Moving Fast is Product Management
David O'Malley, Product Innovation and Digital Transformation leader at General Electric, shares how he helped teams across GE shift from analog to digital and adopt modern product management best practices.
When asked about agile companies, few people would think of the world’s largest producer of aircraft engines. But as the 18th largest company in the world, General Electric (GE) has been transforming itself by adopting digital technology and modern product management best practices.
David O’Malley has helped lead this transformation across the company.
David says that getting started was the hardest part. This was because executives at GE, a very finance-driven organization, wanted evidence that this new approach would work within GE, which was of course impossible, because they hadn’t tried yet. Fortunately, David did find executives who were willing to take a chance on this new approach.
Even though there was buy-in at the executive level to adopt digital technologies, the main hurdle that was preventing them from doing so was that teams were simply not moving fast enough. David realized that he needed to cut down bureaucracy and empower teams to build great products. He did so by running accelerators that included coaching and a product management framework that put the user at the center of development.
David helped teams increase velocity by over 300%, but his goal was not simply to get more work done faster. He also helped teams work smarter.
During the accelerators, David limited teams to working eight hours per day. He says that product teams shouldn’t rely on “heroics” but should instead focus on sustainable practices in which people have ample opportunity to adapt to the challenges around them.
This video provides an inside look of an actual sprint at GE:
You’ll learn a lot from this episode about digital transformation and how to move faster in large organizations.
Here are the highlights:
- David describes the first steps he took to transform GE (6:06)
- How David ensures that people don’t return to business as usual after the sprints end (10:05)
- How limiting the work day to eight hours increased productivity (14:37)
- How GE budgets for digital innovation projects (18:52)
- David discusses the most significant challenges he faced during this transformation and what most contributed to his success (22:30)