Richard Lawrence

If you’re an IT executive, which is less risky? Investing a little bit in an effective agile adoption, something that’s been proven at other companies to improve cash flow, increase productivity, and grow revenues…or…hunkering down and cutting costs, knowing that at this time when your business needs you the most you’ll be less productive than you were last year?

As the saying goes, “Cash is king.” It doesn’t matter how good your P&L or balance sheet looks or how good the business case for your project is, if you don’t have enough cash every month to pay the bills, you won’t stay in business.

With the economy tightening, then, companies are desperately trying to cut costs in order to stay cash flow positive. In IT the major cost is salary, so cutting costs means cutting people. Nobody likes that.

Fortunately, there’s a simple way to reduce expenses and increase returns on a software project: incremental releases.

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