The business world is a massive environment with many and different important parts. One of such important parts is “Agile”. It is an approach (or methodology) used by businesses in different industries. By definition, it is an approach that promotes continuous iteration (and testing) of the development of business products and/or services throughout the lifecycle of the project.
3 Benefits of Agile Approach for Businesses
- Using agile increases employees’ autonomy and decision-making abilities, and therefore increases their engagement.
- Using agile helps businesses respond better and faster to customers’ needs.
- Using agile helps break down internal silos and take out bureaucracy, thereby making a business more efficient and effective.
These are some of the many benefits of using an agile approach in your business development. I picked these three because they help to create value for employees, customers, and the business itself.
To achieve these benefits, it is important to build supporting mechanisms (i.e. processes, structures, and behaviors) when implementing an agile approach. It is also important to have a technology platform that allows for fast iteration, measurement, and testing.