Large Scale adoption of Agile is no longer a pipe dream but reality, with the recent economic crisis highlighting the need for business to be able to react to changing economic environments. Even greater pressure is applied on business from the need to meet the demands of emerging technologies and the parallel requirements to meet the constantly changing demands of the consumer, requiring always new and better.
Here there in lies the problem, constant consumer feedback is providing development teams an endless to-do list, so although being Agile is vital, for a business to exploit the benefits of being Lean or Agile it must know what to work on first, what products or features to prioritize.
What we are talking about here is leadership and design thinking and in relation to software development, a stakeholder approach designed for continual product evolution. More than this, it is dependent upon the business horizon, focused on business evolution, – primed for continual change, both quick to react and reorientate to changing market conditions.
You can’t change and then take a break – its never ending change
Its important here to highlight the difference between Agile adaption and evolution. If you are a business adapting to a market environment that is progressively shrinking, no matter the amount of Agile manouvering is going to save your business. Here, what is necessary is a sea change, a business reinvention to reorientate to a different market or in one word to evolve.
The Three Horizons Model developed by McKinsey Firm is a simple way to avoid business stagnation as they themselves describe it as a blueprint for balancing attention to and investment in current performance and opportunities for growth. The general idea is to have a plan for the:
- Short term – generating money from todays products,
- Medium term – short term gowth
- Long term – options for future growth and innovation
codeBeamer ALM software: Planning for the Future
Many companies face the challenge to develop products with great return on investment (ROI). Once you know what to do, you have to be able to efficiently do it. Whether you are using Agile, the V-model, or any kind of Lean framework, you should strive to streamline your processes, reduce costs and time to market, and still release high quality products. So what we are talking about here is balancing effectiveness (doing the right thing) against efficiency (doing the things right).
In the meantime, remember, you are not just developing software, but the PLM and Innovation lifecycles and this is the reason why advanced and fully-integrated ALM solutions such as codeBeamer ALM are necessary.
Recent additions to codeBeamer ALM have been implemented to assist with planning for the future. With codeBeamers Demand management feature you can gather your business ideas from across the enterprise, prioritize/vote and capture them into Demands. Align demands (business strategy) to execution (ALM) transforming the demand into product requirements (Requirements management).
codeBeamer ALM enables the management of your entire portfolio of software development projects – enterprise wide with Agile Portfolio Management.