I have had the joy of working in many different teams in my Business Intelligence career. From Finance, IT, support, Software Development, and Sales. In each area, the successful teams have all been practicing the Agile manifesto, even if they didn't call it that.
So what is Agile? It’s a Manifesto created by some software developers who have years of success implementing successful projects.
1. Individuals and interactions over processes and tools
2. Working software over comprehensive documentation
3. Customer collaboration over contract negotiation
4. Responding to change over following a plan
Individuals and interactions over processes and tools
Collaboration, real human collaboration. Finance teams who fail are locked to their desk. They spend little to no time working with the others in the business. They don’t understand the human issues their clients, the business, has in detail that means they can do their job properly.
Finance teams who succeed work with the business. They interact often, and they talk to at least three people about what those people are doing – every day. Chasing expenses don't count. But that’s a waste of time I hear you say. I bet it saves you time.
Try it out for one week. Talk to 3 different people for at least 10 minutes per day about them. Ask them, “What’s the best part of your job?”, “What’s the worst part of your job?” And "How can I help you better?” Listen to each answer, don’t get defensive, repeat what they said in your words, so they know you understand.
Watch this space for your next installment of Agile for finance teams.