Session

Lean Value Tree, as sustainable development processes

Inspired by the Lean Value Tree, we choose to make talk description as it works.

Vision: Lean Value Tree, as sustainable development processes tool for stakeholders, developers, and managers working on digital products strategy.

Goal: show how it works

The aim is to show the Lean Value Tree (LVT) as a visual tool that makes it easy to get from plans for a value-driven strategy. It allows leaders and teams to structure and manage options for change and improvements. It offers an effective way to share and analyze desired outcomes, examine risks and opportunities, and continuously redefine what is needed. It’s based on the idea of prioritization by results (and not features) introducing optionality as a crucial element of planning.
Each aspect of the tree contributes to the accomplishment of the leading vision through experiments directed to produce behavioural change.

Bet: true story as example to demonstrate how it works

Based on a true story we would show that Lean Value Tree and Kanban board works as agile models for people, teams, organizations and innovation process. It transforms from hierarchical and bureaucratic to a flat and flexible organization by distributed decisional processes among teams and governance board. It makes visible and understandable the vision, goals, bets and metrics. Thanks to this CherryChain and its industrial partners had a shared and sustainable research and development processes, stakeholders, developers and researchers should be able to keep up a constant pace and focused actions.

Intiative: CherryChain storytelling

New ideas are never a problem. Everyone working in an organization has multiple thoughts on how to improve the management, the process, or the product itself. But not all the ideas are the same. Some reveal unexpected complications and dependencies. Some others may create opportunities for specific customers only while generating backlash for others. CherryChain is a Fintech start-up working on research and development of hybrid blockchain protocols, into Trento research center. It’s a case study where a different industrial partners (Bank, Energy Utility and Retail corporation) work together for developing new digital products based on Distributed Ledger Technology (DLT) and Smart Contracts. For example a new digital onboarding of customers.
How can we move through wealth of insights and transform them into an actionable strategy among different domains?
In this context, making digital products means moving through multiple domains and technology uncertainties, and the best way to operate in this condition is through experimentation and test, instead of upfront decisions. In this scenario, selecting ideas is an entirely different game. When you want to innovate through experiments, it’s not essential to avoid wrong ideas; instead, what is crucial is to quickly and cheaply test as many promising ideas as possible, and to learn which ones will work. That means doing a research and development process based on rapid prototyping and feedback loop from governance board and technical teams. Thanks to LVT and Kanban board, CherryChain and its industrial partners had a shared and sustainable research and development processes.

Carlo Rizzi

Fondatore e Responsabile Ricerca e Sviluppo CherryChain s.r.l.

Trento, Italy

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