AGR3.002 (The Technology of Business) WHAT IS AGILE, WHAT IS LEAN, WHAT IS AGILEAN - WILLIAM EASTMAN
All business's are founded on a few core concepts, some related to their specific technology like retail and others related to running the business. We offer 2 foundational concepts of any business - agile and lean.
It is hard to pin these two concepts down; are they philosophies, are the rules, are they technics? I am not sure which is the best description, what I do know these two rules, concepts, techniques are indispensable for starting growing, and exiting a business.
I have three objectives for today's show. First is to introduce AGILE as a tool when the end result is unknown and speed is required.
Second is to introduce LEAN as a tool when the end result is known and controlling cost is required.
The third objective is obvious - what happens when you combine these two approach's to create a hybrid - AGILEAN.
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