Continue with LinkedIn
Recover my Password
Submit your Tekpon Account E-mail address and you will receive an email with instructions to reset your password.

Collaborative planning platform for enterprise teams

Collaborative planning platform for enterprise teams | Patric Palm - Favro

Patric Palm is the CEO of Favro, a tool for collaborative planning and management in various industries. It’s particularly useful for portfolio-level planning and management and aims to bring agile principles to the organization. The tool can support collaboration between individual teams and external developers and be applied to marketing, HR, and sales.

Unlike other tools, Favro keeps data as one object to prevent siloed work and unite people. It’s designed for companies that want a more decentralized and autonomous team structure and culture. The tool is particularly useful for portfolio-level planning and management.

Patric addresses the challenges companies face with the current layoffs happening in the market, making them more conservative and hesitant to try new things. Some companies would like to start using Favro, but their procurement teams restrict them from buying anything due to the current situation.

The biggest hindrance to the growth of the speaker’s tool is companies becoming more traditional and conservative in their approach to purchasing new tools. While companies may be reluctant to spend money on new tools due to the optics of it after laying off people, he suggests that companies need to invest in the right tools for online work, which shapes a company’s culture.

Why they built Favro

Our guest and his two co-founders built a successful on-premises tool for large-scale industrial software development, but they saw a gap in the market for an enterprise-grade platform on the cloud that adhered to agile principles. They wanted to create highly autonomous teams aligning towards company goals, and Favro was born.

Specifically designed for companies that want a more decentralized and autonomous team structure and culture, Favro’s clients include both new game companies and established companies in the gaming industry, such as Electronic Arts.

Patric concludes by highlighting the importance of passion in entrepreneurship and advises entrepreneurs to find a narrow niche in the market in which they can excel. Being narrow and focused on a specific niche in the market can increase the chances of success because it helps to be very good with limited resources. Winning in a specific niche helps to pave the way for success in other areas. Therefore, he advises entrepreneurs to focus on being passionate and finding a narrow niche in the market that they can excel in.

Podcast Host & Guest(s)

Cristian Dina


Cristian Dina

Managing Partner & SaaS Podcast Host @ Tekpon
Tekpon Favicon

Managing Partner & SaaS Podcast Host @ Tekpon

As one of the founding members of Tekpon, Cristian has worn many hats within the company, but perhaps none shines brighter than his role as the charismatic host of the Tekpon SaaS Podcast. Cristian is a community builder at heart, being the Bucharest city leader for SaaStock Local and the author of the best-selling book King of Networking.

This website uses cookies

Cookies are small text files that can be used by websites to make a user’s experience more efficient.

The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This means that cookies which are categorized as necessary, are processed based on GDPR Art. 6 (1) (f). All other cookies, meaning those from the categories preferences and marketing, are processed based on GDPR Art. 6 (1) (a) GDPR.

You can at any time change or withdraw your consent from the Cookie Declaration on our website.

You can read more about all this at the following links.

Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.

Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

These trackers help us to measure traffic and analyze your behavior to improve our service.

These trackers help us to deliver personalized ads or marketing content to you, and to measure their performance.