The pace of change in the current business world is so fast that agility becomes one of the most important attributes for an organization. As you may be aware, agile development is a common term in the IT industry. It is an approach towards project management where development iterations are made throughout the life-cycle of the project. In other words, applications are developed, released, and improved through regular adaptation to feedback and evolving trends.
More and more companies are adopting the agile methodology instead of the traditional waterfall method, which was failing too often. The reason is simple – it allows for flexibility. No step is final. You can factor in the evolving needs of your client.
This same need for agility can be extrapolated to your business in general. As you scale, you should be able to accommodate the changing business requirements, get new operations up and running in a short time frame, ramp up on demand. Basically, be well equipped to handle change.
In this blog post, we will list ways in which being agile can help you – both in terms of project management and ramping up when the need arises.
Agile Project Management
Agile development methods set down a lightweight framework to help teams keep their focus on rapid delivery of projects and maximize business value for clients. A process of continual planning and feedback is the cornerstone of agile development. Due to this interaction, teams can continually align the software to be delivered with the desired business needs.
Use a short feedback loop and rapid adaptation cycle: Agile development allows teams to have a short feedback loop and also a rapid adaptation cycle. A common characteristic is the daily scrum, wherein team members get a chance to report to each other about what was done in the previous day and what is intended to be done today.
This daily feedback session highlights any roadblocks that may crop up and helps nip them in the bud. The result is a better quality deliverable at every iteration. It also helps business stakeholders to see their vision coming into being and provide feedback at every step of the way.
Better Risk Management:
Agile development principles suggest carrying out small and incremental releases of software. This increases visibility to the actual product owner as well as the product team. Any potential problems are identified at the earliest. Necessary decisions are facilitated, and changes in development processes can be carried out at an early stage. Doing so helps make a difference to the outcome and assists in managing risks in a better way.
Help business to have a “speed-to-market” approach: Studies have found out that around 80% market leaders followed a philosophy of being the ‘first to market.’ They did not become market leaders by constantly developing internally. Agile development helps businesses have a “speed-to-market” approach, incorporating early releases of products, incremental updates and regular beta releases for gathering feedback to continually improve on.
Finding Right Resources Quickly & Ramping Up On Demand
Front loading your project teams without sufficient projects in hand is not a good idea. After all, in today’s day and age, it is better to be prudent and cut down your overhead costs.
Follow nimble staff augmentation practices: Have a well-defined HR practice to carry out nimble staff augmentation and just-in-time hiring to develop a leaner and meaner business. Consider using contract staff to meet your project requirements when your project pipeline is not sufficiently healthy. Doing so will not only keep your overheads down, it is also a great way to ensure you don’t have to announce layoffs and job cuts in desperate times which are always bad for staff morale.
In case a new project comes in, you can quickly increase your resources and skill sets without worrying about the infrastructure setup, management activities, hiring procedures etc. As the staff is added to an already working setup therefore the basic infrastructure and working protocol is already in effect, hence no need to revise or formulate the whole strategy from scratch. Just a few modifications and additions will complete the absorption procedure of the newly hired staff.
Better utilization of resources in an onsite-offshore model: Using agile methodology and nimble staff augmentation is an excellent practice for the onsite-offshore model of delivery of projects in a global scenario. A lot of times software organizations prefer to keep a skeleton staff onsite who are mainly used for sales and marketing purposes, with a few project managers for the handholding of business owners.
When a project does come in, it is not that easy for the organization to ramp up their resource hiring quickly. In such circumstances, the best way to ensure smooth functioning of the project is to carry out recruitment (either permanent or contract depending upon the project needs) at the offshore location. This will help meet the resource requirements at the backend while maintaining a lean company set up onsite.
How can Sourceedge Help?
Sourcedge offers expert consulting and IT staff augmentation services to enterprises and organizations requiring additional manpower and skill sets for their projects. If your existing resources are already occupied, we can help you find skilled talent for short-term durations across IT roles. We offer an extensive set of staffing solutions to meet unpredictable demands.
Contact us today for a no-obligation session with our expert consultants to help you choose an agile development team.