Agile Business

In a business context, agility is the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways. An extension of this concept is the agile enterprise which refers to an organization that uses key principles of complex adaptive systems and complexity science in achieving success. When embraced by the entire company, Agile is a foundation of change that improves strategy, product innovation, and culture. Agility is also viewed in relation to the results of organizational intelligence. It is the aptness to react successfully to the emergence of new competitors, abrupt shifts in the overall market conditions, and adaptation of industry-changing technologies that are based on the degree of agility in the organization.

It is a cultured capability that enables a company to respond in a timely, effective, and sustainable means when the changing situations require it. Additionally, it is understood as the capability of an organization to thrive in a competitive environment characterized by continuous and unanticipated market change. It is the aptness to retaliate quickly to the rapidly changing and fragmenting global markets that are served by computer-connected or networked competitors with regimen access to a global production system, cost efficiency, high performance, and customer-tailored goods and services. Book innovative and experienced agile business practice speakers at Speakers.com!