Business Agility
Business agility is one of the most widely discussed topics for business around the world. With
the increase in complexities of the business world, the need for better frameworks and tools to
make business efficient to deal with these complexities has been increased. Business agility is
one such framework that can be defined as the organizational culture, leadership, strategy and
governance of the organization that is effective to add up the values to the stakeholders,
particularly those which operate in a very uncertain and complex environment that is full of
ambiguity. The agility of any business makes it adapt to the changes in the market, work on the
solution to the problems, have a response to the customers in a swift and rapid manner, and
create competitive advantages. In this way, an agile business is that which is able to respond to
opportunities and threats present in the internal and external environment effectively and
efficiently.
The framework of the agility of the business has seven main ingredients that build a strong
business with a high level of agility (Agile Business Consortium, n.d.).
Agile culture:
Agile culture refers to the culture which provides the organization with the core values,
behaviour and practice which will help it to progress in the working environment and world,
which is full of volatility, uncertainty and complexity. The success of the agile culture comes
from the promotion and encouragement of the people who have flexible and innovative
behaviour within the organization. These people are full of intrinsic motivation and have
autonomy, mastery and purpose.
Agile leadership:
For a working environment that is full of flexibility, resilience, and adaptability, it is important to
have a leader who is able to handle these all. Agile leaders tend to develop everyone as leaders at
every level and believe that there is potential in every person, and therefore a sharp mindset to do
so is significant to provide with such opportunities. Agile leadership is different from traditional
leadership, and their styles and willingness to lead are also different. Their thinking and actions
all focus on being agile rather than doing agile. And for this purpose, they keep on creating
realistic expectations from the other employees as well.
Agile strategy:
Agile started refers to a detailed plan that will evolve the response to any sudden event and
incident and create that response in a way that it would have its pace relevant to the environment
that it needs to respond (Badakhshan et al., 2019). The flexibility in the planning of the strategy
will prove that the organization is able to keep its operation relevant to the need of the time and
meet the volatility and complexity.
Agile governance;
Governance refers to the monitoring of the methods through which the organization will achieve
its goals, manage its risks and optimize its performance. Agile governance demonstrates the level
of control through transparency of the process and performance. This transparency remains
consistent at all levels and for every individual.
Agile people:
Agile people are those who remain curious and are keen to know and learn new things and
develop their skills to meet the requirement of the volatile environment in which they work.
They improve their capabilities with the help of experience and study.
Agile operations:
Agile operations are the combination of the above-presented factors which impacts the normal
function of the organization and with the help of which they are able to reduce the adverse
impact of the complexity of the agile environment (Badakhshan et al., 2019).
Change agility:
The last factor refers to the situation when the change in the environment of the business exceeds
the capabilities of the normal process of the organization (Gunasekaran & Yusuf, 2002);
therefore, in such a situation, the business will require to implement new operations that are able
to handle the agile changes.
McKinsey and company:
With more than 30,000 employees McKinsey and company is a global management consulting
firm that provides its services for the major organization, government and non-governmental
sectors. They allow their customers to take benefit from the expertise of the company to make
lasting improvements in their organization and increase their level of performance (About Us,
n.d.) . The goal of the company is to help the organization understand their ultimate goal.
For the operational management at the company, it focuses on making its operations innovative
and technological so that it can meet the requirements of the current world dynamic
environment. The values of the company include adherence to the highest professional standards,
improving client performance, and creating a non-competitive environment for people who have
exceptional abilities (Our Purpose, Mission, and Values, n.d.).
To achieve these values, the operations at the company have huge importance. The unique way
of working of the company is the main reason why it stands in the top position in terms of the
services providing companies. The creativity in the operations provides any organization with a
competitive advantage that underlies the success of the company.
The creation of the impact is the focus of the company. Rather than making an individual plan
for every client, the company provides a tailored plan customized according to the needs of the
client. In this way, the company is able to understand where it needs to change the operations for
the relevant client. Enhancing expertise and harnessing the people who have the highest skills in
their relevant sector is another way to achieve its goals (McKinsey & Company, 2015). Since the
capital of the company is based on knowledge and ideas, therefore the tools and techniques are
based on the requirement of the environment in which they are working. This expertise in any
organization helps the organization to achieve its goals and stand out in the competition. Like
any other agile business, which requires to have an agile leader having more responsibilities, the
company encourages the top management perspective in the form of taking responsibility and
analyzing the problem and coming up with effective solutions (McKinsey & Company, 2015).
The independence of the company's operations allows it to deal with the dynamic environment
and put forwards the truth that is present in the market. An operational excellence program is
another way for the company to have higher expertise that is agile and innovative to deal with
the continuously changing environment. The development of the performance and the
generations of ideas help the company to reduce the level of competition in the market.
Customer experience:
McKinsey and company have a very comprehensive approach to increase its services for the
Omnichannel customer and increase their engagement. The service of the company is the
solution to a number of problems. The customer experience is improved with the help of
reactive, siloed customer care and a proactive and consultative approach to increase the
engagement of the customers. The core of the strategy is to increase the identification of the
needs of the customers. With the help of understanding these needs, the customers are provided
with a tailored solution that increases the level of customer experience (About Us, n.d.). The
transition to the proactive approach of McKinsey and company is the major reason for the
customer relationship effectiveness; however, it focuses on the barriers which occur in the way
of achieving these high levels of customer relations.
To increase the customer experience, McKinsey and the company focuses on three primary
areas, frontline management skills, customers and offers and technology. Being an agile
company, it is able to understand that the customers of the company are constantly changing;
therefore, it should keep on seeking the ways which are better to serve them with the right
operations. The innovation in the talent and the technology helps the company to focus on the
key areas where the change might occur. Therefore the design, analytics, and digital capabilities
of the company are the main focus to develop a higher customer experience (About Us, n.d.). The
customers range for the company is also very diverse. It serves every level of the organization
and includes the higher-level executives to the nonprofit fund liner in the organization. These
levels are directly interacted by the company to put forward better solutions to the problems of
the organizations that can be worked and practices in the organizations directly (About Us, n.d.).
The relationships with the consumers are the long terms and the development of the skilled
workforce, and increasing improvement in the operational skills of the customers that it is
serving. No matter how challenging the customer's needs are, the company provides services that
are highly practical and direct for the company.
This is not a very easy task for the company; however, the help of the leader and the operations
of the company, which are not only agile but also very innovative, help the company to increase
the customers' experience (About Us, n.d.). With the help of strategies a transformative
technology, there were effective to increase the customer experience. The customers' experience
is mainly added by the solutions which are innovative enough for the companies and are long-
lasting so that customers can benefit from these solutions and build a workforce that is based on
diversity and an innovative approach to thinking. The sustainable and inclusive growth solutions
are the basic building blocks of the higher customers experience.
References:
About Us. (n.d.). McKinsey & Company. https://www.mckinsey.com/about-us/overview
Agile Business Consortium. (n.d.). Business Agility. Https://Www.Agilebusiness.Org/.
https://www.agilebusiness.org/page/WhatisBusinessAgility
Badakhshan, P., Conboy, K., Grisold, T., & vom Brocke, J. (2019). Agile business process
management. Business Process Management Journal, 26(6), 1505–1523.
https://doi.org/10.1108/bpmj-12-2018-0347
Gunasekaran, A., & Yusuf, Y. Y. (2002). Agile manufacturing: A taxonomy of strategic and
technological imperatives. International Journal of Production Research, 40(6), 1357–
1385. https://doi.org/10.1080/00207540110118370
McKinsey & Company. (2015). The sky’s the limit Operations at McKinsey.
McPherson, B. (2016). Agile, adaptive leaders. Human Resource Management International
Digest, 24(2), 1–3. https://doi.org/10.1108/hrmid-11-2015-0171
Our purpose, mission, and values. (n.d.). McKinsey & Company.
https://www.mckinsey.com/about-us/overview/our-purpose-mission-and-values#:
%7E:text=Our%20mission,excites%2C%20and%20retains%20exceptional%20people.