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DOWNLOAD. LISTEN. ENGAGE.

WHO IS GOING TO HELP ME TO GET THIS RIGHT? - WILLIAM EASTMAN

23/10/2020

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PROFIT RADIO..."Let's Grow Together"

Introduction
Today I am wearing my E Hat - Owner as Executive. That means instead of spending time being consumed by working IN the business, working in the PRESENT, I can now work ON it and the FUTURE.

The second issue is the Stage of Growth. We are at Stage VI where the concern is creating a new reality. Unlike when you started the company, the offer going forward is far more uncertain. Add to this the additional pressure of getting it right; you are facing with the irreversibility of a bad decision. 

Last thought before we start, I want to invite you to my new group on our Community of Commerce - Living the Life . If you are a serial entrepreneur and looking to discuss how to build a business that runs itself so you can start running multiple businesses - this is the right spot.
​

Listen>Apply>Engage
Show Objectives
The time for reinvention is at hand. You understand the stakes and the steps required and can live with a major project that doesn't have a detailed end result at the start. You are going to structure the process, select the right people, track progress, and play godfather.

Key Issues - ​Owner/Manager Perspective:
  1. Reinvention using agile principles focuses on process, not the end result.
  2. Control is in the process and selection of people.
  3. Conscript nobody, every member of the effort must be knowledgeable and enthusiastic.

What You Need to Know
Agile Team Member Roles - Core & Extended
Core Group - Product
  • Members: autonomous subject matter experts that can operate in a team environment;
    • Subject Matter Expert: specific expertise related to the project;
    • Business Analyst: provides input on the impact to current and future operations;
    • Department Representative: provides input on the impact to their department or group;
    • Interim Manager: manages all of the iterations to track and document improvements.

Extended Group - Guidance
  • SCRUM Master (Facilitator): Issue Resolution & Escalation, Problem Solving, Team Building, Coaching, Change Management;
  • Product Owner: Manages Stakeholder Expectations, Budget & Cost Control, Risk Management;
  • Champion: the owner or senior executive - makes sure the project receives necessary support.

What You Need to Do​
  1. Determine the work groups or departments impacted - they have the expertise for successful execution and will be impacted by the project.
  2. Select the Extended Group - Owner is the Champion, Product Owner is head of Marketing & Sales or Operations, SCRUM Master is head of HR or manager being groomed for promotion.
  3. Select the Core Group - individuals from the designated departments or groups based on the roles, expertise, and personality.
  4. SCRUM Master holds 1:1 with each candidate to determine eligibility and suitability for the intended role.
  5. SCRUM Master holds team meeting on roles and group dynamics.

The purpose of this show was to cover a method for creating an advisory group to help you analyze high payoff future opportunities  and arrive at the right decision.
​
Make sure you leave some thoughts in the comment section below. I am interested in continuing the conversation.

E6.03.3

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