The Strategenics Technology Development Lifecycle
Congratulations! You have discovered a great secret to successful technology development. Strategenics is publicly releasing some of our valuable intellectual property. We are doing this because we believe in sharing our 5 principal values:
- Smarter through research and learning – We value lifelong learning, education, knowledge and insight. We believe it is our responsibility to help build the shared knowledge of our community.
- Faster through efficiency and agility – We understand the value of time and we actively enhance the speed, agility and flexibility of people, businesses and families.
- Better through ethics and effectiveness – We value ethical practices and we continue to improve the quality and effectiveness of everything we do.
- Together through trusted partnerships – We value long term trusted partnership with our clients, customers, suppliers, partners and employees and we plan for their success.
- Everything we do is driven towards a goal and overall purpose, aligned with Strategic intent.
The Strategenics Technology Development Lifecycle™
Strategenics has collected and developed a substantial body of knowledge to improve the return on any investment in technology development. Our approach is summarised by the Strategenics Technology Development Lifecycle™ as depicted in Figure 1 below.
The Strategenics Technology Development Lifecycle™ connects the dots between strategic intent, business, service and product architecture, strategic roadmap development, implementation and strategic review.
Without clear linkages between each stage of the technology lifecycle, the overall strategic intent can be lost. The changing business environment may be perceived as a distracting hindrance during implementation rather than an opportunity.
Product or service implementations could be running full steam ahead but the organisational context and direction may be shifting.
Without management of the technology development lifecycle, project implementations often incur overruns in cost and time and may never achieve the benefits stated in the original business case. Or worse. A project may successfully meet its stated objectives only to realise the business context has changed and the project deliverables and outcomes have no value in the new environment. What a waste of time and money! What an embarrassment!
The first critical stage of the lifecycle is developing the strategic intent. Through an evidence-based approach of market analysis, economic analysis, and SWOT, the strategic opportunity and/or problem statement is defined.
The strategic objectives capture the business response to the market environment.
Business, Service & Product Architecture
The second stage of the lifecycle builds a detailed understanding of the desired TO-BE architecture. Business requirements are developed as a basis for a revised business model, and/or technology service or product design as appropriate for the type of strategy. Economic models and enterprise architecture artefacts provide an interconnected architecture from a variety of perspectives.
The difference between the desired TO-BE architecture and the current AS-IS state creates a gap analysis highlighting the necessary outcomes required for success. The desired outcomes form a chain which describes the intermediate outcomes and linkages required to achieve the strategic objectives and architecture targets and quality metrics.
The outcomes chain forms the framework for the linked roadmap of desired outcomes, costed initiatives and risk mitigation activities. This model provides the strategic context for every initiative. If the context changes, the impact upon linked initiatives is easy to identify.
During implementation, agile project management and test-driven development ensure efficient progress is made towards the strategic objectives, architecture targets and quality metrics, and roadmap outcomes. The benefits of this agile approach are that, depending upon progress, implementation activities may be revised, paused, or cancelled and other activities may occur in their place.
Always start with the end in mind. If you want to know if your technology development project was successful then you need a method for measuring success or failure from the start.
With that in mind, the Strategenics Technology Development Lifecycle™ embeds measurement at every stage of the lifecycle. Metrics are interconnected across strategic intent, architecture targets, quality metrics, and the linked roadmap outcomes providing a nerve centre of progress and agility. The Strategenics Technology Development Lifecycle™ framework allows you to identify corrective action earlier in the cycle and at lower cost than the typical post project review. It just makes sense!