Agile Finance

Agenda

• What does Agile Finance mean (and why you need to be M-A-D to do it)
• The practical application of Agile in Finance
• Tools to support your Agile journey

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Live Content Slide

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Poll: Do you use any business process improvement techniques in your company (Agile, Lean, CI, Six Sigma, etc)?

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Poll: Do you use Agile ways of working (Scrum, Kanban, SAFe, etc)?

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Poll: Where are you on your Agile journey?

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Part 1 - What does Agile Finance mean?

• Agile definition “Agile is a way of working (WoW) and a mindset”. It incorporates:
• Empowering the team
• An approach to prioritizing workload
• Make value-based decisions quicker + then deliver …. quicker

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• What it is not – flexi-working, hybrid working etc.

It’s all part of being M-A-D

• Mindset
• Open to change
• Culture of continuous learning
• Fail fast – Need a culture of embracing and learning from failures
• Management setting tone, creating space
• Agile ways of working
• Empowering the team
• An approach to prioritizing workload
• Make value-based decisions quicker + then deliver …. quicker
• Digital ecosystem:
• Customer demand
• Quality data
• Infrastructure & systems
• People – mindset & capability

Agile mindset

Table Discussion #1

• Share an example of where a growth mindset has helped the team deliver something

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• Share an example of where a fixed mindset has held your team back

Part 2 – Practical Application of Agile in Finance

• The working agreement
• Agile cadence
• Organizing for Agility

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Working Agreement

Cadence

• Planning
• Daily stand-ups
• Retrospectives
• Reviews

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Organizing the Team for Agility

Finance

Operations

Logistics

Legal

Sales

Procurement

Daily Ops

Process Imp

Project 1

Project 2

Live Content Slide

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Poll: Do you have a working agreement (or similar) in place?

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Live Content Slide

When playing as a slideshow, this slide will display live content

Poll: Are you organized for Agility?

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Poll: Are you finding Agile ways of working helpful?

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Part 3 – Tools to support your Agile journey

• Backlogs
• Prioritizing work
• Common challenges faced!

Creating a backlog

Prioritization

• Why prioritize?
• What should be prioritized?
• How to go about prioritizing work

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Agile challenges!

• Creating time/space for a busy organization to try something new
• Adopting an ‘it’s OK to fail’ mindset
• Getting the team interested and engaged
• Focusing on behaviors/how we work vs technologies

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Live Content Slide

When playing as a slideshow, this slide will display live content

Poll: Do you use Agile ways of working to create a backlog and prioritize work?

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Poll: How do you visualize your backlog / priorities?

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Poll: Has visualizing your backlog / priorities given you any 'ah-ha' moments?

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Table Discussion #2

• Share an example of how using business process improvement techniques (Agile, Lean, CI, Six sigma etc.) has helped to create value for your company?

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• Share some of the challenges you have faced with implementing business process improvement techniques (Agile, Lean, CI, Six sigma etc.) …. and how you have overcome them

Back Up

Virtual Whiteboards

Agile Software

Discussion #3 (if time)

• Share an example of how you have organized for Agility and if it has helped you?

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• Share your Agile cadence and how you prioritize / deal with new requests (break-in work)