Business agility has become the new strategic imperative. According to research by the Economist Intelligence Unit, 90% of executives view agility as critical to future business success. According to MIT, agile businesses generate 30% higher profits than non-agile companies.
Agility spans every part of the business. Being able to react quickly to market or economic changes, being able to scale the business at speed and being able to adapt processes to respond to competitive threats are all characteristics of an agile business. Key to this is your technology; having systems that are scalable, that span every part of the business and can quickly be adapted to support change.
There are some simple steps you can take to build agility into your IT:
- Migrating infrastructure to the cloud breaks the capital investment cycle and enables you to have an infrastructure that is both scalable and flexible to the needs of the business.
- Taking advantage of the capabilities of cloud-based applications that come with a multitude of plugins and standard integration will provide the necessary flexibility to align with business needs.
- Utilising an IT services company to augment your existing team will relieve bottlenecks and inject specialist skills when required.