What is The Agile Organization?

The video discusses different organizational models, focusing on agile organizations. Agile organizations are characterized by their flexibility, customer-centric approach, and ability to adapt quickly to changes. They operate with minimal central control, relying on autonomous teams that make incremental progress. Agile organizations avoid the sunk cost fallacy, allowing them to pivot easily. Transitioning to an agile model is challenging but offers significant benefits, including constant learning and high transparency.

How do agile organizations approach long-term projects differently than traditional organizations?

What is the sunk cost fallacy, and how do agile organizations avoid it?

Discuss the benefits and challenges of transitioning to an agile organization.