What is your value as a software developer?
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Do you add value to your business, as a software developer? How is value measured in business? My talk explains why you are not a resource or an asset. This talk explains what is needed from you and from the business to unlock the value of the investment in you and your career.
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What is your value as a software developer?
- 1. (Being + Doing)^Mastery * Authenticity = Keeping it Real Software Developer: What is your value to an employer? By Anujah Bosman CEO (EMBA, BSc.Eng)
- 2. Who am I? @AnujahP https://www.linkedin.com/in/gritngrace/ • Entrepreneur • Sense maker of being human in the corporate world • Mom, CEO(Chillisoft), wife, researcher My interests and lenses are Systems Theory, Systems Psychology, Cybernetics, & CAS
- 3. Business Value added by software developers •Why should you care? •How is business value measured? •What should you do to add value?
- 4. Why ? Software Developer Business Value Cognition Sense Making Core Identity, sense of self Self Protection Activation Emotions Values Relationships Surviving Relating Thinking
- 5. Frustration Perception of coders not developers Observed a chasm between business value, people first practices, craftsmanship Threat to Survival Market – customers drive lowest price, but skill shortage = high salaries How do you incorporate knowledge work practices into software practices AND be able to see the link to business value Why ? Software Developer Business Value
- 6. Why ? Should you care about business value? • Gives you a voice • Unlocks opportunities for growth and increases • Gives you filters so that you focus on the aspects that adds value Value is the language of business Without it – You will rise to your highest level of incompetence
- 7. TOOLS: Start thinking of yourself as a business…. Head HeartGut Clarity Connection Conviction Why am I here? What are my values and am I living them here? What do I do? How will I progress? What should I focus on NOW? What must I do? Do I add more value than my costs? Adapted from Patrick Lencioni: The advantage: Why Organisations Health Trumps Everything Else in I am worth more than I am paid, My work is meaningful I have strong convictions, but they are held loosely I trust my team, my company I relate to my customer, the business, my team because of ?
- 8. What is business value? …informal term that includes all forms of value that determine the health and well- being of the firm in the long run. Includes - • economic profit, economic value added • and shareholder value, employee value, customer value, supplier value, channel partner value, managerial value, societal value. • Intellectual capital But outcome of Value is measured by money
- 9. What is business value? Net Asset Value Assets are inert. They require people to generate value. The key to sustaining a profitable company is the productivity of the workforce, our human capital. BUT HUMAN CAPITAL IS NOT REFLECTED IN THE BALANCE SHEET
- 10. How is business value predominantly measured?
- 11. Understanding your business value.. A measurement of one investment relative to another's. Price vs Value Relative Value Context and Expectations “Bozo Consulting Bums on seats Cult Personality Consulting Fear Consulting Push the SKU “ The Nomadic Developer – Aaron Erickson
- 12. Understanding your business value.. Context and Expectations …Interpreted Value Metrics are measured …sometimes Metrics are not aligned to value contribution Or Overly aligned ..short term Ask me more later!
- 13. Understanding your business value.. Structuring Context and Expectations Ask me more later!
- 14. How will business value be measured in the future? Sustainability
- 15. Understanding your business value.. Your Salary based on -technical skills, -diversity of projects and technology used, -alignment to company culture and values, -salary affordability Current Value to company based on - Consistency of delivery - Software Quality - Problem Solving Skills - Understanding of the business domain - Soft Skills and attitude - Ability to work in a team
- 16. What do you do to increase business value…. (x% Current Value + y% Future potential) * Factor ^ Net effect of Emotional Investment)
- 17. Sustainability based on CAS Future Potential…..why?
- 18. Knowing how to apply levers to amplify business value Understand the Why Authenticity = Do what you say Manage Internal Environment i.e. Mood and Attitude Learn deliberately or “Deliberate Practice” Build Habits Builds Trust collaboration Intrinsic Motivation+ Autonomy Learning, Mastery
- 19. Levers to amplify Value Learn to communicate effectively, considering Multiple perspectives, scenarios, for action Manage External Environment Respond early to signals Embedded Practices e.g.DevOPS Belonging, shared purpose Look for signals Network with a purpose
- 20. Summary Increases Your Value Increases Business Value
- 21. Summary Build your practioner skill & competency contribution to align with and generate Business Value: • x% Now • Y % Future Value is relative Choose your company carefully Value must be reflected on the balance sheet Measured and perceived measured Resources allocated Value Generated
- 22. Chillisoft’s School for Software Professional Practitioners Come chat to us at the stand
Hinweis der Redaktion
- Strong Interest in Systems Thinking and
- Strong Interest in Systems Thinking and
- Business Value is a common term that we all use it. Yes, as software developers, we understand that we write software to add business value. So what is it? Its difficult to articulate… So, lets start with Simon’s Sinek’s Golden Circle model…starting with Why. It is easy to explain what you do. But lets start with why should you care about business value?
- Without the gut, you don’t pay attention to risk, or there is no will to act. If we believe in knowledge work and its drivers, intrinsic motivation is key. Without the heart, there is no relatedness, agile says people first , so this is a critical consideration Without the brain, the how and why of the solution are not properly worked through, therefore limiting your ability to act.
- Software development is usually a lever of change. It is for this reason that I have used the three brains of leadership to discuss why business value is important to me. The three brains is anew form of leadership that is based on neurosciences findings of the neural pathway connection between the gut, heart and head. This model is used for generative and adaptive ways of thinking…new forms of thinking. So, without the gut, you don’t pay attention to risk, or there is no will to act. If we believe in knowledge work and its drivers, intrinsic motivation is key, and therefore the ability to act is key. Without the heart, there is no relatedness, agile says people first , so this is a critical consideration, since you are working with and for people. Without the brain, the how and why of the solution are not properly worked through, therefore limiting your ability to act. In thinking about the why? Why do I care about business value, use all 3 brains.
- Known as the Peter Principle.
- The areas of overlap are head and gut resulting in clarity, the gut and heart resulting in conviction and the head and heart resulting in connection. John Sonmez and several other authors advocates thinking about yourself as a business. In order to succeed, you need clarity, conviction and connection to effectively develop a set of filters that shapes your decision making and actions.
- Without the gut, you don’t pay attention to risk, or there is no will to act. If we believe in knowledge work and its drivers, intrinsic motivation is key. Without the heart, there is no relatedness, agile says people first , so this is a critical consideration Without the brain, the how and why of the solution are not properly worked through, therefore limiting your ability to act.
- Software is about people, people are the highest cost for software companies. We train, invest in and develop skillsets, yet these are sunk costs, according to standard accounting. If software developers are human capital, why are there no metrics and mechanisms to reflect the value in the financials?
- Without the gut, you don’t pay attention to risk, or there is no will to act. If we believe in knowledge work and its drivers, intrinsic motivation is key. Without the heart, there is no relatedness, agile says people first , so this is a critical consideration Without the brain, the how and why of the solution are not properly worked through, therefore limiting your ability to act.
- If you are in consulting, then you are the product. What is your value proposition to your current company? Understand that: price is not the same as value Value is not objective, it is relative Value is perceived. Understand the context of your environment. What does management of your company value? Are you working on software, services and or products that directly brings in revenue? If you are not, are you working on software, services and or products that creates future value? Is future value valued at your business?
- If you are in consulting, then you are the product
- There are models to explain organisational behaviour and the agency that you have in an organisation. We don’t have the time to discuss this, but you are welcome to chat to me later.
- Working in the same tech or domain for a number of years = does not increase experience or value
- Working in the same tech or domain for a number of years = does not increase experience or value
- If you are in consulting, then you are the product
- If you are in consulting, then you are the product
- If you are in consulting, then you are the product
- If you are in consulting, then you are the product
- If you are in consulting, then you are the product