The LPM in Practice series returns with an exciting view of Portfolio prioritization and Participatory Budgeting in SAFe organizations. In today’s business climate, organizations are continuously seeking innovative approaches to improve their responsiveness, and overall business outcomes. Lean Portfolio Management (LPM) has emerged as SAFe’s key strategy for achieving these goals. However, traditional funding models pose a challenge to realizing the promise of LPM and SAFe. Participatory budgeting is a collaborative portfolio event for allocating the portfolio budget to its value streams, and it’s adoption is increasing SAFe portfolios.
This panel discussion explores the integration of Participatory Budgeting and SAFe’s new application, SAFe CoFund, to advance LPM and enable focus on the right portfolio investments to achieve the strategy. The panelists feature industry experts from Cprime who have successfully implemented the shift and were the early adopters of CoFund.
Speakers
Neru Obhrai
Principal Consultant at Radtac, SAFe SPCT at Cprime, Inc.
Neru is a certified SPCT and experienced Transformation Coach, who has lead and delivered a range of large scale, complex business transformation programmes. After 3 decades of delivery of business solutions in the airline sector, Neru has also led multiple transformation initiatives within the finance and telco sectors. As a principal consultant with Cprime, Neru takes pride in establishing high performance diverse departments to deliver quality solutions and services and championing the drive for excellence
Ken France
VP, Enterprise Agility Practice and SAFe Fellow at Cprime, Inc.
Ken France is an executive enterprise coach cultivating transformational organizations, a recognized and highly-rated trainer, and one of the first US minted SPCT and a SAFe Fellow. Ken France has worked with SAFe since its inception, contributing actively to the framework, including SAFe LSE/4.0. With 25+ years’ experience in Information Technology, Ken has successfully supported multiple Fortune 100 enterprises tackling large and complex scaled agile transformations across numerous verticals.
Isaac Montgomery
SAFe Fellow and SPCT at Cprime, Inc.
I’ve spent the past 25 years working with organizations across the spectrum of sizes and industries seeking to realize the promises of business agility – responsiveness, productivity, quality, predictability, customer satisfaction and employee engagement. By helping leaders understand how their operating model and leadership practices drive the culture and performance of the organization, we’ve been able to realize lasting change and measurable improvements. Through these experiences I’ve become recognized as a thought leader in the areas of lean portfolio management (LPM), agile product management (APM), and organizational change management (OCM). While I regularly speak and teach at conferences around the world, and am a contributor to the Scaled Agile Framework (SAFe), my passion remains working in the field, helping organizations achieve sustainable competitive advantage and business agility.
Deema Dajani
SAFe Fellow and Product Manager at Scaled Agile, Inc.
A SAFe Fellow, Deema helps large institutions create the environment to shape disruption like a startup with business agility and Lean Portfolio Management (LPM). Deema currently serves as a Scaled Agile Product Management Director focused on enabling sustainable SAFe transformations at scale. Co-founder of Women in Agile, a non-profit organization focused on breaking barriers and inclusivity in the agile community.
Navigating the resistance, culture issues, and product strategy transparency challenges when adopting Lean Portfolio Management
Does your organization have trouble prioritizing? Does your organization understand how much investment they are making into certain product and technology areas? Are your C-levels aligned around the current year goals? Do they have common incentives? Do you have the right tooling to support this process?
All these questions were asked at the beginning of our Lean Portfolio Management (LPM) transition at a division within S&P Global and not all the answers were clear.
After training our C-levels in a Leading SAFe® class, the consensus was that we needed to implement LPM NOW!
In this story, we share the resistance, culture issues, and product strategy transparency challenges that we navigated when adopting LPM. We will also dive into the outcomes that made the implementation worth it. By the end of this talk, you will leave with five things that might help you with an easier LPM implementation journey.
About S&P Global:
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world.
Presented at the 2022 SAFe Summit by:
Mary Thorn Vice President IT Strategy and Transformation, S&P Global
Presented at 2019 Global SAFe Summit, San Diego Oct. 2, 2019
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For over 130 years the name “Bosch” has been associated with forward-looking technology and trailblazing inventions that have made history. Bosch does business all over the world and is active in the most wide-ranging sectors. In particular, BOSCH is the largest supplier for the global automotive industry.
Dr Volkmar Denner, CEO of Bosch; “For Bosch agility is crucial, it allows us to adjust to the increasing speed of change around us. Agility allows us to remain in a position as an innovation leader.”
This video tells the story of how an enterprise of more than 70,000 knowledge workers and traditionally independent business areas have faced the challenge of an agile transformation and started an alignment to common a strategy for mobility solutions and the SAFe journey. It provides a deep dive into one of Bosch`s Business Units, ETAS, and shows what was already achieved by introducing the SAFe and focusing on current activities in Lean Portfolio Management and how the company organizational structure is being adopted as a consequence of the SAFe transformation.
Anthem chose to apply the Scaled Agile Framework incrementally, rather than a big bang rollout. Approaching the problem from both top-down and bottom-up, the SAFe transformation for the enterprise concentrated on one vertical slice at a time working with both Business and IT leaders in an area to enable Lean-Agile practices and provide hands-on coaching and education to drive the adoption of the Agile mindset.
They chose to apply the Scaled Agile Framework incrementally, rather than a big bang rollout. Approaching the problem from both top-down and bottoms-up, the transformation for the enterprise concentrated on one vertical slice at a time working with both Business and IT leaders in an area to enable Lean Agile practices and provide hands-on coaching and education to drive the adoption of the Agile mindset.
They worked closely with their partners to go beyond just the mechanics of training and coaching with a focus on sustaining the change and moving towards true enterprise business agility.
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