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Establishing FinOps Culture

Definition

The word “Kuleana” is Hawaiian for “Responsibility”. Kuleana encourages us to be accountable for all that we do and is the “ability to respond” to whatever is happening.

With this in mind, this capability is about creating a movement to establish cultures of accountability so that your organization understands the practice of cloud cost management is really about leveraging FinOps to accelerate the creation of business value.

An organization’s FinOps culture embraces a long term roadmap of transformation and continuous improvement across all the FinOps Domains at each stage of FinOps Maturity.

Maturity Assessment

WHERE ARE ORGANIZATIONS IN TERMS OF MATURITY

Crawl

61.8%

Walk

24.9%

Run

13.3%

To establish a FinOps culture, respondents operating at FinOps Walk and Run maturity had leadership buy-in along with implementing multiple other initiatives, like FinOps clear governance policies and alignment with existing adjacent frameworks


Crawl

Walk

Run


Functional Activity

As someone in a FinOps Practitioner role, I will…

As someone in a Business/Product role, I will…

As someone in a Finance role, I will…

As someone in a Procurement role, I will…

As someone in an Engineering/Operations role, I will…

As someone in an Executive role, I will…

 

Measure(s) of Success & KPI

Measures of success are represented in the context of cloud costs and may include one or more key performance indicators ( KPI ), describe objectives with key results ( OKR ), and declare thresholds defining outliers or acceptable variance from forecasted trends.

Inputs

the information used that contributes to the measure(s) of success listed above; information here may include specific datasources, reports or any relevant input

Get Involved

Get involved and contribute to the community by sharing your real world experiences related to this Capability in the form of a story or providing a playbook for how you have implemented best practices in your organization. Your real world experiences can be provided in the context of:

Join the conversation about this Capability in Slack . You can submit stories, how-tos and suggest improvements using one of the options for contributing here.

Related Domains

Featured Resources

FinOpsPod, episode 01 Deana Solis - Building Trust & FinOps Culture

FinOpsPod, episode 01 Deana Solis - Building Trust & FinOps Culture

A Guide to Gamification for FinOps

A Guide to Gamification for FinOps

U.S. Public Sector FinOps Playbook

U.S. Public Sector FinOps Playbook

FinOps Assessment Guide

FinOps Assessment Guide

Adopting FinOps - Getting Started

Adopting FinOps - Getting Started

Capability Assets