What is Business Agility? Now is a great time for change.
Is an organisation able to adapt its products, services, and capabilities quickly; to a changing economic, regulatory, or political environment? In order too provide its customers with the best possible offering, and to do this cost-effectively, maximising productivity and utilising both information and human resources.
Or, in simple terms;
Business Agility is the measure of an organisations ability to adapt to market and environmental changes rapidly. In productive and cost-effective ways to take advantage of available resources to meet customer demands.
Focus on time to value
The intent here is to get new products to market as soon as possible, with shorter feedback cycles — creating a faster return on investment (ROI).
These ‘products’ could be servicing the external clientele, or be systems delivered to internal employees. The ability for a company to reduce the time to scale-out resources (provision new resources), or scale up (increased capability of current resources). The faster the business can receive the reward of investments in the form of a value return.
Innovation
Always look for better ways of doing things; using newer and improved technologies. Allowing the…
