Developers, their direct contribution to business success? Presented by Baf Kurtulaj 03 Dec 2015 IT is enabler to Business – It’s a principal How aware are you in creating business value ? ① Value / Business Value / Value Drivers / Business Model ② Challenges ③ The Golden Cycle – WHY, HOW, WHAT ① Understand the business of your customers ② Business Value Model ③ Take away points Value “…based on the relationship between satisfying needs and expectations and the resources required to achieve them ” and getting what you require for what you will pay By Institute of Value Management Business Value “…an informal term that includes all forms of value that determine the health and well-being of the firm in the long-run” By Wikipedia Value Drivers “……are anything that can be added to a product or service that will increase its value to consumers” By Steve Blank EXAMPLE: Increase customer satisfaction by 50% Increase profits by 150% Increase Market share by 0.5% Business Model “is how a company creates value for itself while delivering products and services for its customers” By Steve Blank Value Proposition What pains are you solving ? What gains are you creating ? Who are our customers ? Why Business Value matters? Its how we measure the success of an organization. …..and its our responsibility to contribute to archive the business goals. Challenges Commercial unawareness Lack of communication Lack of understanding needs and goals Lack of inquisition Not selecting software functionality that creates value Value Drivers and prioritisation Luck of measurements of value drivers Understand the purpose How can you design and implement good software product without deep understanding of the purpose? The Golden Cycle – Starting with WHY? Start with WHY and not WHAT How we can make the difference What becomes the by product of the above Purpose Cause Believe How we do what we do How different are we as software engineers WHY? HOW? What we do Job function What we normally do WHAT? By Simon Sinek Understand the Business of your customers Understand the business? Why we are in this industry? How the industry operates? What are our direct competitors ? What are the key challenges ? How we position our product to meet needs of customers? ………….the better you know the business the higher the probability to implement the solution KYC – Customers archetypes Pain Gains Problems ……….....leads to better requirements, designs, implementation and tests. Business Value Modeling - its what business values ① ② ③ ④ ⑤ ⑥ Business value driver variables Quantify Priorities Agree Communicate Get involved Take away points VALUE DRIVERS + CONTRIBUTORS + VALUE CREATION + CUSTOMERS SATISFACTION = BUSIENSS SUCCESS ① Businesses exist to create VALUE ① Value creation is collaborative afford by all (Developer teams, PMs, Product Owners and other stakeholders) ② Why we do what we do and the impact created ③ Know your business and customers ④ Get involved – start mixing your technical know – how capabilities with business skills Thank You Any Questions ?
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