Regulated Industries—Is Agility Even Possible?
Agile ways of working are thought by many to be incompatible with the realities of highly regulated industries. Financial services, insurance, healthcare and governmental organizations often are those which could see the most benefits from greater efficiency, transparency, and customer-value focus. However, due to real and perceived constraints of compliance, auditing, validation and related issues, traditional waterfall approaches are the de-facto default for these industries' product development and project management, with the traditional challenges with these traditional methods. Is there a way for agile ways of working to coexist effectively within highly regulated industries? John Halberstadt not only believes that agility is possible, but he's assisted a variety of organizations to introduce agility into their regulated environments, and is pleased to have an opportunity to share some of those learnings with the broader community.