With the application of the Agile Project Management methodology, Agile and Lean become complementary in product development to create new products and services with adaptive teams working with a hybrid approach to designing, testing and refining concepts to translate them into successful products, reducing costs and time to market.
For a company with multiple products and multiple markets, with multiple projects to be carried out at the same time, having a “day-to-day” management system, enabling project teams to cope with the high variability of work, is not enough. There is a need for a structured approach such as Lean, which, with its standardisation of tools, processes and systems, makes it possible to always keep an eye on business needs.
The role of Agile becomes crucial in the transition from a functional organisation to a project-based organisation. It is at this time of transition that the company, faced with the need to become faster, adopts an agile methodology. This can be a great support for any organisation facing phases of change or major discontinuity.
Teams deliver projects incrementally and ensure faster time-to-market.
Incremental release reduces the cost of delay and increases business value.
Improved employee involvement promotes job satisfaction through sustainable pace and self-organisation. This helps to provide high quality products.
Self-organisation enables and empowers the team to decide on a delivery approach
Innovation should be designed with this in mind, with adaptability and flexibility, considering that while creating and developing new products and services, companies and the market are already moving forward.