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Liz Llewellyn-Maxwell In episode 62 of the Mik + One podcast, Gene Kim and Dr. Mik Kersten discuss how AI helps developers work 10 times faster, but most companies aren’t set up to take advantage of this speed boost. Mik and Gene talk about the changes in tech setup, leadership, and company structure needed to succeed with AI.
Alan Manuel, GVP, Product Management at Planview, explains how your mindset factors into the success of your transformation. “One of the biggest lessons in trying to achieve a product operating model is that approaching change from the perspective of a change agent alone almost never works,” he explains. Put another way, you need to think like a player and a coach to be an effective leader.
When Abby Knowles stepped in to lead Verizon’s software engineering product model transformation, the leadership transition could have derailed the initiative. Without genuine buy-in from new leadership, teams seldom fully commit to change. Half-hearted commitment at any level can stall or undermine an entire initiative. In fact, it’s one of the primary reasons why roughly 70% of transformation efforts ultimately fail.
This article reveals the essential factors Abby and her colleague, Archana Prabhu, credit for securing buy-in, maintaining momentum in their product model transformation, and delivering impressive results.
For every dollar a typical company invests in software development, only about 25 cents supports the company’s highest-priority business outcomes.
This stark disparity between investment and results is why tech leaders are rethinking their project-based approach to software delivery and adopting a product operating model.
Organizations that adopt product-oriented approaches achieve faster delivery, better stability, and higher customer satisfaction. But what does a product operating model look like in practice – and at scale? These on-demand sessions from the Project to Product Summit 2024 feature three distinct perspectives that answer this question.