In today's business world, it's more important than ever to be Agile. That means being able to pivot quickly and efficiently in order to adapt to the ever-changing landscape. But what does being Agile really mean? And why is it so important for businesses to adopt Agile ways of working?
Agile ways-of-working are all about being responsive to change. It's about being able to move quickly and efficiently in order to seize opportunities as they arise. Gone are the days when businesses could plan out their products and services years in advance and then execute those plans slowly and methodically.
Businesses need to be able to move quickly and adapt as new opportunities or challenges present themselves.
Why Waterfall Management Hinders Your Business
One of the biggest reasons why businesses need to adopt Agile ways of working is that 100% traditional waterfall management styles are no longer effective in today’s dynamic world.
Waterfall management is all about very careful planning up front and then execution. In other words, what this means is everything is mapped out in advance and then executed to what was agreed at the beginning of your project. Most of the time the target you set at the start is outdated by the time your project ends.
Whilst this may have worked in the past, it's no longer feasible in today's fast-paced world.
Waterfall management hinders businesses in two primary ways:
Firstly, it doesn't allow for changes or adjustments to be made once the plan has been put into place.
Secondly, it often leads to projects taking longer than necessary to complete since everything needs to be done in a specific order with no room for deviation.
As a result, businesses that rely on waterfall management styles are often less flexible and adaptable than their Agile counterparts.
The Benefits of Agile Ways-of-Working
There are many benefits that businesses can reap by adopting Agile ways of working. Being Agile allows businesses to be more responsive to change. Since Agile organisations are constantly reviewing, reprioritising and adjusting their plans, they can quickly take advantage of new opportunities or make changes in response to new challenges.
This flexibility gives them a significant competitive advantage over businesses that are stuck in traditional waterfall management styles.
Agile ways of working often lead to faster project completion times since there is less need for rework or redoing tasks that have already been completed. This is because Agile organisations focus on delivering value incrementally rather than trying to complete everything all at once. In this way, they avoid many of the costly mistakes that can occur when trying to do too much at once.
The transparency that Agile ways of working offers is another benefit. Communication across your team naturally becomes easy and open. This then also assists in encouraging your team to feel more accountable to their tasks.
The Agile philosophy is key. Wholly waterfall management styles are just no longer effective in today’s fast-paced world, so it’s important for businesses to adopt Agile ways of working instead.
There are many benefits that businesses can reap by adopting an Agile approach, including increased responsiveness to change, faster project completion times, transparency and improved overall efficiency – and who doesn’t want that?
Is your business ready to embrace agility?