Summary of Has Agile Management’s Moment Arrived?

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Has Agile Management’s Moment Arrived? summary
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The gig economy offers flexible working conditions and freelance opportunities to people and provides companies with outsourcing options. What it lacks though, is the convenience of being able to turn to a teammate and thrash out an idea together. Now companies want that kind of collaboration back. As more companies outside of software development adopt the agile approach to management, they may whistle back their home-based employees to strengthen the bonds among team members and reinforce the connection between employees and the company. Knowledge@Wharton – the online business analysis journal of the Wharton School of the University of Pennsylvania – explains what agile management is, why it’s becoming popular and why it may require a complete overhaul of your organizational structure. getAbstract recommends this insightful article to agile management novices. 

In this summary, you will learn

  • Why agile principles are gaining popularity outside of software development,
  • What traits distinguish a successful agile company and
  • Why some agile companies want their home-based workers back in the office.
 

About the Author

Knowledge@Wharton is the online business analysis journal of the Wharton School of the University of Pennsylvania.

 

Summary

Agile management originated in software development but has been spreading to other fields. The agile approach enables teams to adapt continually and to respond swiftly to new information. People collaborate in transparent small teams. To avoid launching products or services that the customers don’t want, agile teams include the client in early stages of development. Agile management shifts the emphasis on shareholder value to the client. Teams work iteratively, in short cycles. Agile management values taking risks, trial and error, and learning from mistakes. Traditional planning-based approaches make assumptions about the future which often don’t hold up. Agile accepts uncertainty. Failures surface quickly, allowing teams to change direction.


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