A company’s ability to deal with change and adapt accordingly to changing conditions will improve its competitiveness in the marketplace. Companies that struggle with slow feedback loops will find themselves caught up in trying to solve problems that have already changed or are not relevant anymore.
The agile method is increasingly referenced. Be it in software development or product management, contributing to the appearance that the waterfall is a dying method. It is beneficial to remember, however, that the two methodologies differ in their organization, approaches to projects, and levels of flexibility.