The FLEKS Hybrid Model is an organizational management approach, which aims to support the implementation of a structure, processes, techniques and tools that allow a quick adaptation to changes in the market and environment, creating a continuous and sustainable value flow for its stakeholders, through hybridly managed initiatives.
The FLEKS model comprises four different groups to guide the organizations that will use it. The model was created to be as fleksible as possible, but it is assumed that the concepts presented in this guide must be followed to in order to provide the best results and lead teams and organizations towards success. The groups are: ORGANIZATION, VMO (Value Management Office), PRODUCTION and ROLES. Each group has its share of importance and its understanding is essential for those who intend to use the model.
The Organization Group comprises eight elements which define the existence of the actual organization within society and the context in which it stands. It is worth noting that each organization may contain other elements within this group, if necessary. We list here only those considered essential, which will be presented below.
VALUE MANAGEMENT OFFICE
A VMO is a strategic organizational structure responsible for coordinating and maintaining a continuous flow of creation and value delivery. In the FLEKS Model, the VMO is the voice and the brain of the value creation process.
The Busines Analysis is responsible for the part of the initiatives related to business and is responsible for creating a technical solution and economic feasibility for the initiatives.
The Portfolio Management is responsible for coordinating the value delivery flow of the initiatives defined by the VMO. The aim is to enable, as coherently as possible, the sequence in which the initiatives will be performed according to need, the interdependencies and the available resources.
The Project Management is responsible for planning the project’s execution and control as well as its main components. Based on the guidelines provided by the Business Analysis, the main objective is to define the best set of releases that will be part of the Project Roadmap, the Project Backlog and the Plans which will guide project development.
The product Management is responsible for developing or adapting the agreed products of the project or the continuous development of existing products (value streaming). Here the products turn into reality and the value is really created.
No business initiative is executed by just one person. Practice and experience have demonstrated the efficiency of teamwork to reach a common goal. Therefore, the FLEKS Model defines some of the roles which are considered essential for its implementation.