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Has Agile Management’s Moment Arrived?

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Has Agile Management’s Moment Arrived?

Knowledge@Wharton,

5 min read
5 take-aways
Audio & text

What's inside?

Move over, gig economy. Agile management needs its home-based workers back. 

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Editorial Rating

8

Qualities

  • Applicable
  • Overview
  • For Beginners

Recommendation

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. 

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...

About the Author

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


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