Ecommerce has gradually taken over the world of retail through its convenient methods. The era of brick and mortar market giants has gradually come to an end as we bid adios to a long time retail brands due to bankruptcy and closure.
Iconic companies like Toys 'R'Us, with six decades in business, is forced to close its outlets in the United States and opt for liquidation. But does that mean business itself is wrapping up in the industry?
Of course not!
Work from home has been continuously up for debate and discussion since the pandemic locked everyone down within the confines of their homes. It has inevitably become a part of everyday life and is expected to remain in practice for the next few months due to the constant threat of COVID-19 looming around our necks like an aimless sword.
While working from home has helped a vast majority of the global working population to keep the bread on the table, it has also messed up the work-life balance to the extent that people are no longer working from home, but are living at work.
There is no denial in the fact that the pandemic has been hard on hundreds of thousands of people in every geographical location where the pathogens of COVID-19 were found. But what is even more frightening is the fact that to keep the jobs, people had to succumb to the unrealistic expectations of their bosses.
As the world moves on from the traditional ways, a lot has been written about Agile Portfolio Management. In the past decade, many organizations have adopted this efficient approach to portfolio management, yet a few fundamental problems restrict it from becoming the dominant approach.
Agile Portfolio Management ensures that your company provides the best value to clients for the investment. In its simplest form, it is all about enabling a business to respond rapidly to the changing market condition and improving continuously.
Continuous improvement is a method which makes sure that your processes, practices, and methods are efficient and effective by continuously updating systems according to new and efficient technologies. Typically, it is also the process of analyzing the efficiency of business workflows.
With regard to agile portfolio management, continuous improvement is one of the core principles of the agile manifesto. So, let's try to understand why it is essential to leverage agile management.