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Please answer all the 4 questions in a very detailed manner dont provide short answers please and dont miss any questions answer all the four

Please read the case study provided in the given 13 pictures and answer the 4 questions in a very very detailed manner based on the case study .

Questions

1.Explain how Spotify's agile structure contributed to its fast growth.

2. State how Spotify's agile structure created impediments for its financial growth.

3. Explain if Ivan should transition from a hierarchical to an agile structure and state why you think the approach will be successful.

4. Describe the improvements, which Ivan's financial firm could make by adopting elements of agile philosophy or agile team structure, without wholesale transition to agile.

Case study - Spotify's Agile Organizational Structure: Is It a Good Fit for a Financial Services Firm?

\f\f\fThe Road Ahead for Financial Corp The main advantage of an agile structure for Spotify, Ivan learned, was that it resulted in the faster delivery of services, which was visible in the company's frequent releases of different streaming solutions for it its subscribers. But, he wondered, what would his financial services firm risk by delivering its technology solutions quickly? The stakes were high when it came to his customers' money and investments. Might agility result in poor quality solutions, thereby eroding trust? According to Gartner, a leading research and advisory firm, most of the software and solution-providing organizations which applied agile philosophy severely underrated the importance of software testing, possibly the most crucial component of software development. In companies that do software testing, the process can consume 50% of a company's entire development time. Ivan was considering the adoption of an agile management philosophy and team structure for his firm. With agile management, knowledge sharing across squads, tribes, chapters, and guilds would be enhanced, which was crucial for the fast learning and growth of Spotify. As consumer preferences were changing towards online banking and mobile solutions, an agile management philosophy would help Ivan's company to quickly respond to customer needs. On the down side, he believed that the agile structure might have worked for Spotify because it was a tech company-its customers wanted better ways to buy and listen to music, and to discover new music. Furthermore, while Spotify's customers would certainly form opinions about the new offerings, they were basically game for anything since their buy-in for the premium service was only a few dollars a month. Ivan had his doubts about whether agile management would work for a financial services company, because his customers' needs were so different. They wanted a safe home for their money, convenient ways to access their accounts, and helpful, efficient investment tools. And, after seeing mixed reviews for the "Discover Weekly" project, Ivan wondered if quickly developing incrementally improved solutions, which was a key feature of agile management, would enhance customer satisfaction with online banking services or would instead make customers annoyed. After all, their investment in his firm was more substantial. His customers' money, in the form of college funds, safety nets, and legacies, was at stake-no mere pocket change. Another challenge for Ivan was that his company followed a traditional hierarchical structure, whereas Spotify had had a flat structure since the beginning. How could he smoothly make this transition in management? Maybe he should consider "agile" as a project management tool only, and not an organizational management approach. This would enable Ivan's company to continue working with a hierarchical structure for most of the teams, with just the software development team working with an agile structure. Still, that strategy might present problems too. He was struggling to resolve this dilemma.\f\f\f\f\f\f\f\f