This document discusses how a company using a waterfall process can implement agile practices to achieve faster delivery times, happier customers through increased satisfaction, and easier recruitment. It recommends starting with establishing agile product teams, prioritizing work, and validating hypotheses through lean startup methods. Technical teams should focus on high-performance work, knowledge sharing, automation, and adopting DevOps culture. The transition will require changes to structure, language, and culture but can be facilitated through frameworks like SAFe and LeSS. Regular measurement and learning is key to the success of the transformation.