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The Key to Every SuccessfulBusiness
1Dated: Mar 2017
The capability of a company to rapidly change or adapt in response to changes in the market. A high degree of organizational agility can help a company to react successfully to the emergence of new competitors, the development of new industry-changing technologies, or sudden shifts in overall market conditions.
What is Organizational Agility?
2
Imagine Credit - AJ O'Connor Associates
Key Characteristic of Agility
3
Why is it Important for Organization to be Agile?
Agility helps performance in activities that require • Quick change in direction while
maintaining balance• Speed• Strength and • Body control
It is an important aspect in many sports. Good agility can translate into better performance and faster response, and can give one an edge over his competitors.
4
How to attain Agility in Organizations ?Agility affects every aspect of your business, from strategy to operations, marketing, finance, and the overall organization.
Dedicated leaders with a variety of skills, experience, and perspectives helps to create a successful environment.
Understanding which decisions are the most important and critical factors.
Fast decision-making on important and urgent matters is key to being agile.
Use this wealth of information to your advantage.
Agility is not just what happens inside your organization.
Key Leadership
team
Prioritize Strategic Decisions
Make quick
decisions
Leverage Analytics
and Innovation
Realize you are not in
Silo
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Agility Mistakes in Organization to Avoid
• Moving Too Slow• Tolerating Chronic Chaos• Excusing Excuses• Patience with Personal Productivity• Minimizing Meetings• Going Open Loop• Avoiding Complexity• Being Half-Brained• Trusting Convention• Being Uncomfortable
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Collaboration of all teams to Transform into Agile Organization
• Organizational Structure change
• Interaction between Business and IT
• Key roles and responsibilities defined
• Budgeting and Planning
Source: A Research study by McKinsey in year 2016 clearly states the key roles and responsibilities of organization – refer annexure (page# 11) 7
Reasons why Organization Fail to be Agile
Lack of Experience with Agile Methods
Company Philosophy or Culture at Odds with Core Agile Values
Lack of Management Support
External Pressure to Follow Traditional Waterfall Processes
Lack of Support for Cultural Transition
A Broader Organizational or Communications Problem
Unwillingness of Team to Follow Agile
Insufficient training8
Examples of Agile Organization's….
Source : CIO from IDG
Some of the best examples of organization who are Agile year on year and been awarded
9
Future leadership behaviors on changing strategies
10
• The agility quotient
• The authenticity quotient
• The talent quotient• The sustainability quotient
To succeed going forward, business leaders must go beyond
anticipating trends on the horizon to actually model what success
will look like in the workplace of the future. Doing that effectively
requires a new leadership framework based on agility, authenticity,
talent, and sustainability.
These four revolutions are translated into four leadership success
quotients, each of which embodies a set of clearly defined
behaviors:
Annexure – Research by McK in 2016 on Agile organization
11