Session Title
Closed Loop Feedback is the Key to Manage Today’s Risk
Abstract
Today’s environment of risk and uncertainty creates significant challenges. How does one navigate risk effectively? Other industries also encounter risk and generate value by understanding and managing that risk and uncertainty effectively. This is only possible through a process of continuous learning which requires active feedback loops. Linear approaches, or situations in which feedback loops are broken or delayed are doomed to fail in a world of uncertainty.
Feedback is a core general practice of the Kanban Method. The visual board, metrics, and regular cadences all provide feedback to enable continuous learning and continuous improvement. Not only are feedback loops the foundation of business agility, empiricism is the foundation of the scientific method, Shewhart-Deming process improvement cycles, and the Lean Startup model.
Todd’s background is as a Chemical and Petroleum Engineer, so risk, uncertainty, control systems and empiricism are natural for him. Todd will share his background with control systems and explore how healthy Agile approaches incorporate multivariate closed loop control systems.
Bio
Todd Little is Chairman at Kanban University, the leading provider of professional Kanban management training. He is also a Founder at Accelinnova, a leadership and agility consulting group. Previously, he held executive roles as Vice President of Product Development for IHS, and Director of Software and Technology for Landmark Graphics, a division of Halliburton. He has been developing or leading the development of software for over 35 years. For the past 10+ years, Todd has been a frequent presenter at Agile and Software conferences around the globe.
He is a founding member and past President of the Agile Leadership Network. He has served on the Board of Directors of both the Agile Alliance and the Agile Leadership Network, and was a co-founder and Conference Chair for several of the Agile20XX conferences. Todd is a co-author of the book “Stand Back and Deliver: Accelerating Business Agility,” Addison Wesley.