Technology, Games and Gadgets

Posts Tagged ‘strategies’

Companies that develop high levels of agility not only survive this economic turbulence, but also will be the leaders of tomorrow’s markets.

Today’s organizations must identify the change and respond to it swiftly in order to remain a viable option in the market. The ability to detect, anticipate and respond to changes more quickly will provide organizations set strategic direction for:
Respond to changing market conditions.
Increase its market share even in economies that characterize hard as our new reality
Increase sales growth and profitability and improve overall financial performance

Agility is characterized by a cycle, which comprises a series of five steps:
- Detect lies ahead or need a change
- Planning the best action
- Decide on the course to follow
- Communicate to all key participants in the new plan,
- Press for Change.

These five steps are sequential and are executed every time there is a change in the business landscape. The cycle occurs in all levels of the organization on an ongoing basis.
How to facilitate agility in the organization? Technology is the common denominator of all five. It is not the case that only some technologies provide flexibility, but each organization will have a different agenda management challenges and unique architectural footprint that will require different strategies of using technology to support and improve agility. This may represent from a small correction to a strategic reorientation of the company.

In the context of information technology is of interest to measure the agility of a company making a benchmark to compare with similar companies. Eventually provide prescriptive measures to optimize investments in information technology from the objective of maximizing agility.
There are four key attributes that have to meet any investment in information technology to generaragilidad for business:

First, a solution of information technology has to ensure that business operations are reported. You must connect data devices and processes both internally and externally so that people can access information from anywhere and more usefulness;
second, the technology has to turn the company into a more productive by leveraging also systems to support processes and thereby enable the business to multiply the power and impact of its technology and its people.

The technology must be reliable, always available, always working safely and always ready, but AT THE SAME TIME must be flexible to adapt according to changing business needs
finally, technology must provide all of this based on a clear concept and aimed at the best cost / benefit. The consistent application of cost-benefit measurements allows real information about the return on investment.

Any solution of information technology must comply with each of these points to maximize every dollar invested and ultimately generate business agility
Each of the criteria have equal weight and importance to an organization in pursuit of the goal of agility. Developing a framework, it is possible to measure the state of agility in an organization, identify weaknesses and suggest practical solutions so the organization can implement concrete actions to improve their agility and competitiveness portended.