

I'm Writing A Book!

Published in Agile

Hi Folks and Happy New Year.

At the end of last year I did kind of promise you some news when I started up again in the new year. Here it is - over the break I made a start on writing a book. It's about Enterprise Agility and how to achieve it through a set of patterns that can be applied to organisations.

In agile style, I will be writing this in small (hopefully) frequent iterations. The first iteration is up now through Leanpub as a free download (you can pay for it if you really want to but you might want to wait till I have some more written before making up your mind). https://leanpub.com/enterpriseagility

I have two hypotheses to test with this first MVP - 

  1. That I have an idea that is worth turning into a book
  2. That I can express it clearly and interestingly enough to make it into a good book.

I would love to get your feedback on the first iteration, either here on the blog or through the comments section on the book's Leanpub page.

Please have a read and leave me your comments. Help me prove (hopefully) or disprove (hopefully not) my hypotheses.

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