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Assessments are not about where you are. They are about where you want to go. By seeing where you are and what challenges you are having a roadmap for improvement can be made more effectively.
Assessing can be done in several ways. The most popular Agile method is to see how well the company is doing from the perspective of the approach they are taking. For example, a common assessment for Scrum is the Nokia test which specifies how well teams are doing Scrum. SAFe® has its own assessments. But consider these as assessments in how well a framework is being adopted, not how well the company is delivering value. We have found that focusing on the work, not the framework, is a better approach.
Because FLEX is based on a model of flow, it can be used to see where an organization is having troubles with achieving flow; that is, performing its work with few hand-offs, turmoil, delays, and rework. Reducing these helps achieve business agility. It is more effective to attend to how work is being delayed or how extra work is being created than how well a practice is being followed. Therefore, an assessment should focus on the value stream and what is impeding it.