Organisational Agility and Transformation Flashcards
what does business agility refer to?
rapid, continuous, and
systematic evolutionary
adaptation and entrepreneurial innovation directed at gaining and maintaining competitive advantage.
what is meant by ‘hyper connectivity’?
the connectivity that exists in digital environments and the interaction between information systems, data and devices, all of them related to each other through the internet
examples of hyper connectivity:
-Advances in mobile phones, browsers, voice assistants or the IoT (internet of things)
-Smart manufacturing
what is ‘Social network Analysis’?
the process of investigating
social structures through the use of networks and graph
theory
how to plan for digital transformation in a dynamic market:
- embrace agility and continuous adaption
- build customer-centric strategies
- prioritise technology investments
- manage change effectively
- measure, learn, and iterate
embrace agility and continuous adaption:
-Adopt agile Frameworks: Enable iterative
development and rapid pivots
-Foster a Culture of Flexibility: Empower
teams to innovate and adapt quickly.
- Leverage Scalable Technologies: Cloud, APIs, and modular platforms for flexibility.
build customer-centric strategies:
-Invest in customer insights: Use analytics and feedback loops to stay aligned with evolving needs.
-Personalisation at scale: Leverage AI and data to offer tailored experiences.
- Engage in co-creation: Partner with customers to develop solutions.
prioritise technology investments:
-Focus on Emerging Technologies: AI, IoT,
and blockchain to stay competitive.
-Enable Citizen Development: Empower
non-technical staff with low-code/no-code
platforms.
-Integrate Systems and Data: Break down silos for seamless operations.
manage change effectively:
Leadership Commitment: Drive transformation
from the top down.
-Clear Communication: Align stakeholders with
the vision and goals.
-Upskill Workforce: Provide training to build digital capabilities.
measure, learn, and iterate:
-define Success Metrics: Align KPIs with strategic goals.
-Leverage Real-Time Feedback: Monitor performance and adapt strategies.
-Embed a Culture of Experimentation:
Treat failure as a learning opportunity
what are the three criterias that core competencies fulfil?
1.Provides potential access to a wide variety of
markets.
2. Should make a significant contribution to the
perceived customer benefits of the end product.
3. Difficult to imitate by competitors.
what are the core competencies in digital business?
1.Customer-Centric Innovation: Designing
products and services around evolving customer needs.
2. Data-Driven Decision Making: Leveraging analytics to inform strategy and operations.
3. Agile and Adaptive Operations: Ensuring
flexibility to respond quickly to market changes.
4. Technology Integration: Seamlessly incorporating emerging technologies into
workflows and software development.
agile methodology in software development:
-Requirements: define the project vision, objectives, and assemble a cross-functional team.
-Planning: Prioritize features in the backlog and
plan iterative sprints with clear deliverables.
-Development/ Iteration: Build features
incrementally, ensuring collaboration and
integration.
-Sprints: validate functionality through continuous
testing and automated frameworks.
-Delivery: Deliver deployable software increments
and gather stakeholder feedback.
-Release
-Maintenance: Monitor, address issues, and evolve the
product based on user needs.
-Feedback/Retrospective: Reflect on sprint
outcomes and adapt processes for improvement.
what is digital agility?
how easily an organisation can adapt to changing business needs by leveraging digital technologies.
who are citizen developers?
business users with little to no coding experience who build applications with IT-
approved technology (low-code and no-code platforms)
what is the importance of digital agility?
-Empowering Citizen Developers: Encouraging non-technical employees to create software solutions using low-code/no-
code platforms.
- Building a Supportive Ecosystem: Establishing training, governance, and resources for scalable ‘do-it-yourself’ (DIY) development.
-Balancing Control and Flexibility: Implementing
governance to ensure security and alignment with
organisational goals.
- Driving Cultural Change: Promoting a mindset shift towards
innovation and digital ownership across teams.
-Delivering Rapid Value: Accelerating project timelines and enabling quick, cost-effective solutions.
(re)organising around core competencies:
-identify existing core competencies
-acquire/build core competencies important for future
-invest in competencies to remain competitive
-extend competencies and seek new opportunities
what does agility need?
-dynamic capability
-stability
