What Are Lean-Agile Methodologies and Why They Are Important
The speed at which an organization is able to adapt to changing consumer demands and market changes is referred to as business agility. 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. The more products become more converged and software driven, the more successful enterprises becomes dependent on not only innovation, but the ability to expand such innovations rapidly and easily throughout the entire organization. In modern times, the companies that fail to evolve are those that have high overhead costs, lengthy product planning phases, high research and development costs and a limited capability to adapt to change. Therefore, the way forward for almost all organizations is adapting lean-agile methodologies.
The lean-agile mindset is composed of actions, beliefs and assumptions of SAFe practitioners and leaders who embrace the ideas of lean thinking and the agile manifesto. Lean-agile methodologies base their foundation in the underlying principles of lean development approaches and agile development approaches. By combining certain values and principles e.g. adopting an approach centered on individuals and interactions, embracing change, customer collaboration and capable technology, agile methodology fosters better ways of developing software. Lean product development is a method of addressing the shortcomings of product development like 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. Due to the massive success achieved in product and platform engineering through the implementation of this methodologies, many organizations are keen on scaling them throughout the entire organization i.e. in all departments such as HR, marketing and sales, purchasing and accounting.
The application of lean-agile methodologies beyond product development can help businesses achieve steady changes to internal processes, key to improving ongoing operations and delivering more efficiencies. 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.