Do you feel sometimes like your stakeholders are speaking the other language? Like you all try to achieve the same goals, but you come from different "countries" of mindset? As an accountant in the product development world, I will show you how to speak finance in a more agile context to better fit your stakeholders. How to translate common impediments and blockers into the language they use. And finally how the traditional issues of product development look from a business perspective.

1. 1
What can product developers
learn from financial markets?
Lost in Translation

2. 2
I practice Kanban
and spread Kanban knowledge

3. 3
It’s a kind of magic

4. 4
What is development?
Development is a journey!

5. 5
MANY KINDS
OF PEOPLE…
… and each of them
talking their own
language!

6. 6
“It’s not
a rocket
science!” *
* Actually it is.

7. 7
L o s s o r d a m a g e
Work in progress tends
to become obsolete
L o w e r l i q u i d i t y
The longer development
team stucks in the project,
the less “liquid” it is in
terms of picking up the
new challenges
H i g h c o s t
The more work in
progress you produce,
the more additional
costs it consumes
P o o r i n v e n t o r y t u r n o v e r
If you produce
requirements only, you
don’t deliver the product
“You say impediments?
So why don’t you start another task in the meantime?”
or Inventory Accounting

8. 8
Option to Delay
Decide to delay project delivery in favor of bigger
profits associated with delay.
Option to Abandon/Withdraw
Close the project during its lifetime, as continuing
working on it is no longer financially justified.
Option to Expand
Make further investments that increase the net
present value of a project.
Option to Redeploy
Decide, instead of abandoning the current project,
to use the outcome of this project for another one.
“This project is not going to work!”
or Real Options

9. 9
“This tool looks
almost the same.
Cannot you work
faster?”or Learning Curve Effect

10. 10
“This tool looks
almost the same.
Cannot you work
faster?”or Learning Curve Effect

11. 11
RISK UNCERTAINTY
Risk may or may not occur, but we are able to
statistically calculate its probability or frequency
Uncertain events are those which we cannot predict
with statistical confidence
“Tell me your
risk mitigation strategy”
or Dealing with Risk and Uncertainty

12. 12
Let’s take
this journey
together!