3 Ways to Make Your Business Agile
Every business aims to be “agile,” and agility is especially important for product companies that operate in an increasingly competitive global market. Agility — flexibility, scalability, and readiness to seize opportunities and avoid pitfalls — can mean the difference between success and failure.
For product companies to become more agile, they need to:
- Identify organizational bottlenecks
- Seek best-of-breed solutions to resolve them
- Prepare for constant change
Agility is clearly a key driver for companies when they consider changing their technology. In a recent survey conducted by Forrester (Onboard The Business to Your Cloud, January 6, 2015), they found that agility and speed were the most important benefits in a company’s decision to move to a Software as a Service (SaaS) model. More specifically, the top 3 benefits were: easier information sharing and collaboration, speed of implementation and deployment, and improved business agility.
To find out more about the importance of agility, read my blog in Manufacturing Business Technology.