Book Image

Enterprise Agility

By : Sunil Mundra
Book Image

Enterprise Agility

By: Sunil Mundra

Overview of this book

The biggest challenge enterprises face today is dealing with fast-paced change in all spheres of business. Enterprise Agility shows how an enterprise can address this challenge head on and thrive in the dynamic environment. Avoiding the mechanistic construction of existing enterprises that focus on predictability and certainty, Enterprise Agility delivers practical advice for responding and adapting to the scale and accelerating pace of disruptive change in the business environment. Agility is a fundamental shift in thinking about how enterprises work to effectively deal with disruptive changes in the business environment. The core belief underlying agility is that enterprises are open and living systems. These living systems, also known as complex adaptive systems (CAS), are ideally suited to deal with change very effectively. Agility is to enterprises what health is to humans. There are some foundational principles that can be broadly applied, but the definition of healthy is very specific to each individual. Enterprise Agility takes a similar approach with regard to agility: it suggests foundational practices to improve the overall health of the body—culture, mindset, and leadership—and the health of its various organs: people, process, governance, structure, technology, and customers. The book also suggests a practical framework to create a plan to enhance agility.
Table of Contents (23 chapters)
Enterprise Agility
About Packt
Forewords
Endorsements
Contributors
Preface
Other Books You May Enjoy
Index

Change as an opportunity


While most enterprises are struggling to deal with change, there are many enterprises that are succeeding in effectively dealing with it. Digitally driven enterprises, such as Apple, Amazon, and Google, are leveraging change for growth. Even traditional enterprises such as Ericsson, a 140-year-old firm, and Barclays, a 300-year-old bank, are doing things very differently in order to deal with change. Ericsson has over 100 small teams responding to its customers' needs in three-week cycles. At Barclays, over 800 teams are part of an organization-wide Agile transformation initiative aiming to deliver instant, frictionless, and intimate value at scale. [xix]

Enterprises that are dealing effectively with a rapidly changing environment appear to have drastically different characteristics compared to enterprises that continue to be rooted in the past. The following table brings out some of the key differences:

Characteristic

Enterprises struggling with change

Enterprises thriving on change

Primary motive

Profit

Purpose

Structure

Hierarchy

Flexible networks

Ways of working

Process driven

People driven

Leadership style

Directive

Empowering

Team organization

By roles/skills

By outcomes

Primary outcome

Efficiency

Value

Governance

Compliance driven

Value driven

Role of technology

Tactical

Strategic

Enterprises that are succeeding today realize that they operate in a complex environment where technology is disrupting business models, competitive advantage is transient, and outcomes are not linear. The critical differentiator between struggling and succeeding enterprises is the level of agility, which separates the winners from the losers.

According to Prosci, an organization offering change management-related solutions, "To be successful in this environment of rapid, concurrent and never-ending change, organizations must grow their change agility not just to thrive, but to survive." In fact, senior leaders are starting to acknowledge how important agility is to their success. In a PwC survey of 1150 CEOs [xx], 76% said that their ability to adapt to change will be a key source of competitive advantage in the future. [xxi]

The rest of this book is devoted to getting an enterprise ready to embrace change, with a view to treating disruptive change as an opportunity, rather than as a threat. Enhancing enterprise agility is imperative to achieving this.