In the current financial climate, innovation and diversification will become even more important for a company’s survival. Embracing agile throughout the organization can certainly help you gaining that market advantage.
If we just look at product delivery, agile can help you to:
· Deliver faster
· Respond to a changing market
· Increase communication and visibility
· Reduce waste
· Set a mind of continuous improvement
While the last 3 contribute to the company’s success in a less visible way, the two biggest advantages can be gained by reducing your time to market and being able to respond to a nervous market.
As technology’s pace is fast and customers need products that cover 100% of their needs, a company that is able to handle this will be able to stand tall during the upcoming storm.
Tough choices will have to be made in order to anticipate, so why not bring in the agile mindset instead of scheduling reorganization with the necessary layoffs? There are great coaches out there who can help your company transitioning to agile.
Sometimes you have to attack in order to defend, right?