Building a Culture of Continuous Improvement

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2 minute read

Empowering Teams with Financial Transparency: Maximizing ROI in Product Development | Martin Hinshelwood

👋 Hi, I’m Martin Hinshelwood from NKD Agility, and in this video, I discuss how empowering teams with financial context and transparency can significantly improve decision-making and ROI in product development. By fostering a culture of ownership and enabling teams to understand the value and cost of their work, organizations can create a powerful foundation for continuous improvement and smarter investments.

📌 Chapters:

  1. 00:00 – Introduction: The Importance of Ownership and Financial Transparency
  2. 03:00 – Building a Culture of Continuous Improvement
  3. 06:15 – Hypothesis-Driven Practices for Better Decision-Making
  4. 09:30 – Real-World Lessons from Google and Microsoft
  5. 12:45 – Why Teams Need Access to Financial Data
  6. 16:00 – Advocating for Team-Level P&L Accountability
  7. 18:30 – Transforming Teams into Entrepreneurs

🎯 Who This Video is For:

• Leaders looking to foster a culture of ownership and responsibility within teams • Product and project managers aiming to maximize ROI from team efforts • Organizations struggling with ineffective decision-making due to lack of context • Agile teams seeking to align their work with business goals

📖 What You’ll Learn:

• Why financial transparency leads to better decision-making and higher ROI • How to empower teams by providing context around value and cost • The benefits of hypothesis-driven practices and iterative feedback loops • How team-level P&L accountability drives smarter investments • Real-world examples of how Google and Microsoft adapt based on ROI

💡 Key Takeaways:

• Teams make better decisions when they understand the financial impact of their work. • Shielding teams from financial data leads to inefficiencies and missed opportunities. • Treating teams like entrepreneurs fosters ownership and accountability. • A culture of continuous improvement requires transparency and context.

At NKD Agility, we help organizations empower their teams with the tools, practices, and financial transparency needed to maximize value and ROI. Ready to unlock the full potential of your teams? Visit us today on https://www.nkdagility.com  and let’s build smarter, more effective teams together.

#agile #productdevelopment #productmanagement #projectmanagement #devops #agileproductdevelopment #agileproductmanagement #agileprojectmanagement #projectmanager #productmanager #productowner #scrummaster #professionalscrumtrainer #scrum #leanproductdevelopment Watch on Youtube 

Software development software engineering Agile Product development Product management Agile product management Project Management Agile project management Project manager CTO Product manager Product Owner Scrum Master Scrum

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