Reducing Waste and Unnecessary Expenses in Your Organization
Market what you already have instead of what’s in the pipeline, and avoid relying too on long-term road-maps, which often change. Don’t force programmers to commit to completing certain features by a specific date, as it can affect morale. Less process is usually better, as programmers are often self-managing and self-motivated. For Agile teams to deliver valuable software, they must trust programmers to make decisions and give them autonomy in their work. Clear communication of project goals and objectives is needed. Agile teams should review the project’s progress, reflect on the decisions made by the programmers, and adjust.
Employment needs to provide complete financial security, and there are risks to being an employee. The endowment effect, where we value things more when we own them, is a cognitive bias that affects us. Art has value, but it should not be conflated with commercial productivity. A lousy software development team can be even more expensive than a good one. It’s essential to avoid venture capital and not obscure individual contributions as the company grows. Reducing unnecessary functions like HR and legal can reduce waste. This includes minimizing expenses like office space and commuting costs.
