What's Business Agility Anyway?
Want to get familiar with Business Agility? This is what I'd tell you if I only have 2 minutes of your time:
Index:
- A tactical definition
- A formal definition
- A thing to be aware of...
- A PDF to study
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A tactical definition
In a nutshell...
Business Agility is the ability of a company to adapt and deliver value to customers, as fast as change itself.
In a way it's a superpower. A coveted one. An elusive one. It entails:
- (New?) capabilities,
- (New?) behaviors, and
- (New?) ways of working
Why?, just look at this formal definition:
A formal definition
"Business agility is a set of organizational capabilities, behaviors, and ways of working that affords your business the freedom, flexibility, and resilience to achieve its purpose. No matter what the future brings." – Business Agility Institute
Go deeper: read the latest "The Business Agility Report" (6th Ed. 2023), by the Business Agility Institute.
Be Aware of...
- 🚫 It's not about business teams doing agile (a common misconception).
- ✅ It's about making an entire organization agile.
A PDF to Study
Domains of Business Agility
Why it matters: this is the 4th version of, perhaps, the first Business Agility model in the industry (So, it's a pretty good reference).
My favorite thing about it: this new version focuses on behavioral change, which might help you find a more concrete, actionable, observable path toward business agility.
Get the latest: link
🤘Yes, you´ve got this!
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Thanks for making your organization better.
Have a great day!