Agility is mainly a defensive strategy against your own ignorance. It’s about dealing with the costs of previous decisions by either failing fast and thereby learning quickly, and/or by lowering the costs of adjustments and re-working them when you learn that what you had built or deployed at first is not quite right. This includes creating an environment and office culture where that is OK and expected, as long as you also learn quickly. In contrast, to maximise efficiency, a more offensive strategy would need to be used when you are confident you have enough information to act quickly in order to maximise your advantage over competitors. These defensive and offensive strategies can look similar in practice, but in reality, the rationale is quite different.
That’s something to ponder.
Original source: Simulating Agile Strategies with the Lazy Stopping Model