The Insanely Profitable Tech Podcast
Johanna Rothman: Get Budget for Anything! Part II
Sep 13, 2024
Johanna Rothman, a management guru and prolific author, shares her expertise on project budgeting. She emphasizes the power of storytelling to secure budgets instead of conventional persuasion. The discussion covers the importance of investing in developer training to enhance software quality and customer satisfaction. Collaborative innovation is highlighted as a key to overcoming constraints, advocating for a shift from individual rewards to team-based successes. Rothman also encourages community engagement in team management, presenting valuable resources for listeners.
26:49
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Quick takeaways
- Persuading stakeholders for project budgets is more effective through compelling business stories that connect investments to tangible outcomes like defect reduction.
- Fostering innovation within resource constraints can lead to creative problem-solving, ultimately enhancing team productivity and aligning long-term project goals.
Deep dives
Justifying Budgets for Internal Tools
Justifying a separate budget for internal tools in software development requires a connection to business value. Emphasizing the potential improvements in cycle time, for instance, demonstrates how investments in tools like enhanced software environments can lead to faster production rates and fewer defects. By measuring existing defect escapes and customer complaints, one can build a compelling case for budget requests, relying on concrete examples from their systems to illustrate the risks of inadequate testing. Ultimately, highlighting the financial implications of avoiding defects can effectively persuade financial stakeholders of the importance of investing in internal development tools.
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