https://engineering-leadership-preview.hinshelwood.com/tags/unrealised-value/ Recent content in Unrealised Value on Engineering Leadership in AI & Software Hugo en Tue, 16 Jun 2026 17:40:35 +0000 https://engineering-leadership-preview.hinshelwood.com/videos/how-to-discover-unrealized-value-in-your-product/ Wed, 24 Jan 2024 11:00:29 +0000 https://engineering-leadership-preview.hinshelwood.com/videos/how-to-discover-unrealized-value-in-your-product/ Evidence-Based Management helps you find hidden opportunities to improve your product by using metrics like customer satisfaction, market share, and innovation to identify gaps between current performance and potential value. By adding these insights to your product backlog and prioritizing improvements, you can boost user satisfaction, reduce churn, and stay competitive. Regularly review feedback and involve stakeholders to ensure continuous improvement and maximize your product’s value. https://engineering-leadership-preview.hinshelwood.com/videos/unlocking-unrealised-value-the-key-to-elevating-your-product-development-strategy/ Tue, 11 Feb 2025 06:00:40 +0000 https://engineering-leadership-preview.hinshelwood.com/videos/unlocking-unrealised-value-the-key-to-elevating-your-product-development-strategy/ Unrealised value, or the features your users need but you have not built or identified yet, is often overlooked but crucial for product success. To unlock this value, focus on understanding your users, validate assumptions with small experiments before full development, and increase deployment frequency to speed up feedback and learning. Make it a priority to continuously learn from your market and adapt your product strategy to stay relevant and maximise impact. https://engineering-leadership-preview.hinshelwood.com/videos/mastering-evidence-based-management-ebm-for-product-owners-maximizing-value-delivery/ Mon, 29 Jan 2024 07:00:07 +0000 https://engineering-leadership-preview.hinshelwood.com/videos/mastering-evidence-based-management-ebm-for-product-owners-maximizing-value-delivery/ Evidence-Based Management (EBM) helps product owners make better decisions by tracking key metrics like current value, unrealized value, ability to innovate, and time to market, ensuring teams focus on delivering the right value efficiently. Using EBM enables you to identify when to pivot, align stakeholders, and engage your team in the product’s success. Consider adopting EBM practices or training, such as the PAL-EBM course, to maximize value delivery and team effectiveness. https://engineering-leadership-preview.hinshelwood.com/videos/in-high-competition-markets-how-does-scrum-product-development-help-acquire-and-retain-customers/ Mon, 13 Feb 2023 07:00:21 +0000 https://engineering-leadership-preview.hinshelwood.com/videos/in-high-competition-markets-how-does-scrum-product-development-help-acquire-and-retain-customers/ Scrum does not directly acquire or retain customers, but it helps teams deliver value quickly and adapt based on customer feedback, which can lead to competitive advantage. Its main strengths are making problems and opportunities visible, enabling rapid execution, and supporting a culture of innovation, but leaders and teams must still identify what customers need and how to deliver it. To succeed, focus on building strong teams, understanding market value, and using Scrum to consistently deliver and validate valuable features. https://engineering-leadership-preview.hinshelwood.com/signals/innovation-graveyards-where-great-ideas-die-in-slow-organisations/ Sun, 27 Apr 2025 15:30:30 +0100 https://engineering-leadership-preview.hinshelwood.com/signals/innovation-graveyards-where-great-ideas-die-in-slow-organisations/ Slow organisations kill promising ideas by demanding certainty, avoiding risk, and requiring full alignment before testing anything. Successful companies move quickly, experiment, and improve as they go, understanding that waiting for perfection leads to missed opportunities. To avoid wasting potential, encourage faster testing and learning from new ideas. https://engineering-leadership-preview.hinshelwood.com/tags/unrealised-value/ Thu, 10 Apr 2025 14:19:46 +0000 https://engineering-leadership-preview.hinshelwood.com/tags/unrealised-value/ Unrealised Value refers to the potential value that an organisation has yet to capture, highlighting opportunities for improvement and innovation. It encompasses various indicators that assess untapped possibilities, such as latent market demand or areas ripe for enhancement. By focusing on Unrealised Value, teams can identify opportunities to optimise processes, innovate products, or better meet customer needs, ultimately leading to increased competitiveness and sustainability. This concept is crucial for enabling teams to deliver value predictably and sustainably, as it promotes a proactive approach to recognising and addressing gaps in performance and capability. Systematically measuring and analysing Unrealised Value fosters a culture of continuous improvement, motivating teams to explore new ideas and solutions. This long-term focus not only enhances current operations but also positions organisations to adapt to changing market conditions and customer expectations. Understanding Unrealised Value empowers teams to make informed decisions about resource allocation, ensuring they are strategically planning for future growth and success rather than merely reacting to immediate challenges. This perspective shifts the focus from delivering current value to actively seeking and realising potential value, which is essential for thriving in today’s dynamic business landscape.