Change is change, right? Not exactly. The interaction of speed and predictability make your leadership role more important than ever. Read on to find out how change is changing and how you can help your team flourish in its face.
There are a few Formula1 videos around the web that we use to teach about the economics of batch sizes, particularly in the SAFe, where the teachings of Don Reinertsen are embedded in the body of knowledge. I found this new video on LinkedIn today and thought I would share them with the community.
Remember, we are trying to reduce the transaction cost of a batch. In these videos the older pit stop people, process and tooling resulted in a much higher transaction cost compared to the modern pit stop with automated tools and swarming. This can be done through automation, architecture, tools, kaizen of process, and through new ways of thinking and working, and even new ways of feeling. We must pay particular attention to the relationship between tools, people, and process as optimizing one without tuning the others may not improve anything (systems thinking).
What is an acceptable pace of change for your organization? The root of all improvement lies in change. Should we go all out with unmanaged chaos, or manage change as part of a strategy through extensive controls? How does your enterprise identify and engage what the appropriate pace of change is? How do you balance change to affect positive business outcomes?
How fast does your company need to innovate to stay competitive?
Remember the wisdom of Jack Welch, “If the rate of change on the outside exceeds the rate of change on the inside, the end is near.”
The answer lies in the balance of new and/or improved thinking tools, ways of working, and even ways of feeling as an organization. Every organization is unique and therefore requires a unique approach to managing change. We can always start with existing ideas and tooling and fit to purpose. Choose wisely, and actively engage and match the pace of change to the needs of innovation.
I am particularly fascinated by Rimac and their explosive growth and ability to continuously and relentlessly improve and match the external markets demand for innovation.
“We need to change everything. The whole company changes pretty much every year. – Mate Rimac”
Company founder and CEO Mate Rimac takes you deeper behind the scenes than most journalists have ever been. And this is only the first episode of the four they’ve produced.