Agility is a must in today’s hyper-connected world where the customer expects everything on-demand and cost-effective by enhancing interaction, iteration, improvement and collaboration.
Agility is not just the ability to change. It is a cultivated capability that enables an organization to respond to a dynamic business environment in an effective, and sustainable way timely. Agility involves the whole ecosystem, impacting on all sorts of stakeholders, from the customer’s requirement to the delivery, for improving dynamic business capability, innovation excellence, and organizational resilience.
Agility and capability: High performing businesses depend on their differentiated sets of business capabilities underpinned by the well-managed business processes matrix within the organization. Business agility improves organizational abilities to change; while dynamic capability improves business agility. To develop dynamic capability and improve business agility, conduct a gap analysis of capability vs requirements, facilitate the process of deep analyzing, to identify areas in a capability portfolio that can be changed and optimized.
With agility as a management philosophy, capability can be decomposed to finer grain sub-capabilities with different layers of granularity. One capability may be implemented by multiple business processes for multiple products and services. Dynamic capabilities are the strategic routines by which firms achieve new resource configurations as markets emerge, split, evolve, etc to improve agility. It’s about how to keep the modular design, iterative planning and improving, to bridge strategy and execution, and transcend business into the next level.
Agility & innovation: Agility enables business innovation by taking advantage of resources, building differentiated business capabilities to gain competitive business advantage solidly. Innovation requires an atmosphere of flexibility, iterative development; regular feedback from stakeholders can promote creativity in an agile setting. The kinds of the latest technology and other resources needed to bind innovation capabilities into executable processes.
Agile teams are innovative by refining and improving their own processes for adding value, developing innovative technical solutions by coming up with new possibilities. The variety of agilest personas are in demand to accelerate mind flow, knowledge flow and idea flow; enhance iterative improvement or innovation. There is a recognizable core of approaches and activities that produce profitable innovation. The real challenge is to understand where and how you can and should improve to get the biggest effect and scale up innovation across the digital ecosystem.
Agility & Resilience: One of the agile goals is to improve business resilience. Resilience is an elastic component of organizations, being flexible and adaptable in the midst of threat and disruption, undergoing high dynamic stress and yet they are able to recover smoothly. The goals of an agile transformation are to increase value received and decrease risk, or overall organizational resilience. Agility can be productivity multipliers by eliminating impediments, building changeability, and improving resilience.
In reality, there are so many variables in the business environment. It is a journey from “doing Agile” to “being agile.” An agile organization at any scale that can retain an overall sense of vision and purpose, can communicate effectively, continuously improve, reflect on its own limitations, respond to change dynamically, eliminate waste and continuously improve, to ensure organization becomes more resilient with a high-level of business agility and maturity.
The inevitable range, breadth, depth, and pace of uncontrollable factors acting on any organizations across vertical sectors mean identifying business vulnerability, handling the management fuzziness, overcoming frictions. Agility is a must in today’s hyper-connected world where the customer expects everything on-demand and cost-effective by enhancing interaction, iteration, improvement and collaboration. Agile is an overarching management philosophy to include agile mindset, agile consensus, agile architecture, agile governance, for balancing flexibility and discipline, building organizational long-term competency.