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From features to outcomes: How product teams can deliver real business value

Articulating business value for software products has become increasingly critical for organizations seeking differentiation in a crowded market. By centering engagements around clearly defined business value, teams can achieve:

 

 

  1. Features delivered that align with business outcomes

  2. A clear path to secure future funding

  3. A purpose-driven and motivated team

 

 

We have experienced these benefits in our approach towards outcome-driven development and in this article, we share our approach to discovering and articulating business value and the practical insights gained along the way.

 

Discovering and articulating business value

 

    1. DISCOVER

 

The foundation of outcome-driven development lies in identifying the business outcomes that truly matter. This phase focuses on uncovering and defining the key goals that drive alignment across teams and stakeholders. Based on our experience, the following steps form a reliable and repeatable sequence for starting this process:

 

  • Conducting visioning exercises: Begin with a concise elevator pitch exercise to clarify the overarching purpose of the product or initiative. This allows business and product leaders to align on what success looks like from the outset and ensures the team remains focused on delivering outcomes that resonate with strategic objectives.

  • Identifying key metrics: Use creative, thought-provoking techniques such as the "Letter to a Mentor" exercise, where stakeholders articulate the outcomes they’d proudly share with a trusted mentor a year from now. This helps unearth measurable goals that reflect the broader aspirations of the business and sets the stage for prioritizing high-impact areas.

  • Refining metrics: Translate these high-level aspirations into specific, actionable and measurable metrics. For example, rather than targeting "improved customer engagement," aim for metrics like "10% increase in active users within six months." This refinement ensures clarity, accountability and the ability to track meaningful progress.

  • Planning milestones: Introduce structure by creating 30-60-90 day plans that break down long-term goals into manageable increments. These milestones provide clarity on near-term priorities, offer a tangible sense of progress, and create opportunities for quick wins that build momentum across teams and stakeholders.

  • Stakeholder reviews: Establish a feedback loop with key stakeholders to validate and refine the defined outcomes continuously. Collaborative reviews help ensure alignment, uncover blind spots, and reinforce buy-in, creating a shared commitment to achieving the business value.

Articulating value at portfolio level

 

While this blog post focuses on value articulation at the product level it's worth exploring how the same principles can work at the portfolio level. Frameworks like the Lean Value Tree and opportunity Solution Tree help connect product investments to larger business priorities in a clear, structured way. By linking business objectives to product outcomes and initiatives, teams can maintain a direct connection between high-level goals and on-the-ground execution. Similarly, the EDGE operating model ensures that portfolio strategies stay aligned with delivery efforts, reinforcing business value at every level of the organization. 

     2. ALIGN

        

To maximize the impact of product development, we need to ensure that every effort is aligned with desired business outcomes. This phase focuses on translating strategic goals into actionable work while maintaining alignment throughout the development process. Here's how:

  • Validating backlog items against business outcomes: Each item in the backlog must be tied directly to one or more business outcomes to ensure relevance and impact. This validation process acts as a litmus test for prioritization — discarding features that don’t contribute to measurable outcomes and spotlighting those that do. 

  • Guiding prioritization (MVP) conversations to ensure alignment with business outcomes: Prioritization must be driven by a clear understanding of the value each feature delivers. Use business outcomes as a north star during MVP discussions, ensuring the minimal viable product delivers maximum strategic impact. 

 

Tip💡: Creating a story value map can help uncover the activities and features that have the maximum impact.

 

  3. REINFORCE    

 

To drive meaningful impact, team leaders must keep daily execution aligned with broader business goals. Below are key tweaks to agile ceremonies that help embed and reinforce business outcomes.

 

  • Story maps: Explicitly tie customer journey stages to business outcomes, ensuring teams understand how features drive strategic goals. Reinforce this alignment by continuously referencing the business impact when refining priorities.

  • User stories: Embed business goals directly into user stories, clearly articulating the expected outcomes. Encourage teams to discuss the "why" behind each story to maintain focus on results rather than just deliverables.

  • Sprint planning: Start with a brief recap of key business outcomes, using them as a guide to prioritize high-value work. Ensure discussions emphasize how planned tasks contribute to measurable progress.

  • Demos: Frame demos around business impact by linking completed work to key outcomes. Encourage teams to narrate how each feature moves the organization closer to its strategic goals.

  • Quarterly planning: Anchor planning discussions in business outcomes, ensuring teams and leadership continuously assess and recalibrate priorities to maximize value delivery.

 

We also recommend using creative visuals to communicate with clarity and simplicity. Below are a few examples from product engagements/lifecycles where teams have typically faced challenges in articulating delivered value.

 

Key Insights

 

Through our experiences of discovering, refining, reinforcing and then meaningfully visualizing business value we have learnt some key lessons that are offered below:

 

Focus on the business. Product development teams are inevitably going to have to demonstrate how they are delivering value. For that reason, metrics need to be focussed on delivering the key business outcomes rather than (often outdated) delivery metrics.

 

Make business outcomes integral to all team conversations. If there is a key takeaway from this article then it’s that the value of outcome-driven development comes from all team members understanding how their work impacts the business outcomes that matter.

 

Reduce uncertainty, not ambition. Defining metrics and assigning specific targets can be a daunting task for teams, especially ones that haven’t engaged that muscle. Therefore, we recommend a focus on reducing unknowns and uncertainty through logical assumptions, versus aiming for accuracy.

 

Embedding business value in every conversation

 

Outcome-driven development transforms product teams into strategic partners by aligning efforts with measurable business outcomes. Success lies in embedding business value into every conversation and deliverable, focusing on progress over perfection. By solving real problems and unlocking growth, software developers don’t just build products — they create lasting business impact.



Disclaimer: The statements and opinions expressed in this article are those of the author(s) and do not necessarily reflect the positions of Thoughtworks.

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