{"id":4972,"date":"2023-03-16T10:00:39","date_gmt":"2023-03-16T08:00:39","guid":{"rendered":"https:\/\/getnave.com\/blog\/?p=4972"},"modified":"2023-11-21T19:32:26","modified_gmt":"2023-11-21T18:32:26","slug":"improve-time-to-market","status":"publish","type":"post","link":"https:\/\/getnave.com\/blog\/improve-time-to-market\/","title":{"rendered":"The Only Strategy You\u2019ll Ever Need to Improve Time to Market"},"content":{"rendered":"
<\/div>\n

If you don\u2019t really know how your teams are doing, you won\u2019t be able to improve time to market. That\u2019s where the power of data comes in.<\/em><\/p>\n

If I asked you, \u201cHey, how are your teams doing\u201d, what would you say?<\/p>\n

Could you answer: \u201cthey\u2019re doing great!\u201d Or even: \u201cWe have some challenges, but we\u2019ve also got data that shows us how to tackle them.\u201d<\/p>\n

As leaders who oversee the entire end-to-end value stream, we\u2019re doing our best to improve time to market while making sure that we\u2019re heading in the right direction with our individual products.<\/p>\n

But when your decisions are based off guesswork, you might think you\u2019re doing okay when in reality, there are problems lurking just under the surface.<\/p>\n

\u201cHow are your teams doing\u201d is honestly a trick question, and you\u2019ll probably get different answers based on who you talk to.<\/p>\n

If you talk to the developers, for example, they might be quite confident: \u201cYeah, we\u2019re moving tickets through the board and everything\u2019s going pretty smoothly.\u201d<\/p>\n

Talk to the product managers, on the other hand, and they\u2019ll say, \u201cWhat we\u2019d really like is if we could deliver results faster.\u201d<\/p>\n

Head over to the QAs and you\u2019ll get a different answer altogether: \u201cWe always have so much to do, we\u2019re always the bottleneck \u2013 we need more people!\u201d<\/p>\n

You\u2019ll literally receive different answers across the board, based on who you talk to.<\/strong> And that\u2019s because all of these answers are purely anecdotal!<\/p>\n

Here\u2019s the thing:<\/p>\n

You know<\/em> something is off. You know that some of your teams really are struggling \u2013 they have real problems going on, and they need solutions.<\/p>\n

But you don\u2019t know exactly what<\/em> it is you should be changing. And the last thing you want to do is take potshots without any proof to back up what you\u2019re doing. Especially considering that you are responsible for making far-reaching decisions that involve multiple teams and thousands (or even millions) of end users.<\/p>\n

So how do you figure out what direction you need to be heading in? You have to shift the conversation altogether.<\/p>\n

It\u2019s All About Process Improvement<\/h2>\n

Gut feelings, as powerful as they are, aren\u2019t reliable indicators. What you really need is actual data<\/strong> to give you answers. Let\u2019s take a step back and dig deeper into the problem we\u2019re trying to solve.<\/p>\n

The ultimate goal we have is to deliver results to our customers quicker, collect feedback quicker and continue to pivot the direction we\u2019re heading with each individual product.<\/p>\n

Now, how do you deliver results in the first place? Put simply, your teams follow a set of steps in their product development process that move each piece of work from an idea to a deliverable.<\/p>\n

Doesn\u2019t it make sense then to analyze this process to identify opportunities for improvement and actually figure out what\u2019s slowing you down?<\/strong><\/p>\n

You don\u2019t have to ask your teams how they are doing. Instead, to improve time to market you need to put your focus on how the work flows through your process and optimize that process to cut the waste.<\/p>\n

And let me tell you, more often than not, it\u2019s about tweaking your management practices just a little bit<\/em> that leads to massive improvement in your delivery speed. And when I say massive, I really mean achieving results like increasing productivity by 250% in less than 2 months<\/a>.<\/p>\n

So what do I mean by tweaking your management practices \u201cjust a little bit\u201d? I\u2019m going to give you one clear example that not only shows you what I\u2019m talking about, but that you can also start implementing as early as tomorrow morning.<\/p>\n

<\/div>\n

Help Your Teams Deliver Results Faster Using Nave\u2019s Analytics Suite<\/h2>\n

You know how a picture is worth a thousand words?<\/p>\n

What we\u2019re looking at here is a Cycle Time Breakdown Chart<\/a>. It\u2019s showing how much time your work has spent at each process step.<\/p>\n

\"Cycle<\/a><\/p>\n

The pie chart shows you where the bottleneck is at.<\/p>\n

If you look closer at the light pink section, the one that represents Code review (Done), you\u2019ll see that almost 30% of the total delivery time has been spent there. The Code review (Done) status is an inactive status, so that\u2019s a total of 407 days in which the work has just been sitting and waiting.<\/p>\n

You have an opportunity to improve your delivery speed by 30% just by tweaking the way the team makes decisions about what to work on. <\/strong><\/p>\n

You can do this by introducing an explicit process policy<\/a> as simple as this:<\/p>\n

Once someone is done working on something, instead of pulling new work from their To Do list, they go through the Code review (Done) status and pick up anything that\u2019s sitting in it.<\/p>\n

That way, the team will focus on clearing out all outstanding work before initiating new work, which will ultimately reduce the waiting time in your system and thus improve your delivery speed.<\/p>\n

So here\u2019s what you do next:<\/strong> If you haven\u2019t already, go ahead and connect Nave\u2019s analytics suite to your management platform (it\u2019s free for the first 14 days)<\/a> \u2192<\/p>\n

Once you\u2019ve created a dashboard with your data, you can analyze your Cycle Time Breakdown Chart and identify from the get-go the bottom-line challenges that are slowing you down.<\/p>\n

So go ahead, check this out and let me know what you\u2019ve discovered. Send me a DM on LinkedIn<\/a>, I\u2019d love to hear all about it.<\/p>\n

<\/div>\n

That\u2019s it for today, my friend!<\/p>\n

I hope I\u2019ve convinced you by now that having an actual visual for your data is by far the most accurate way to answer the question \u201chow are my teams doing.\u201d<\/p>\n

Having proof empowers you to then help your teams find targeted solutions to deliver customer value faster.<\/p>\n

Thanks for checking in and I look forward to seeing you again next week, same time, same place! Bye for now.<\/p>\n

<\/div>\n
<\/div>","protected":false},"excerpt":{"rendered":"

If you don\u2019t really know how your teams are doing, you won\u2019t be able to improve time to market. That\u2019s where the power of data comes in. If I asked you, \u201cHey, how are your teams doing\u201d, what would you say? Could you answer: \u201cthey\u2019re doing great!\u201d Or even: \u201cWe have some challenges, but we\u2019ve […]<\/p>\n","protected":false},"author":1,"featured_media":5067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[69,70],"tags":[],"class_list":["post-4972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-process-improvement","category-team-performance"],"acf":[],"yoast_head":"\nThe Only Strategy You\u2019ll Ever Need to Improve Time to Market | Nave<\/title>\n<meta name=\"description\" content=\"If you don\u2019t really know how your teams are doing, you can\u2019t improve time to market. 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