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Agility provides the nimbleness and flexibility to adapt to the new normal in a more pragmatic and non-linear way so that the strategic goals are accomplished. In this digital age, there is an immense need of building the strategy in an agile way which can be changed when required and focuses on the digital-first mindset by using automation and cloud computing.

As per Scaled Agile, Business Agility is the ability to compete and thrive in the digital age by quickly responding to market changes and emerging opportunities with innovative business solutions. In this context, it is very relevant to understand the way to respond and capitalize on new innovations. At the same time, it is crucial to model an adaptive behavior which forms the very foundation of business agility and aligns with the key measures of strategic agility. In the present period of uncertainty caused due to COVID19 pandemic, a growth mindset needs to be fostered allowing inspection, adaptation, learning, experimentation and treating failure as opportunities for innovation.

Let us understand in detail the agility enabled by automation and cloud computing which are at the core of embracing an agile mindset in the digital ecosystem.

Automation provides a time-saving and efficient approach towards executing manual tasks. Since agility is not only about speed but also about staying relevant and competitive, new Ways of Thinking (WoT) and new Ways of Working (WoW) are to be continuously identified. In view of automation, the speed-to- outcomes is no doubt a driver for digital revolution but it also allows continuous improvement by simplifying the process-oriented approach and increases the operational efficiency by making the processes leaner. Automation also allows improved data insights for taking informed actionable decisions. The journey of automation has been tremendous starting from basic or the traditional automation to Robotic Process Automation (RPA) to Intelligent Process Automation or Hyperautomation including DevOps. Apart from reduction in cost and improving efficiency and accuracy, business agility offered by automation also addresses the following areas:

In view of Cloud computing, the business agility is enabled through on-demand virtualization of resources. It allows the ability to rapidly develop, test and release software applications that drive business growth. Apart from faster time-to-market and pay-per-use model, it also addresses the following areas:

Summary:

Automation and cloud computing are the key drivers for bringing digital transformation which allows sensing the capacity of business agility to remain competitive and changing the direction when required without impacting the overarching goal. The business agility will also allow the businesses to continuously deliver value even during uncertainty by innovatively and empirically disrupting the market for improving business results, increasing market share and building sustainable and resilient systems.

Acknowledgements/References:

Views expressed in this article are my own and may not necessarily be of my employer.

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Business Agility In The Digital Age - Analytics India Magazine