YDS: Should We Track Business Value as We Would Velocity?

Todd and Ryan discuss tracking business value as a metric similar to velocity. They believe that measuring business value is essential for understanding the success of products and that evidence-based management is a good approach. They also suggest that metrics such as cycle time, throughput, and item age may be more beneficial than velocity. They caution against using perceived business value, the perceived value of a product backlog item, instead of validated business value, which is the actual value delivered to customers. Todd and Ryan suggest that product owners should strive to measure validated business value and that evidence-based management can help in this respect. ⏩ Join Ryan and Todd for a Scrum.org course: https://buytickets.at/agileforhumansllc Todd and Ryan also co-authored a book - Fixing Your Scrum: Practical Solutions to Common Scrum Problems. 👉 Buy Fixing Your Scrum at Amazon: https://amzn.to/3BMvkcX ✅Subscribe to our Channel to learn more about Agile, Scrum, and Kanban: https://www.youtube.com/agileforhumans?sub_confirmation=1 For more information about Agile for Humans, visit: Community: https://community.agileforhumans.com Facebook: https://www.facebook.com/agileforhumans Twitter: https://twitter.com/agileforhumans  LinkedIn: https://www.linkedin.com/company/agile-for-humans-llc  Website: https://www.agileforhumans.com #facilitation #facilitationskills #ScrumMaster #ScrumMasterTraining #Scrum #ScrumFramework #HowToBecomeAScrumMaster #ScrumMasterCertification #AgileForHumans #FreeScrumMasterCourse #FreeScrumTraining See omny.fm/listener for privacy information. Learn more about your ad choices. Visit megaphone.fm/adchoices