Keeping Your Business Agile Can Really Pay Off

Technology advances at an incredible rate, and the successful business has much work to do in order to keep up with it. How does your organization’s ability to change and adapt hold up compared to your competitors? This concept, dubbed business agility, is of critical importance in today’s fast-paced business environment, and if you aren’t prepared to assess it, you might be falling behind the competition.

What is Business Agility?

At its core, business agility is all about your organization being able to make rapid changes or fluctuations in its business environment. Sound familiar? It’s what a lot of companies were forced to do just a few short years ago when the COVID-19 pandemic forced businesses all over the world to shutter their doors and shift to entirely remote settings. How well did your company handle the jump? If it handled it poorly, then chances are you have a business agility issue that needs to be addressed.

The COVID-related shift to remote isn’t the only situation where businesses need to be agile. In fact, day in and day out there needs to be a concerted effort to be able to pivot any business process if the need arises; and be sure that the need will arise.  

Why Is Business Agility Important?

Business agility gives your company the ability to make important changes to improve your operations, workflows, and most important of all, services, so you can better address the needs of your customer base or clients. If you think about it, the ability to adapt to change is fundamental to the success of any organization in the long term. Innovations will constantly push your organization to its limit, and if you can’t keep up, you can’t hope to compete with others that are adjusting their approaches based on the business environment.

To help you be more agile with your business decisions, consider the following questions to help guide your thinking:

• What opportunities are there for you to improve?
• What do you need to know in order to make these adjustments?
• Can you create and deliver on this opportunity?
• Has the opportunity paid off for your organization?
• What can you do to improve on the value proposition of this opportunity?

Business Agility is Aided by the Right Technology Solutions

If you feel like your business can’t keep up, then perhaps the culprit behind all of your issues is technology. With appropriate solutions that allow you to streamline operations or improve workflow, you’ll have an easier time adapting to change and working in a more dynamic and flexible manner.

To learn more about how technology can improve your business’ agility, we urge you to contact the technology experts at Preferred. We can discuss opportunities for improvement and lend a helping hand with implementing such solutions. Find out more by contacting us today at 708-781-7110.