Effectuation

Technology, strongly permeates our lives, it affects the way and the times in which we communicate, buy products, inform, socialize, control our diet or check our health.

Today entrepreneurs, although not working in the digital domain, are finally realizing that to remain competitive, they must fully understand the technological revolution under way and equip themselves with tools capable of exploiting those opportunities; this is especially true in the presence of resource scarcity scenarios, economic crisis or high competition, as today.

effectuation image

A concrete help comes from studies conducted by Saras D. Sarasvathy, professor at the Darden School of Business at the University of Virginia.
At the turn of the new millennium he has worked with twenty-seven experienced entrepreneurs, founders of companies with turnovers far exceeding the hundreds of millions of dollars. Dr, Sarasvathy has subjected them with a series of tests, questionnaires and cases to solve, which aimed to understand how these people approached to problems and how they tried to solve them.

What emerged is they all possess a particular inclination, called “effectuation“.

 

Actually their decision making process relies on a very specific framework, based of the following cycle:

Effectuation Cycle

Effectuation Cycle

Every decision is the based on these five principles:

  1. Start from who your are and your own means. Carefully evaluate themselves, what they have, their education, experience and knowledge; develop ideas and solutions using the means at their disposal.
  2. Loss bearable. In deciding the objectives and in addressing the next steps towards the realization of the idea, they think of what the maximum sustainable economic loss for them is, at that precise moment.
  3. Factor surprise. They are people fully dedicated to action; exploit any emerging information from the field, positive or negative, as a confirmation of the direction or inspiration for improvement, or even as an element that can bring out new needs of the market.
  4. Create new Partnership. They talk about their ideas with the people they meet, seeking for feedback, shaping their thoughts according to the feedback received. They create effective partnerships with those who demonstrate interested, which, in turn, provide new means and resources of the project.
  5. Build your own future. Focusing their attention on activities and resources that are under their direct control, these entrepreneurs build their future day after day, empirically, instead to grope or predict it or, even worse, accept it passively as immutable.

“The harder you push, the harder the system pushes you back” – Talk Slides

Tuesday June 14th, me and my colleague Stefano, presented a talk at Better Software conference in Florence, about the role of coaching, change management and facilitation in guiding Agile Transition program.

Here you can find the slides.

BetterSW Talk

Enjoy! 🙂

Entrepreneurship in a Digital World Article (italian)

TECNA Editrice published one of my article about Entrepreneurship in the Digital World, through Effectuation and Lean Start-up. Enjoy!

Click here to see the article.

Entrepreneurship and Digital World

Speaking at BetterSW Conference

June 14th I am speaking with my colleague Stefano Lucantoni, at BetterSW Conference in Florence, presenting the speech “The harder you push, The harder the system pushes back”.

BetterSW

 

 

 

It’s time to change

Agile is Fascinating, but not Trivial .

Consider changes in habits, behaviors, skills, competences, etc. It means we need to know what approach, methodology or framework could better fit any transformation, but what about the people side?
What about individual and interactions? How to cope with people resitance and hesitation?

This was the topic of my speech in Rome at ISIPM event.

IMG-20160518-WA0005

Here you can find the presentation on slideshare.

Enjoy 🙂

Speaking at ISIPM – Agile Project Management Event

May the 18th in Rome, I am giving a speech and participate to the final roundtable, at the event organized by the ISIPM (Italian Institution of Project Management) called “Agile Project Management”.

I will be speaking on how to increase the percentage of success of any Agile transition, by adopting an adequate approach to Change Management.

ISIPM - Agile Project Management Event

ISIPM – Agile Project Management Event

The event will be in May the 18th, from 2 pm to 5.45 pm and will take place here:
Roma Scout Center
Largo dello Scautismo 1
(ex Largo S.Ippolito)

Here you can find the brochure.

Video of my Talk at Italian Agile Days 2015

I am glad to share the video of my talk at Italian Agile Days 2015 about Resilience and agile Teams.

 

 

And this is the link to my slides.

Enjoy!

🙂

 

 

 

 

Speaking at Italian Agile Day

I am speaking Saturday November 7th at Agile Days Conference in Brescia, about Resilience and Agile Teams.

Join us!

 

The Light Touch of the Agile Leadership (italian article)

How to enable creativity, innovation, and in the meanwhile, avoiding micro-managing?

Are you firstly focused on developing people and then processess and tools?

Are you curios about the talent of you collaborators or colleagues?

Well, you are on the right path towards to become an Agile Light Touch Leader (click here).

 

 

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