What is The Impact of Agile Methodology on Businesses?

Go agile. Companies today are switching to the fast lane of agile methodology when it comes to running the business.

Suppose you have gotten into your car and it is not working due to overheating. You have some experience fixing cars, so you immediately decide to tinkle with it a little bit, get into the car, start it and then maybe decide to do some more testing before proceeding to drive off. This is a real-life example of what being agile means. Businesses today are increasing going agile due to the fact that it is collaborative, transparent and flexible.

Agile business training gives organisations the opportunity to pivot quickly when the time comes and make swift decisions, rather than following a sequential process.

Let us first understand what Agile is? In a traditional software development set-up, the project follows a waterfall method. This means that a client will not receive the end product until the entire project is complete. Agile, on the other hand, is like a sprint. Throughout the lifecycle of the software development, there will be incremental changes which will ensure that the product goes live quicker.

Business Analyst Course with Placement are disruptive and swift and enable companies to take quick decisions along the way rather than wait till the end. Companies today in different sectors are matching the Industry 4.0 wave by leaping onto the agile methodology in their digital transformation journey.

Now, how does going agile benefit a business? While you may be under the impression that slow and steady wins the race, in the era of digital transformation, going agile gives companies the ability to access risks as and when they appear and mitigate it immediately.

It means faster to market products, more efficient teams with digital capabilities. For example, with the use of agile methodology, an Agile business analyst will be able to identify a glitch in the system and rectify it before taking it live or testing it.
Here are the top benefits of adopting an agile methodology

Identifying Problems Early On

With agile, the ability to spot problems every step of the process is much easier and faster, thereby addressing along the way and fixing it. Teams working on projects are most efficient, performance improves benefiting the company overall.

Addressing Customer Needs

Organisations are increasingly using agile to understand customer needs better and deliver faster outputs. Agile teams are more intuitive, can make swift decisions and thereby address the customer needs leading to enhanced customer experience.

Faster Feedbacks

As mentioned in the article earlier, a traditional methodology such as waterfall, takes longer to turnaround feedback, whereas in agile, feedback is faster, as there are tangible milestones throughout the delivery
Conclusion
For any business to grow today, agile is the new norm. In order to flourish in a digital era, going agile will not only help companies scale costs but also harness abundance and embrace risks.

10 Wrong Answers to Common Change Management Questions: Do You Know the Right Ones?

The ancient Greek philosopher Heraclitus once proclaimed – “Embrace Change: It is the only constant in life”, and he was not the only great who thought that. After spending years studying nature, the universe, the natural law, all the ancients known for their wisdom and invention had similar things to say. “You cannot step twice into the same river”, said Plato. “Everything flows.”, said, Aristotle.
While few of the above quotes come from a people perspective, other come from a scientific perspective. Change is the natural order of the world. And to embrace change is essential for survival. This is especially true in the modern context of the IT industry. People and processes but continually evolve and change to suit the market and consumer expectations. Only this would enable a company to survive and thrive.
All About Change Management
While change management is a critical factor for any organization, few get it right. The main concepts to learn about change management are Assessing, preparing, planning, implementing and sustaining the change.
However, for change to be effective below are also factors to consider:
How to Effectively Manage Communication of Change?
While starting to learn about change management, it is evident that communication is key. With the advent of technology, Change is often communicated via email or voice recordings. While this reaches a broader audience, it might not be as effective as a face to face discussion as the employee get an opportunity to react to the change and to register his comments on it. Communication must be personal and must convey to the employee what is at stake if he does not embrace the change and what are the advantages if he does.
How to Manage Resistance to Change?
The key factor to resistance to change must be understood. Employees who are heavily invested in the current way of doing it find it hard to accept. The employees who are resisting change must be heard out, and if required, the change proposal must be reworked to suit the needs of the company, product and employees. If there is a lesson to be learnt about change management, it is that Alignment to the new policy is mandatory.
      How to Manage disruptive technology in the marketplace?
Technology evolves rapidly. You can become obsolete at the blink of the eye unless you evolve with the market. While it is ok to respond to the changing market conditions, the important thing we must learn about change management is that companies and processes must be discovery and technology driven rather than knowledge driven.
How to manage alternate ways for the company to generate revenue?
While licensing seems good for business, business models these days offer free developer version and license only the enterprise versions. The latter is a better option as more people have the competence to embrace this software. The important thing about change management is to assess the expectation of the consumer community and to gauge the competitor’s strategy to redefine yours; else you will no longer be earning as much revenue as you did last year.
How to manage changing customer expectation?
The good thing about change management is that it requires constant input from the industry about changing needs and demands of the customer. Instead of reactively looking for solutions to problems, it is better to anticipate change and prepare for it proactively.
Constant evaluation of change
After the implementation, are the results in line with expectations of the market? Complacency cannot set in as continuous tweaks are constantly necessary to keep ahead.
How to bring about the change?
Constant R&D can bring about change management in the entire society. Often technology has brought change to the society and not vice-versa. Vision is a must for all companies.
Believe and Invest in Change
To bring everyone on board is a top-down approach which involves the entire leadership team. For it to succeed would mean working together as a team.
How to drive change?
Create a sense of urgency. An essential factor to learn about change management is the timeline. Execution on time is vital for all strategies to succeed.