

#24 Product Operating Model inside Norway's best mobile bank | Thomas Allan Nygaard (Sparebank1)
5 snips Nov 28, 2024
Thomas Allan Nygaard, Product Leader at Sparebank 1, shares insights from Norway’s best mobile bank. He discusses the bank's transition to a daily release model, empowering small autonomous teams for faster product development. The importance of balancing user feedback and risk is highlighted, alongside the value of OKRs in aligning team goals with company objectives. Nygaard also emphasizes individual growth as crucial for team effectiveness and shares strategies for simplifying product strategy to enhance value creation.
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From 3 to 4,000 Releases
- SpareBank 1 increased releases from three times a year to daily.
- This shift resulted from customer and market demand for faster delivery.
Technical Side of Autonomy
- Technical autonomy requires underlying architectural support.
- Tightly coupled architecture creates dependencies, hindering true team autonomy.
Team Structure Evolution
- SpareBank 1 started with two teams and now has 60-70, demonstrating increased organizational reliance on team structures.
- Initially, duplicating efforts for PC and mobile versions presented challenges.