avatarAnthony Mersino

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2023

Abstract

overy system delivers a seamless user design with the high accessibility users have come to expect. If a user forgets their password on Mogul, they go through a familiar front-end experience similar to resetting an email or social media password. They click on a ‘Forgot Password’ button, a link is sent, they receive an email, click the link, and the password is reset. However, on the back-end, Mogul built a smart wallet system using smart contracts for decentralized wallet recoverability. When users reset a wallet, they actually create a new authentication wallet that is programmed to have the capabilities of interacting with the smart wallet. Yet, on the front-end to the user, it looks like a simple password reset.</p><ul><li><b>Manual Transaction Signatures Eliminated:</b></li></ul><p id="f765">Users can send free and frictionless transactions within the platform without manual signatures. When you use other DeFi wallets, you generally have to interact with a Web 3 interface to manually confirm a transaction and pay a costly gas fee, especially as the network congests. For example, with Metamask and Web3, a user needs to give permissions to access their wallet and then the user needs to confirm the transaction:</p><figure id="5453"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*2Mf9SQSXGWdh9ndV"><figcaption></figcaption></figure><p id="333b">This process would need to happen for each action on Mogul. Not everyone who could benefit from Mogul’s technology is able to understand the nuances involved in a blockchain transaction, so Mogul offers sponsored, frictionless in-platform actions.</p><p id="5ebc">While other wallets require tech-savviness just to maneuver around, Mogul has re-engineered an incredibly complex system in a very simple way.</p><h1 id="8d0a">Smart Wallet Recovery Done Right</h1><figure id="ec20"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*DL3FUoeScVR5WMIa"><figcaption></figcaption></figure><p id="c212">Our wallet recovery process u

Options

ses the Mogul Guardian by default, which allows for safe and secure decentralized recoverability. This system provides a user with a new authentication wallet through a standard password reset flow.</p><p id="4c95">The system delivers a new authentication wallet to communicate with user funds.</p><p id="c638">A Mogul user can choose between using the default Mogul Guardian system, or reset their guardian(s) to their preference where more than one Guardian can be chosen. Guardians could be friends, hardware wallets, or a mixture of both. Thus, users can create a multi-channel authentication system for decentralized password and key recovery.</p><p id="c957">For example, if a user doesn’t want to use the Mogul Guardian, that user can designate Tracy (or Tracy, Bob, and Alice) as the guardian(s) and thereby make them the only entity that can change the authentication wallet, requiring their wallet’s permissions to do so.</p><p id="732c">The film industry can benefit from the Mogul Smart Wallet because it is easy-to-use and does not require the tech know-how that was asked from previous generations of blockchain wallets.</p><p id="a531">Mogul removes major points of friction to deliver a seamless end-user experience that makes using blockchain technology feel as natural as using the Internet when browsing the web.</p><p id="eaf7">We are always listening to our users. We welcome suggestions and feedback through our <a href="https://mogulproductions.com/contact">contact page</a>.</p><p id="c69c"><b>ABOUT MOGUL PRODUCTIONS (MOGUL)</b> <i>Mogul Productions, established 2019, is a blockchain-based film financier and production company with a presence in Canada, the United States of America and Europe.</i></p><p id="ed5a"><i>The Mogul platform connects contributors, film industry professionals and fans through technology that allows all users to engage and participate with each project throughout theirs entire lifecycle, from financing through to production and distribution.</i></p></article></body>

How to Establish High-Performing Agile Teams

Learn 4 specific conditions you can create to encourage high performing agile teams; dedicated teams, transparency, and team dynamics. Co-location optional.

Establishing High Performing Agile Teams

There are some specific actions that you can take now to establish high performing agile teams. In my previous post on High Performing Teams, I shared a framework for team maturity from the Jon Katzenbach book, The Wisdom of Teams.

That post outlined 5 levels of team maturity and performance, with High-Performance Team at the top of the list.

The teams in the high-performance category shared a number of traits including a focus on performance, diversity, accountability, and team members’ investment in each other.

Can Agile Leaders grow high performing teams? I say YES! More precisely I would say that leaders can create the conditions that are favorable to high performing teams. Here are some specific steps that coaches, Scrum Masters, and Agile leaders can take:

1. Get Dedicated Team Members

Dedicated team members are fully dedicated to one team and one initiative. Team members that are dedicated to just one team are much more likely to be committed to the team goals which will lead to higher performance.

People can’t serve two masters — we don’t multi-task well and context switching slows us down and lowers our productivity. Jimmy may be an excellent individual contributor, but if he is only giving 25% or 50% of his time to the team, it’s not going to lead to high-performance.

There is a point of diminishing returns where it takes more effort to carry a team member than what the individual actually contributes to the team. Plus, Jimmy will invariably be busy with his other projects when you really need him.

What I often hear when I request dedicated team members is that we don’t have enough people to dedicate to teams. When I suggest fewer teams, I am told that the organization has to keep all the projects or initiatives going at the same time.

If I suggest that they work on one project at a time to reduce context switching and multitasking, they assure me that they have to keep all the projects going at the same time.

It is a form of insanity to keep starting projects, assigning and re-assigning the same people to the new projects, and expecting to get more projects completed. One Agile expert compares this to shoving more paper into a printer to get it to print faster.

Fight for dedicated team members. Keep them together through the forming-storming-norming-performance stages so that the stage is set for high-performance.

2. Ensure Transparency of Tasks and Progress

As a leader, I can encourage high-performance by making everything highly visible. This includes the overall goals of the team progress toward them.

We create big visible information radiators that show who is working on what, where team members are blocked or need help, team velocity, hours remaining or whatever else makes sense and helps the team.

I personally have a strong preference for physical items over electronic tools like Jira or TFS; the physical artifacts are always on and accessible and they provide far richer communications. (If you are using an online tool because your team is not in the same room, go back and read item 1.)

This month I had the privilege of launching a new Scrum Team at a large financial services firm. We insisted on a co-located team who were 100% dedicated.

We set up a large physical taskboard, created burn-down charts, and hung the team values and quality statements on the walls. The team is thriving and loving it.

3. Focus on Team Process and Dynamics

The first 3 items above are related to the configuration of the team. I think it is also essential to attend to the interpersonal dynamics of team members as well. We can take steps to accelerate team forming, storming and norming.

We can support the team to create a team values or norms statement. We can help them see the processes and interpersonal dynamics that are playing out and encourage healthy engagement among team members.

Paying attention to these factors accelerates the development of the team and helps to avoid or overcome the most common team dysfunctions mentioned in my last post:

1. Absence of Trust 2. Fear of Conflict 3. Lack of Commitment 4. Avoidance of Accountability 5. Inattention to results

4. Co-Locate Your Team in One Room

The guidance for high-performance teams is to put them together in one room. That was prior to the pandemic of early 2020.

The reason for this is that we’ve seen enough teams that are co-located and others that are distributed to know firsthand that it makes a big difference in team culture and performance.

Plus a University of Michigan study showed that team performance increased 100% when team members working in the same building were moved into the same room.

That is why when the shit hits the fan, most organizations would set up a war room to get everyone together, improve communications and focus and tackle the task at hand. So if your intention is to create the conditions for high-performance, create a space where they can all work together. That works great unless you are having a pandemic.

Summary

So those are my thoughts about creating the conditions for high performance. What do you think? How do you create the conditions for high-performance?

I welcome your thoughts!

⭐️Thank you for reading. If you enjoyed this article, feel free to hit that clap button 👏 to help others find it.

Let’s connect on Twitter or find me professionally in Linkedin.

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Anthony Mersino is the founder of Vitality Chicago, an Agile Training and Coaching firm devoted to helping Teams THRIVE and Organizations TRANSFORM. He is also the author of two books, Agile Project Management, and Emotional Intelligence for Project Managers.

If you enjoyed this post, you might be interested in the following:

High Performance
High Performance Team
Agile Teams
Scrum Team
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