7.7: 7 Review and an Exercise - Video Tutorials & Practice Problems

<v ->Hope you're excited about all the business opportunities</v> that Agility provides to companies. Now let's summarize the content of lesson seven. In this lesson, we discussed Business Agility. And specifically Agile in sales and human capital management, which is also known as Agile HR concept. We also covered budget capacity and risk management in Agile. And we covered the concept of scaling Agile at the enterprise level. And Agile scaling frameworks. As we do at the end of each lesson, I am offering you a five question quiz. I will show and read the question, and then please pause the video and write down the answer. And then restart the video. Then, I will reveal the answer for you. So let's start with question one. Why is the traditional performance review not applicable in an Agile company? Please read possible reasons, provide the answer, write the letter, pause, and unpause when you're ready. And the correct answer is: All of the above. Traditional performance review based on individuals' performance is not a good idea in an Agile company. Now, let's look at question two. What are the two major parameters influencing Agile budget management? Please read the parameters, pause your video, write the letter, and unpause it when you're ready. And the correct answer is: Stable, dedicated Agile teams and time-boxed iterations are the two major parameters that influence Agile budgets. Now, let's look at question three. Which built-in Agile mechanisms allow for transparency in risk management? Please select the right letter, write it down, and then unpause the video to proceed with the correct answer. And the correct answer is: Transparency using Kanban boards, effective prioritization through the product backlog, and daily alignments as part of the Scrum meetings. Now, let's look at question four. What does it mean to scale Agile? There are four different ways of scaling Agile, which one is most relevant? Please write the letter, pause, and then unpause the video when you are ready. And the correct answer is: Expand Agile to program, portfolio, or organizational level. We usually talk about company level, but program, which is a group of products, portfolio, which is the whole product line, or the whole organization are relevant for scaling Agile. Now, let's go to question number five. What is a Squad in the Spotify model similar to? I hope you remember where the concept came from. So is it an organization, a team, community, or a group? Please provide your answer, write the letter, pause, and unpause this video when you're ready. And the correct answer is: A Scrum team. Spotify Squad is very similar, conceptually, to a single Scrum team. I hope you got all the five questions right. Great job. And see you in lesson eight.