CFO Insights: The agile advantage – Moving transformations from unknowns to outcomes
CFOs are increasingly at the center of major transformation efforts—as sponsors, leaders, or co-leaders. These enterprise or finance transformation efforts can be complex, multi-dimensional, and subject to many unknowns.
Given these uncertainties—usually in customer, employee, supplier, and ecosystem partners' behaviors and preferences—traditional planning, user requirements specification, and development models may be too slow and fail to generate the desired outcomes from today’s transformation efforts. In response, some organizations are adopting an agile approach to executing transformation initiatives to achieve tangible and valued outcomes.
What is agile? More than a synonym for flexibility, agility is a mindset that acknowledges the future has significant unknowns and offers a set of execution practices that adapt to and resolve the unknowns, leading to tangible outcomes.
In this edition of CFO Insights, we will try to demystify agile and share some practical considerations for improving your capabilities to adopt an agile approach to transformation.
This publication was released by our US firm.