These teams say they're Agile, but they're just planning (and replanning) frequently. Short cycles and the ability to re-plan are the benefit that Agile gives you. It's the reward, not the method. These psuedo-Agile teams are having dessert every night and skipping their vegetables. By leaving out all the other stuff--the stuff that's really Agile--they're setting themselves up for rotten teeth, an oversized waistline, and ultimate failure. They feel good now, but it won't last.
This speaks from my heart. It's exactly what happened when I tried to turn a project 'agile' in a super waterfall organization (picking up this metaphor I'd say it's an Angel Falls organization). We will have technical debt to pay off for at least a decade. However, we found that out quite quickly ;-)
If you're looking for some method that is strong both in the management and engineering field, check out Evo by Tom Gilb. I know I recommended Mr. Gilb's work over and over again in the past 2 years, and it almost seems ridiculous. Be assured, I'm not getting paid by Tom :-)
To get a very clear perspective on iterative planning check out Niels Malotaux' Time Line.
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