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Thursday, August 9 • 14:00 - 15:15
Quantifying Value and Prioritization Decision Making Frameworks (Joshua Arnold, Matt Barcomb) POPULAR

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Abstract:
"In the absence of information about Value, of course the system optimises for other things. Why should this surprise anyone?" – @joshuajames
How can we improve our decision-making frameworks – with a focus more on the value side of the equation?
Prioritisation is the common area of struggle. Economics, which is the study of scarcity, can help with this. But it goes beyond just deciding what to do or in what order to do it. We often lack adequate means to make sensible trade-off decisions all throughout the systems we are working in.
It's also not about being "right". Rather it's more about being less stupid. Even a small improvement in our understanding of value and urgency can help us focus our precious efforts better, and maybe even discover more quickly the dead ends and losing bets.

Learning Outcomes:
  • Better understand why talking about value is hard
  • Learn how to facilitate discussions about value and urgency of opportunities and the things you're working on
  • Learn how to prioritize and order work based upon value and the impact on development resources (Cost of Delay)


Speakers
avatar for Joshua Arnold

Joshua Arnold

Engineer, blackswanfarming.com
With a background in fluid mechanics and systems engineering, Joshua has worked for the past decade with various organisations to improve their systems of innovation and delivery. In particular, Joshua has focused on the problem of prioritisation and portfolio management, helping... Read More →
avatar for Matt Barcomb

Matt Barcomb

VP Org Design, LeanDog
Matt Barcomb has over 18 years of experience as a product development leader who takes a pragmatic, systems approach to change. He partners with organizations to help leadership teams develop & deploy strategy, optimize product management & development, and evolve traditional HR functions... Read More →


Thursday August 9, 2018 14:00 - 15:15
Marriott Salon 1 & 2