Global Enterprise Agility Month is celebrated annually in July and focuses on making businesses more agile. Global Enterprise Agility Month raises awareness and attention on how workers and businesses can flourish by being true to their mission while fast adapting to their ever-changing environment and consumer expectations. Success or failure, survival or extinction, is determined by our ability to adapt to shifting economic, social, and environmental conditions. Global Enterprise Agility Month focuses on the dialogue and actions we can all take to ensure that our organizations not only survive but also thrive, resulting in happier workers and consumers. This is an opportunity to learn from those leading the way and adapt their ideas to assist your organization in achieving remarkable outcomes.
History of Global Enterprise Agility Month
Although it has gained popularity in recent decades, the notion of enterprise agility is not new. The concept and definition may have evolved, but its spirit has not. History has provided us with some of the best instances of enterprise agility — individuals or companies who launched initiatives to solve agility issues or bring about positive agility change. The capacity of a corporation to modify its operations in response to a changing business environment is referred to as enterprise agility. Feedback from consumers and stakeholders, as well as changes in market trends, can help to enable these adjustments.
Business agility is defined as quick, continuous, and systematic evolutionary adaptation and entrepreneurial innovation aimed at acquiring and sustaining a competitive edge. Business agility may be maintained through sustaining and altering the goods and services supplied to suit client requests, reacting to changes in the marketplace, and taking advantage of available human resources. Agility in business refers to an organization’s capacity to quickly adjust to market and environmental changes in productive and cost-effective ways. The agile enterprise is an extension of this notion, referring to a company that leverages essential principles of complex adaptive systems and complexity science to achieve success. Organizational intelligence results in business agility.
The originator of the Global Enterprise Agility Month is unknown. However, the movement refers to a worldwide endeavor aimed at raising awareness about the measures that every firm must do to achieve sustained business success and give the greatest possible employee and customer experience. The business world is rapidly changing, and firms must adjust accordingly. Global Enterprise Agility Month focuses on the activities and dialogues that company leaders and organizations may have in order to survive and prosper in a changing environment.
Global Enterprise Agility Month timeline
The term ‘enterprise’ appears as derived from the Middle French phrase ‘enterprise’ which means ‘something undertaken.’
The term first occurs in the French dictionary, "Dictionnaire Universel de Commerce."
The name ‘enterprise’ is a popular phrase for military ships, with nine ships or boats bearing a variant of the nickname ‘U.S.S Enterprise’ deployed by the U.S Navy.
The agile approach emerged when software producers were failing to satisfy the expectations of their customers due to a sluggish development process.
Global Enterprise Agility Month FAQs
How is enterprise agility measured?
Participants scored a collection of statements describing agile behaviors across five dimensions — strategy, structure, processes, people, and technology — on a scale of one to five to determine agile maturity.
What exactly is enterprise agility?
Enterprise agility is a framework for extending agile approaches beyond development teams. Successful agile transformation initiatives may boost customer satisfaction, save operational costs, and boost staff engagement.
What does business agile transformation entail?
Agile transformation involves altering an organization’s structure, strategy, people, processes, and technology using ‘Enterprise Agile’ principles.
How to Observe Global Enterprise Agility Month
Improve your balance
It is critical to strike a balance between innovation and long-term growth. Most businesses deplete their resources in day-to-day operations, leaving little time and money for innovation and development.
Think big and start small
This entails long-term planning and taking minor actions to accomplish larger goals. Sprint instead of running marathons and aim for progress at every stage. Agility is all about making changes and improving while going forward.
Make room for growth and improvement
Learning and developing are key to enterprise agility. Companies must give themselves some leeway to improve and flourish.
5 Facts About Enterprise Agility
It involves I.T
Agility deployment can be incremental as the IT department is involved — nevertheless, as previously stated, agility must be conveyed to the entire organization.
Generates more revenue
According to an Economist Intelligence Unit analysis on organizational agility, agile enterprises grow sales 37% quicker and create 30% larger profits than non-agile corporations.
All companies can become agile
Almost any company can become an agile organization but it takes clarity and determination to put the appropriate strategies in place.
It satisfies customers
According to Peter Weill, director of the Massachusetts Institute of Technology's Center for Information Systems Research, the capacity to meet consumer expectations is critical to profitability.
It can take three years
It is not true that adopting agility takes six months — instead, it might take one to three years.
Why Global Enterprise Agility Month is Important
The future appears promising
By challenging old beliefs, we open ourselves up to a world of new possibilities. Could we make money by doing good? As a result, people's expectations and ambitions may shift. And the world may be better off as a result.
The changes also apply in business
Market demands are constantly changing as breakthroughs proliferate. If a company cannot adapt to these changes, it may struggle to survive and grow in the long run.
There is much-needed flexibility
The more adaptable and flexible you are, the simpler it will be to make rapid changes as needed. Take some time out today to see ways in which you can adapt better.
Global Enterprise Agility Month dates