What is Operational Agility? Meaning.
Operational Agility is a company's ability or capacity to find and seize opportunities to improve operations and processes, within a focused business model.
Examples of the above opportunities are:
- Introduction of new products or services,
- Cost reductions,
- Quality improvements,
- Refinements to logistic processes
Specific organizational capabilities to be operationally agile include (Donald Sull in HBR, February 2009):
- Accurate and detailed real-time market data
- Focused corporate priorities
- Clear performance goals
- Control and reward mechanisms
Besides those mentioned by Donald Sull, additional organizational competences to achieve a high degree of operational agility are:
- Flexible HR arrangements (flex working, flex benefits)
- Flexible IT systems, Telecom systems, software development (allowing to make changes relatively easy)
- Agile project management / change management approaches
Forum about Operational Agility. Below you can ask a question about this topic, share your experiences, report a new development, or explain something.
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Agile IT / Systems / Software Development
In IT systems, there is a development methodology for agile projects and the goal is to build a system with the minimum elements necessary for building more quickly.
There is also a unified process d...
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Agile Project and Change Management Approaches
As in any change project, the affected resources need to be prepared so they can adopt the change. This is more difficult in agile projects as the solution/target is initially not defined precisely, a...
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NEW Agile Project Cost Accounting
It's very important for a company to take an informed decision as to how to account for its projects' costs. When it comes to agile projects, the accounting decision can be even more complicated to ma...
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Compare with: Portfolio Agility | Strategic Agility | Organizational Agility | Organizational Absorption | Agile Absorption | Crisis Management |
First-mover Advantage | Just in Time
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