The Value Flywheel Effect: Power the Future and Accelerate Your Organization to the Modern Cloud

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On the other hand, the decision not to renew the team’s coach’s contract (Phil Jackson) in 1998, as well as the clearing out (via retirement and trades) of at least four first-team players, slowed the team’s “flywheel” and introduced a “doom loop” that made every action taken to rebuild the team from that point result in incrementally worsening the team’s quality. David Anderson: So in the past… I mean just thinking, Mark, Michael, and I have been thinking about this for many, many years. We believe serverless-first represents an evolution into a new way of working, that most companies will start using the cloud technology to reduce their time to value and really drive business results. I have previously worked as Reliability Manager in Reliance Industries Limited at the Jamnagar Complex, the world's largest refining hub.

Flywheel Effect: Positive Feedback Loops - Eric Jorgenson Flywheel Effect: Positive Feedback Loops - Eric Jorgenson

From the chicken’s point of view, cracking the egg is simply one more step in a long chain of steps leading up to that moment—a big step, to be sure, but hardly the radical, single-step transformation it looks like to those watching from outside the egg. And yet, too many organizations are frozen in the initial phases of nerves and uncertainty, content to remain still instead of pushing to move forward.We built the momentum that eventually shot us into the forefront of technological innovation and excellence and drove huge business growth. It’s a phrase from Jim Collins’ book Good to Great, but it is a very accurate description of what we are observing. So when you take that next step, any platform you need will need those enhanced audio and visual skills to give that content polish. So we really think serverless-first is a game-changer for helping you move rapidly in the right way and the sustainable way.

The Flywheel Effect Jim Collins - Concepts - The Flywheel Effect

That’s the reason why environment for success is one of the key elements that underpins the entire Value Flywheel. Using Wardley Mapping and other sense-making approaches, The Value Flywheel Effect helps organizations anticipate market changes and user needs. We’ve seen too many times where teams hadn’t had this clarity of purpose and they can’t really articulate the thing that they’re working on, how it makes a difference to their overall business. Serverless First is using a serverless first mindset to move things quickly from the next best action into the long term value zone. Suddenly we can focus on the larger experience of gliding through a beautiful forest or tree-lined street.The ideas in The Value Flywheel Effect amount to a kind of ‘survival handbook’ for the next decade or two.

Serverless architecture case study - The Serverless Edge

The flywheel gets its energy through feedback and ideas from both product and technology, so getting moving is critical. Good architecture is often hard to define and measure; therefore, efficiency can be a strong measure here.The most basic and old-school competitive advantage— the bigger you get, the cheaper you can produce things and the more available your product is. This next best action must have the goal of turning small wins into lasting, long-term value (the fourth phase of the Value Flywheel) to ensure that your organization creates a sustainable practice early instead of building quickly but badly, creating further complications down the line.