Business Agility: A steady wave ravaging the business world

There is no doubt that enterprises need business agility. Business agility is a determining factor that decides the winner and the losers in the digital economy. Business agility empowers people to make quick decisions, including allocating resources and aligning the right people around the right work. In this way, companies can capitalize on emerging opportunities.?

Welcome to the SAFe Scrum ChatROM News letter! This is a space where you can find the knowledge needed to help you and your enterprise stay up to date in the implementation of agile. There is a need to position yourself to quickly adapt and respond to emerging competitive threat in the enterprise world.?

Business Agility Insights

Globally, more that 2000 enterprises have found great value in implementing business agility frameworks strategies. Case studies from Scale Agile Framework show, many enterprises, large and small are getting extraordinary business results from adopting the SAFe Framework to business agility. These results typically include, but are not limited to:

• 10 -15 percent happier, more-motivated employees
• 30 - 37 percent faster time to market.
• 25 -75 percent defect reduction
• 20 - 50 percent increase in productivity.

What is Business agility?

Business agility is the ability to compete and thrive in the digital age by quickly responding to market change and emerging opportunities with innovative business solutions. Achieving business agility requires that everyone involved in delivering solutions uses continuous improvement and agile practices to continually create innovative high-quality product and services faster than the competition. These require the active participation from business and technology leaders, knowledge workers, legal, marketing, finance, compliance, security, and others. However, this also requires that individual responsibility needs to become clearer to ensure that critical details are carried out. Taking on these responsibilities requires expertise, policies, and procedures to ensure legal compliance and drives repeatable, cost-efficient operation.?

Business agility provides the balance between the growing hierarchical structure running in parallel with an entrepreneurial network and the value stream network operating system, which views on proven lean, agile and scale agile Practices To quickly reorganize with minimal disruption Organizational network to accommodate change. This can only be achieved when the enterprise achieves some amount of mastery of the concept of business agility.

What are the benefits of business agility?

Business agility leverage agile frameworks to help enterprises answer the following types of questions:

• How do we align technology development to business strategy?
• How do we deliver new value on a predictable schedule so that the rest of the business can plan?
• How do we improve the quality of our solutions and delight our customers?
• How do we scale Agile practices across the enterprise to deliver better results?
• How do we reorganize around value to avoid the delay inherent in traditional, functional structures?
• How do we create an environment that fosters collaboration, innovation and relentless improvement?
• how do we encourage people to take risks, think creatively, and embrace continuous learning?

By adopting agile frameworks and applying its well-described set of values, Principles, and practices, businesses can address these questions and realize greater business and individual benefits. Agile framework enables business agility and improves business outcomes for organization of all sides across the world. It has the power to dramatically improve time to market, employee engagement, higher quality, higher customer satisfaction, and overall improve economic outcomes. It also helps create cultures that are more productive, rewarding and fun.?

However, it must be understood that the road to business agility is a journey and not a destination. To this end every organization should adequately assess it needs or business agility and what framework will best fit their need by leveraging the car competent or business agility, which include, Lean agile leadership, Team and technical agility, agile product delivery, enterprise solution delivery, lean portfolio management, organizational agility, and continuous learning culture. Each core competency has an assessment that explore areas of opportunities and concerns along different dimensions. There is, therefore, the need to leverage expert advice to ensure that your business benefit from the right solution why you enjoy the benefit of business agility.