Business

How To Run An Agile Business

Agile businesses are able to react quickly and adapt to changing business and economic circumstances. To run an agile business leaders must be able to embrace an unpredictable business climate and the complex changes, technological or otherwise, that have led to it. In essence, being agile means adjusting business practices so that they are customer-centric rather than profit-centric, being able to adopt fast learning and decision-making cycles and building a network of teams and employees that can use changes and advances in technology to achieve a given goal.

Businesses need to be agile to meet the challenges of a continuously changing business environment where they are confronted with rapid shifts in the market that result from the ongoing digital revolution. An agile approach is required because traditional leadership structures and organizational styles are no longer able to change their processes and outputs quickly enough to meet the challenges of a digital environment.