The Benefits of Agile Transformation at Barclays Bank (Use Case)

It’s #transformationtuesdays once again and today we’re talking about Agile Transformation in one of the most regulated industries in the world – banking.

Here you’ll see some use cases talking about how Barclays Bank went Agile, and by doing so, achieved benefits such as:

• A 300% increase in throughput
• 50% reducuction in code complexity
• Less production incidents
• Shorter deployment cycles (every 0-4 weeks)
• Happier teams

Read on to see what Barclays has done to address some of the challenges.

These use cases talk about what Barclays Bank has done to:

• Redesign the workplace to make it more collaborative
• Provide extensive training, support, and Agile coaching
• Implement Lean across the end-to-end value stream including busineds, technology, operations, and all supporting functions
• And most importantly, how they got through the hurdle of having unique teams implement the same framework

As Jonathan Smart who was Head of Development Services at Barclays at the time said:

“We are not doing agile for agile’s sake. We are pursuing a strategy for the whole business to exhibit agility. When I say the whole business, I mean HR, auditing, security, compliance, the investment bank, the retail bank – everything.”

During the first 16 months of embarking on the initiative, the amount of “strategic spend” going into agile practices and processes has risen from 4% to more than 50%, and the company now has over 800 teams involved.

That’s more than 10,000 people. We have more than 30,000 training attendances, and – far as we know – it’s the world’s largest and fastest agile adoption.”

As promised, here are the use cases.

Agile Transformation at Barclays Bank

• The benefits of Agile for Barclays
• Disciplined Agile Business Analysis for Barclays
• Building Agile Pods at Barclays
• Barclays banks on Agile to tackle competitive threats in Fintech

Hope you find these to be of value.

Now if you want to learn all about Agile, then here’s how you can take action:

• Learn Agile today. Go to https://robbieagustin.com/courses for more information
• If you haven’t yet, download a copy of my book for FREE (for a limited time only) – The Business Optimization Blueprint, and learn how you can improve your business process and take it to the next level.