The Yin and Yang of Speed and Control
This is an experience report of the journey to adopt agile and lean principles and practices across Barclays Group (120,000 people, 40 countries, 327 years old, in the most regulated industry). We are 3 years into the firm-wide journey, This talk will share lessons that we have learnt. It will also focus on the yin and yang of Speed and Control, as this is a hard challenge in a highly regulated industry with thousands of Control professionals who are incentivised to avoid issues, not deliver at pace. On the surface, there can appear to be a conflict between speed and control.
Certainly, the traditional approach to control inhibits speed. As we are in our third year of firm-wide change in how we do what we do, we are starting to tackle the harder challenges. We are implementing at scale a radical change in how we comply to a huge amount of standards and regulation, this talk will share our learnings to date.
- Learn from our lessons, avoid mistakes we made, take shortcuts.
- How to have both speed and control in a large, old, complex, highly regulated firm
Jonathan Smart | Head of Development Services @ Barclays
Jon is leading on agile ways of working being the default approach to how we approach change, across Barclays Group, with 120,000 colleagues. Jon has 20+ years experience of taking and leading an agile approach to change in Financial Services, starting out as a developer on the trading floor. Prior to this role, Jon was leading Derivatives Technology which had a large regulatory book of work which was delivered with agile principles and practices. He and his team is the winner in the category of “Best Internal Agile Team” & “Most Valued Agile Professional (UK) (Runner Up)” at the Agile Awards 2016.