Quincy Jordan on Cultural Debt

Published: March 1, 2019, 1 p.m.

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In this week\\u2019s episode of Agile Coaches\\u2019 Corner, Dan Neumann welcomes back a return guest \\u2014 Quincy Jordan! Quincy is a Principal Transformation Consultant and has been with AgileThought for about one year now. Previous to that, he has served as a Principal Consultant and Agile Coach at SCRUMstudy.com for over six years. Quincy\\u2019s mission is to help companies and people who are ineffective in their own mission by assisting them in transforming from what they are to what they desire to be.

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Today, they\\u2019re going to be exploring the topic of cultural debt \\u2014 which, much like financial debt, comes with the cost that it has to be paid back over time. Quincy explains, in detail, what cultural debt is, and what needs to happen to avoid it. He also gives some examples from organizations who have experienced cultural debt so you don\\u2019t have to make the same mistakes too!

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Key Takeaways

What is cultural debt?

  • If you don\\u2019t modify the culture as you roll out changes, bad habits and behaviors within the organization begin to build over time
  • Eventually, these bad behaviors that occur can ultimately negatively affect business outcomes
  • It can become a severe problem that can become difficult to unravel down the line

Some examples of cultural debt:

  • If leaders take something away from middle management without giving a replacement, communication begins to deteriorate
  • If a leader isolates themselves and does not support a collaborative culture, you won\\u2019t achieve the needed level of transparency within your team and the culture starts breaking down
  • An organization focused more on \\u201cburning hours\\u201d rather than delivering value can cause the culture to suffer and less productivity to be had

What needs to happen to avoid cultural debt:

  • The cultural change that happens at the leadership level also needs to happen at the team level
  • The leaders need to empower the teams and the teams need to take risks to be more self-directed
  • Leaders need to make sure they do not become siloed
  • Leaders need to support a collaborative culture and be a part of it also
  • Strategically build trust and transparency

A change Quincy sees at the leadership level that really helps to address cultural debt:

  • Making the shift from annual budgets to iterative investments

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Mentioned in this Episode:

Quincy Jordan

Agile Manifesto

HiPPO Culture

Gantt Chart

The Reengineering Alternative, by William E. Schneider

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Quincy Jordan\\u2019s Book Pick

The Age of Agile: How Smart Companies Are Transforming the Way Work Gets Done, by Stephen Denning

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Want to Learn More or Get in Touch?

Visit the website and catch up with all the episodes on AgileThought.com!

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