Act Fast! Or You Are Guilt of "Decision Latency"
Just recently bumped into the concept of "decision latency", which Agile is built to combat when used correctly...
First, a rough definition: The longer you take to respond to new data, business events, the less value there is in your response.
Fast feedback loops, short work increments and regular inspection and adaption help keep decision latency to a minimum with Agile done well.
Here's more info on the concept...
https://ukcampaign4change.com/2012/03/07/why-prompt-decision-making-is-critical-to-the-success-of-it-projects/
First, a rough definition: The longer you take to respond to new data, business events, the less value there is in your response.
Fast feedback loops, short work increments and regular inspection and adaption help keep decision latency to a minimum with Agile done well.
Here's more info on the concept...
https://ukcampaign4change.com/2012/03/07/why-prompt-decision-making-is-critical-to-the-success-of-it-projects/
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