Fall is in full swing, and we are so excited to have launched the 4th Annual Business Agility Report with our partners at the Business Agility Institute! This past year, people from over 250 organizations participated in the survey and the results were very interesting!
Business agility has been redefined as:
“A set of organizational capabilities, behaviors, and ways of working that afford your business the freedom and flexibility to achieve its purpose...no matter what the future brings.” Evan Leybourn
"The ability to respond to change, learn and pivot, deliver at speed and thrive in a competitive market." Sally Elatta
Our key takeaways:
- It would be foolish to ignore the impact of COVID-19 on business agility around the world
- It would be foolish to ignore the impact of business agility on COVID-19 response
The good news is, both trends are positive. We are excited to hear that those organizations that have invested in business agility had a better response to COVID-19 than those that did not invest prior to the pandemic. They may not have planned specifically for a global pandemic, but they had enough adaptability built into their systems to thrive in uncertainty.
We also discovered three consistent predictors of business agility:
- Having a culture of Relentless Improvement, Learning and Growth
- Organizing Around Value Streams
- Funding Outcomes and Stable Teams
If you missed the webinar and report, you can catch up on both through the download button below.
If you want more information on how you can move YOUR business agility transformation forward by scheduling your own Enterprise Business Agility assessment and building a strategy for 2022, please click the button to speak to an expert - we would be happy to help you!