The existence of many businesses that provides the same products and services to same customers has created a lot of competition and therefore only the strong ones are the ones that can only survive. A business would become competitive and outshine its competitors when it comes up with unique and appropriate strategies. One of the goals of the business is to grow economically and also satisfy its customers and therefore you would need business agility to achieve this.
Business agility is basically the ability of the business system to promptly respond to changes that occurs and adapt its initial state or even go beyond the recent state of economy. In the periods where there is crisis in the nation for instance elections and post-election violence, many businesses are affected since goods and services are destroyed and hence to recover them could be quite challenging for the business.
There are several benefits of business agility in any kind of business. Business agility helps a lot in task simplification in a business. With business agility, you would find that it enables the employees to begin with the most important or the most difficult tasks and this saves a lot on energy.
You would realize that sometimes there are delays in deliveries and this could probably ruin the relationship with the customer and hence with the agility in business this problem is solved. Without agility, you cannot respond faster to the changes in the technology since it would take time for you to update your systems to fit the new technology and help your business to run smoothly. One of the biggest benefits of working in an agile environment is that it enables sharing of knowledge and skills among employees. The knowledge spread across the departments in an organization by agility enhances relationships across the departments and hence work tend to be done in a more perfect way.
Innovation is key to success of any kind of business since it is the only way to overcome and outshine its competitors. The innovation agility process involves good communication and generation of new ideas that would help in achieving the long term objectives of the business especially with the existence of the various challenges like the technology advancements.
Agility is essential in achieving resilience in a business. When a manager challenges individuals to work more in an agile way that is taking actions and expressing their ideas, it would not only improve individual resilience but it would also improve organizational and business resilience. There are institutions that are available for businesses to coach their employees and one of the companies is Clearpoint.