Every investor aims for good returns on their investments. However, while returns come later, costs and investments require upfront commitments. Let’s call it “Planet X” — understanding the investor’s mindset.
To manage risks effectively, investors desire clarity on the strategy or approach to achieve their goals. This clarity involves well-articulated mental models to make logical cost decisions. When costs are properly accounted for, it ensures responsible spending.
Now, consider “Planet Y”— understanding the agile executor’s mindset. Agile teams are designed to be adaptable to change and constantly learn about the user to deliver useful products. This means that sometimes, the effort put in may not lead to the desired outcomes if experiments fail. However, the essence of agile is learning and iterating towards success.