On Sat, Oct 25, 2008 at 13:18, Steve Jones <[EMAIL PROTECTED]> wrote: > The problem is that they added agility to finance, where it shouldn't > be, and hence the reason it collapsed. Plain old boring finance with > don't lend what you don't have and don't borrow more than you can pay > back wouldn't have cause the challenges.
I cannot agree with that. Let's review "agile" for a second ; http://agilemanifesto.org/ Or, from WikiPedia ; "In sports, agility is described in terms of response to an opposing player, moving target, as seen in field sports and racket sports. Sheppard and Young (2006) define agility as "a rapid whole body movement with change of velocity or direction in response to a stimulus. [...] In business, agility means the capability of rapidly and cost efficiently adapting to changes. Recently agility has been applied e.g. in the context of agile software development and agile enterprise" No where does it say "do stupid things" (slightly paraphrased) or "lend out what you haven't got." Agile is about responding to micro changes as opposed to do what you've planned with your macro scenario, getting closer to the real issues as opposed to think you've got it all figured out. Given the crunch there is *nothing* that tastes of agility about it; more like deer staring into the incoming truck lights. Thump! Regards, Alexander -- --------------------------------------------------------------------------- Project Wrangler, SOA, Information Alchemist, UX, RESTafarian, Topic Maps ------------------------------------------ http://shelter.nu/blog/ --------
