Brendon Hicks

Does your organization struggle with aligning their work processes and prioritizing tasks efficiently? Join Kim Binette from State Street at our VSM Summit in a session on Optimizing Efficiency with Value Streams. Learn how to implement Value Stream Management (VSM) to reduce noise and prioritize high-value signals, ensuring alignment and efficiency across your programs and projects. Register now to learn from Kim Binette, Brian Nathanson and other industry leaders at our VSM Summit: https://lnkd.in/dr3QuwQt #ValueOpsVSM #ValueStreamManagement #DigitalTransformation

4

THIS... is why we started Summit Venture Studio... These are 27 software development projects Spencer Walker and I worked on while inside the University of Utah. The Y-axis is Millions of dollars (valuation). The X-axis are value inflection points. The two companies that had the highest value at exit/raise in this chart were actually valued much higher but it skewed the graph so I am just showing how much they raised. The GREEN all exited or raised money, the BLUE were all licensed to established companies so a real value was never set after that and the RED were shut down. An interesting point to think about is that these projects were "assigned to us" and were not "chosen" as good business opportunities. Now we are screening the deals we work on for commercial viability. I am super excited for the future. Who wants to come and play with us and start a company with us? We have 8 in the pipeline and I just finished a meeting where we agreed to launch our next company hopefully in the next few weeks.

85

14 Comments

Take a minute and think about the hardest processes, situations or businesses to plan for or manage –and what you can do about them. Hint: the hardest are not necessarily the most complicated. Imagine this. A bunch of very skilled soccer players wearing Virtual Reality googles that show them their surroundings accurately but with a 5 second delay. Do you think they can play? What distinguishes good players? Athleticism, ability to manipulate the ball, and projecting where the ball is, in that order. But with a 5 second delay, the order is flipped. Predicting where the ball will (by far) matter the most. 𝐀𝐧𝐝 𝐭𝐡𝐚𝐭 𝐢𝐬, 𝐟𝐫𝐢𝐞𝐧𝐝𝐬, 𝐰𝐡𝐲 ��𝐨𝐨𝐝 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐚𝐫𝐞 𝐯𝐞𝐫𝐲 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 when results are separated from actions by a long time. Good strategies require hypotheses about what will happen. Things like careers, new products, Go to market plans, investments of time or money. 𝐁𝐮𝐭 𝐡𝐞𝐫𝐞’𝐬 𝐨𝐧𝐞 𝐬𝐡𝐨𝐫𝐭 𝐜𝐮𝐭. Think about reducing the feedback delay. You may have to think hard, but it can be done. Look for early indicators. Rework your process. A good hint here is to 𝐚𝐝𝐨𝐩𝐭 𝐀𝐠𝐢𝐥𝐞 𝐦𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐢𝐞𝐬, which are all about reducing feedback delays. Reducing the delay is a better bet than polishing your strategy.

25

6 Comments

Learn how our CPO, Amanda Grant, shifted our focus to put customers first this past year. Check out her story on Mind The Product. #ProductTransformation #OneAdvanced #PoweringTheWorldOfWork

6

TwinThread’s Industrial AI platform can help you take your legacy manufacturing information systems to the next level.

10

🔨Featured in the latest issue of REI INK, the Verisk Remodel Index reports a 4.1% increase in home repair and remodeling costs from Q1 2023. Learn how these trends could impact your region. Reading the full article in REI INK: vrsk.co/4c6VrfN #HomeRepair #PropertyEstimating #Verisk

1

1 Comment

EAP 101: A Guide for Software Companies New to Enterprise Applications Platforms? This guide breaks down what EAPs are, how they work, and why they're a game-changer for companies burdened by outdated systems and technical debt. #Innovation #SoftwareDevelopment #Nextworld https://lnkd.in/g3RajRSp

8

EAP 101: A Guide for Software Companies New to Enterprise Applications Platforms? This guide breaks down what EAPs are, how they work, and why they're a game-changer for companies burdened by outdated systems and technical debt. #Innovation #SoftwareDevelopment #Nextworld https://lnkd.in/g3RajRSp

2

EAP 101: A Guide for Software Companies New to Enterprise Applications Platforms? This guide breaks down what EAPs are, how they work, and why they're a game-changer for companies burdened by outdated systems and technical debt. #Innovation #SoftwareDevelopment #Nextworld https://lnkd.in/g3RajRSp

4

EAP 101: A Guide for Software Companies New to Enterprise Applications Platforms? This guide breaks down what EAPs are, how they work, and why they're a game-changer for companies burdened by outdated systems and technical debt. #Innovation #SoftwareDevelopment #Nextworld https://lnkd.in/g3RajRSp

5

Here's a quick sneak preview on how Innit is enabling Trusted AI at the intersection of Food x Health. Thanks to The Spoon team for sharing!

101

15 Comments

Helping millions of small businesses access capital is a big goal and not one you can achieve with wishful thinking. It takes innovative products that meaningfully change how that capital access actually works. It’s great to see our team at Pipe getting recognized for all the hard work we are doing to build those products 🚀 #smb #capital #pipe #product

23

2 Comments

The future of America

3

Why is strategy so elusive for organizations to solidify and then implement? It all comes down to the investment in management! Hear me out… An engineer would never design a system without taking into account the effects of mechanical friction. Similarly according to Carl von Clausewitz’s, military endeavors cannot succeed without accounting for human, organizational, and situational friction. The problem is found in accounting for the variables of friction when it comes to human endeavors such as war. The attempt to account for all possibilities results in critical delays that jeopardize the entire endeavor. This is why army’s need officers! Now translate this to business. In his book The Art of Action, Stephen Bungay writes: “If Clausewitz is right, no one should develop a strategy without taking into account the affects of organizational friction. Yet we continue to be surprised and frustrated when it manifests itself. We tend to think everything has gone wrong when in fact everything has gone normally. The existence of friction is why armys need officers and businesses need managers. Anticipating and dealing with it form the core of managerial work.” As a leader, what are you doing today to establish strategy for your team, and then train and empower them to handle the inevitable friction that develops as a byproduct of implementing it? I highly recommend the book, The Art of Action, if you want a deep dive into organizational dynamics, and action oriented strategy!

13

1 Comment

If you're running a data or AI-focused startup, connect with Stephan Goupille and his team! When three of the industry's brightest data minds join forces to back your venture, you get more than just funding – you gain invaluable operator expertise. They understand the challenges and opportunities you face because they've been there themselves.

6

A timely article that is very consistent with what I am seeing around the market. Organic growth remains a challenge for even the best software products. As a result the operating levers of value are increasingly important, and pricing is the most powerful one available to management and investors. https://lnkd.in/eJhPPKbh

5

The Moonlight Companies have demonstrated amazing inspiration by onboarding thousands of employees into multiple packing facilities across the San Joaquin Valley within a week. Their commitment to delivering high-quality fruits while embracing environmentally responsible farming practices and adopting the latest technologies is commendable. The integration of PET-Tiger into their operations further enhances their focus on quality, consistency, and freshness. Here are some key highlights: Automated Packing and Cold Storage Facilities: Moonlight's investment in fully automated packing and cold storage facilities ensures their fruits reach peak ripeness. This modern infrastructure aligns with their goal of delivering top-notch produce to customers worldwide. Real-Time Labor and Productivity Management with PET-Tiger: The utilization of PET-Tiger for labor and productivity management underscores Moonlight's dedication to efficiency. PET-Tiger’s ability to collect real-time data from all operations highlights its versatility and customization capabilities. Seamless Integration with the Latest Technologies: Moonlight’s use of the latest iOS and Android platforms, along with time-clocks and biometric technology, showcases their commitment to staying technologically current. The incorporation of GPS, NFC, RFID, IRIS, and barcodes in labor and productivity tracking solutions ensures a seamless, paperless, touchless, and wireless experience. Biometric Face IDs and Smart Devices: The use of Biometric Face IDs in packing facilities and smart devices in the fields for real-time data collection 24/7/365 enhances accuracy and security in tracking labor and productivity. This integration aligns with the industry’s shift towards more advanced and secure identification methods. Customization for Compliance: PET-Tiger's ability to customize and localize to various parameters, including crop types, geographical locations, payroll systems, wage orders, legal compliance, operational policies, piece-rate, and bonus calculations, ensures that Moonlight can adapt the system to meet their specific needs. Environmental Responsibility: Although not explicitly mentioned, the adoption of modern technologies and automated processes contributes to more sustainable and environmentally responsible farming practices, aligning with broader industry trends. In summary, Moonlight Companies' integration of PET-Tiger, along with their investment in cutting-edge technologies, reflects a commitment to efficiency, quality, and innovation in the agriculture and food industry. This approach positions them well for continued success in delivering premium fruits to a global customer base. www.PET-Tiger.com #scale #inventory #pettiger #payroll #smartphones #productivity #incentives #computation #FLC #production #Realtime #biometrics #kiosk #onboarding #compliance #HR #transparency #harvesting #efficiency #H2A #costaccounting #clocks #GPS #workforce #packing #piecepay

8