Agile Your Secret Weapon for Cost Control

👋 Hi, I’m Martin Hinshelwood from NKD Agility, and in this video, I dive into the hidden costs of waste within software development and how a focus on engineering excellence can help organizations improve their return on investment (ROI). From understanding key metrics like innovation rate, on-product index, and usage index, to leveraging agility and DevOps practices, this video covers actionable steps to optimize your value delivery pipeline.

📌 Chapters:

1. 00:00 – Introduction: The Hidden Cost of Waste in Software Development
2. 02:30 – Understanding Innovation Rate: Are You Spending Wisely?
3. 05:00 – On-Product Index: How Much Time Goes to Product Development?
4. 07:45 – Usage Index: Are Your Features Adding Value?
5. 10:30 – The Impact of Older Product Versions on ROI
6. 13:15 – Calculating ROI: From $1 to $0.06 – Where Does the Money Go?
7. 16:00 – Leveraging Agility and DevOps to Close Feedback Loops

🎯 Who This Video is For:

• Business leaders and CTOs seeking to maximize ROI in product development • Product and engineering teams interested in eliminating waste • Organizations struggling with low innovation rates and ineffective feature usage • Agile and DevOps practitioners aiming to enhance value delivery

📖 What You’ll Learn:

• How to measure and improve your innovation rate • The importance of the on-product index for ROI • Why understanding your usage index is critical for investment decisions • The impact of outdated product versions on ROI • How agility and DevOps practices can close feedback loops and reduce waste

💡 Key Takeaways:

• Most organizations deliver just 6 cents of value for every dollar spent due to waste. • Key metrics like innovation rate, usage index, and on-product index reveal areas for improvement. • Agility and DevOps enable faster feedback, better decisions, and higher ROI. • Collecting and analyzing telemetry is crucial to make informed investments in product development.

At NKD Agility, we specialize in helping organizations identify and eliminate waste, optimize their engineering practices, and maximize ROI. Ready to take your product development to the next level? Visit us today on https://www.nkdagility.com  to learn how we can help you unlock the power of agility and engineering excellence.

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