What is The Impact of Agile Methodology on Businesses?

November 28, 2018
Agile

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.

Agile Business courses 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.

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