Done poorly, all that process is going to hurt you. You'll end up with teams of people who know their role, celebrate the process, but don't know or care how to connect their work back to the bigger picture.

Agile and Sprints can lead to this. You will see a lot of ceremony, and the team might increase their throughout. But you find your team disenfranchised and producing substandard code that doesn't really do what it needs to do.