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

Significance


The importance of technology as a component for enhancing enterprise agility is primarily due to the disruptions that are happening as a result of rapid technological inventions. If a new tech invention suddenly seems to appear from nowhere and gains mass adoption, this could threaten the survival of well-established businesses. Kodak going out of business due to digital cameras, Amazon becoming a serious threat to physical retail stores across industries, and Airbnb shaking up the hospitality industry are just a few examples of the swift and hard-hitting impact that technology is having on organizations.

The role of technology has rapidly changed from supporting a business to being at the core of the business, thereby becoming the driver for creating and sustaining competitive advantage. The following diagram shows the progression of how technology has moved closer to the business world:

Figure 9.1: The relationship between technology and business

Any enterprise not giving strategic...