Bain & Company October 15, 2021
Leading companies will maintain Agile ways of working and sustain their speed to market well beyond the crisis.
When Covid-19 began its devastating spread around the globe in January 2020, healthcare companies were nothing short of miracle workers. Many rapidly pivoted, pushing aside multiyear development initiatives and other high-priority projects to focus on battling the pandemic. One company, an exemplar in the field of diagnostics, set out to produce a test that could detect SARS-CoV-2 and had a working product within three weeks. Less than two months later, the test was available for lab customers—a world-class time to market in diagnostics.
How did they do it? In a word: Agile. But it wasn’t always this way. Prior to the pandemic,...