When we talk about “Agile” we are not referring to an iterative approach to software development but how adaptive your organisation is to the changing needs of the market and your customers.
The Facts
McKinsey reports that agile organizations have a 70% chance of being in the top quartile of organizational health, the best indicator of long-term performance. According to the Business Agility Institute, companies with high agility report 35% higher revenue growth and 30%higher profits than non-agile companies.
A study by Gallup found that agile teams are 1.5x more likely to report higher productivity and 3x more likely to report higher customer satisfaction.
When we talk about agile or “adaptive” organisations, there are a whole host of areas to consider including leadership styles (driving empowered teams and adaptive culture), organisation design, governance, talent sourcing and also the external ecosystem (you are only as agile as your least agile partner).
Key to Unlocking Transformation
- Foster a culture of continuous learning and adaptation
- Implement cross-functional teams for faster decision-making
- Adopt iterative approaches to product development and problem-solving
- Encourage experimentation and calculated risk-taking
- Prioritize customer feedback and rapid response to market changes
Remember, becoming agile is about more than just processes – it’s about creating an organizational culture that thrives on change and innovation.
