Measuring Agility - Intro to Evidence-Based Management (EBM)
Introduction to Measuring Agility
In this section, Will and Todd introduce the topic of measuring agility and their upcoming free course on YouTube. They discuss the challenges of measuring agility and how they use a framework called evidence-based management (EBM) in their own businesses.
Measuring Agility with Evidence-Based Management
- Will and Todd use EBM to run their businesses.
- EBM is a framework that can be used for any kind of product development or to run a business.
- EBM helps them inspect goals, look at current value delivered to the market, make time for innovation, and identify unrealized value.
- The course will guide viewers on how to practically get started with EBM by sharing how Will and Todd got started with it.
Using EBM to Run a Business
In this section, Will shares his experience using EBM to run his self-employed training and consulting business.
Setting Goals
- Started as an experiment in January 2020 with small initial goals.
- Broad goal for the year was to decide whether or not to continue as a self-employed person based on sustainability.
- Short-term goals included winning clients and working on training stuff.
Inspecting Goals
- Used EBM to inspect goals beyond just making enough money for sustainability.
- Looked at current value delivered to the market, made time for innovation, identified unrealized value, and found ways to stand out in a competitive market.
Conclusion
In this section, Will mentions that the course will cover his journey of using EBM to run his business and how it has been with him every step of the way.
Creating Agile for Humans LLC
In this section, the speaker talks about how he and Ryan created Agile for Humans LLC with a vision to uncover better ways of working together. They set short-term goals and measurements to achieve their broad goal.
Short-term Goals
- The speaker talks about setting short-term goals to help achieve their broad goal of uncovering better ways of working together.
- They wanted to understand who their current customer base was and what their unrealized value was there with market share.
- Understanding other customer segments that they weren't engaging with was important to them.
Time Constraints
- The ability to innovate is limited if the schedule is packed too much.
- They experiment with new ideas and hypotheses, measure the outcome, and see what happens.
Getting Started with EBM
In this section, the speaker encourages listeners to get started with Evidence-Based Management (EBM). He explains that it's hard but valuable in improving personal and business levels.
Starting EBM
- The speaker encourages listeners to get started with EBM despite its difficulty in doing it right and well.
- Setting goals for oneself, identifying measures, inspecting, and adapting along the way can lead to great improvements on a personal level as well as on a business level.
Course Engagement
- The course provides different ways to engage with Will and the speaker. It's free but there will be a paid version that includes additional materials.
- The paid version will have some additional materials, and Will and the speaker will be in there creating events, chatting around, and helping people as they work through this.
Next Wave
- The speaker views EBM as the next wave that goes away from thinking that they're agile to having measurements and insights into whether they are agile or not.
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Episode 1
This section contains the opening statement of the episode.
- The episode starts with an opening statement from the host.
All Right All Right
This section contains a brief statement from the host.
- The host says "All right, all right" before moving on to the next segment.