What Are Lean-Agile Methodologies and Why They Are Important
Business agility refers to how quick an organization is able to adapt to consumer demands and market changes. Business agility is pivotal for platform and product development. In dynamic business environments, business agility, a key catalyst of turning decisions from reactive to proactive, could mean the difference between failing or succeeding. Due to products becoming more converged and software driven, the most successful organizations therefore become those that are not only innovative, but can also expand their innovations rapidly and with relative ease throughout the entire organization. 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. Agile methodology fosters better ways of developing software by combining values and principles such as adopting an approach centered on individuals and interactions, customer collaboration, embracing change and capable technology. 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. Lean-agile approaches are very advantageous to businesses, since they can help them; reduce the risks and costs associated with testing early, accelerate their time to market, improve their ability to address evolving requirements and achieve better 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 choosing to adopt a lean-agile approach, businesses can allow cross functional teams to work more collaboratively, act much quicker, exhaust the list resources while delivering results with the greatest effect. To successfully scale lean-agile, enterprises should focus on implementing agile technology and extending such applications throughout the entire organization through capable technological platforms.