Agile is considered to be one of the best methods to smoothly solve problems and provide solutions, while mastering continuous change. It was originally an approach relevant to software development, under which requirements and solutions evolve through the collaborative effort of self-organizing and cross-functional teams and their end user. Today, Agile is widely used beyond software development, and is being applied to all parts and all types of organizations.
Here are 5 areas where incorporating Agile values and principles into your business becomes beneficial:
1. Product Testing
When you incorporate Agile values and principles to your development process, the testing starts immediately when the product requirements become available. This gives your business the benefit of adjusting for possible quality issues and gives the product team valuable insight before the product is entirely developed, which subsequently saves tremendous time and resources.
2. Pleased Customers
With Agile, the customer is actively involved, giving the product team the advantage of receiving direct feedback in regard to development, and allows adjustments to the product based on customer satisfaction. This gives a huge lead to companies in order to nurture favorable and long-standing relationships with current and potential customers.
3. Risk Evaluation
When you incorporate Agile values and principles into your business functions, you have the advantage of predicting crucial obstacles and making modifications when needed. This is extremely helpful for the product team as they are able to identify any weaknesses and evaluate potential risk during the development process, as minor Agile incremental releases come to their attention.
4. Stakeholder Interests
Another advantage of applying the Agile philosophy is the active participation of all the team members, regardless of their stakeholder interest, in the ultimate success of the project. It incentivizes the product team, the project manager and the client to be more engaged in the project and ultimately achieve an outcome that meets their expectations.
5. Higher Revenue Generation
Agile practices allow for the product to be available for sale quickly avoiding unnecessary costs, while generating higher revenue. Since Agile helps businesses make adjustments as they develop the project, there is a lot of time saved, constant involvement of all departments, faster delivery, increased value, and consequently, customer satisfaction.
