How is your company going to keep up with “Tesla Speed”?
15-12-2023It’s All About Innovation
22-02-2024Challenge stupid requirements
Today, many people wonder how Musk companies like Tesla and SpaceX can innovate so fast. Musk and other senior executives however have already shared the secret! It’s a 5-step process they call “The Algorithm.” I’m Peter B. Stevens; this is the Agile Minute, and here’s how it works!
The Algorithm
- Step 1: Make requirements less dumb. Perfect requirements can’t exist, so obviously, any requirement could be dumb. Go to the source – the person not the department – and make sure the reason is clear, convincing, and still relevant.
- Step 2: Delete the Part or the Process Step. Anything you can delete will save you time and money. Yes, sometimes you have to add it again later. That’s a sign you’re trying hard enough.
- Step 3: Iterate. Run steps one and two many times. Automating something that is too complex doesn’t fix the problem.
- Step 4: Accelerate. Work expands to fill the time allotted, so allocate less time. You can always go faster than you think. Challenge people and be systematic about eliminating impediments.
- Step 5: Automate. Automating is that last step. Run the first steps of the algorithm many times before you automate.
That is the Algorithm in a nutshell!
The Infographic
How to make this work? It starts with Agile DNA in your company. I’ll explore that in the next video.
Are you doing this already? I’d love to hear from you. Want to accelerate your organization? Like and Subscribe and Follow me on YouTube for more! Links are in the comments — See you on the flip side