Agile vs. Waterfall: The Challenge for Finance

Agile-vs-Waterfall_cover.jpgIn today’s competitive business environment, new product development requires rapid response to customer needs. Feedback must be incorporated quickly so products can be delivered quickly.
Companies that rely on long-range planning processes and work on large-scale initiatives at a measured pace may be challenged by competitors with shorter time horizons, so companies are looking for more efficient product and project development processes.
Agile is one such process that can boost corporate responsiveness. The Agile methodology provides an alternative to traditional project management techniques commonly used in software development or IT initiatives. Agile helps teams respond to unpredictability or project requirement changes quickly through a series of incremental work cadences known as Sprints.