Business agility is how quick an organization can adapt to changing consumer demands and market forces. Business agility is essential for platform and product development. Failure or success in dynamic business environments is heavily dependent on business agility, since it is a key catalyst for turning decisions from being reactive to proactive. Furthermore, as products get more software driven and converged, successful organizations are those that are not only innovative, but also expand on their innovations throughout the whole organization rapidly and easily. In dynamic business environments, the enterprises that get left behind are those that have high overhead costs, high research and development costs, lengthy product planning phases and a limited ability to adapt to changes. Adapting lean-agile methodologies therefore is the way forward for most organizations.
The lean-agile mindset combines actions, beliefs and assumptions of SAFe practitioners and leaders that embrace the concept of lean thinking and agile manifesto. The underlying principles of lean and agile development approaches provide a foundation for lean-agile methodologies. By embracing change, centering on interactions and individuals, customer collaboration and capable technology, the agile methodology encourages better ways to develop software. Lean product development is an approach that focuses on the shortcomings in product development for instance lack of innovation. Businesses that adopt the lean product development approach can continuously be iterative and innovative since the approach effectively cuts high production and development costs while reducing lengthy development cycles. Through its pillars of respecting people and culture, workflow, innovation and striving to achieve relentless improvement, lean-agile methodologies bring together both approaches. Since the methodologies have achieved plenty of success in product and platform engineering, most organizations are keen on scaling them to all other departments such as marketing and sales, HR, purchasing and accounting.
When used beyond product development, lean-agile methodologies enable businesses to achieve steady, incremental changes in its internal processes, which are key to achieving efficiencies and improvements in ongoing operations. By adopting lean-agile approaches, businesses can benefit through; faster time to market, lower risks and costs associated with testing early, enhanced transparency and visibility, greater ability to handle evolving or unclear requirements and enhanced collaboration by aligning management, vendor teams and IT. Uncertainty, disruption and an omnipresent need to adapt business models are the realities that nearly all enterprises face. By adopting lean-agile approaches across multiple business operations, enterprises can allow cross functional teams to work more collaboratively, exhaust the list resources, act very quickly and deliver results with the greatest desired effect. Successfully scaling lean-agile approaches throughout the entire organization requires focusing on agile technology and its implementation, and the ability to extend it to the whole organization using capable technological platforms.
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