How Agile is Your Business? Harness “Digital Transformation” to Survive and Thrive

Rapid changes in competition, demand, technology, and regulations have made it more important than ever for organizations to be able to respond and adapt quickly. But according to a recent McKinsey Global Survey, organizational agility—the ability to quickly reconfigure strategy, structure, processes, people, and technology toward value-creating and value-protecting opportunities—is elusive for most.

While it goes without saying that the “disruptors”, “digital natives”, or “agile entrants” like Apple, Amazon, and Uber have gotten all the press in recent years for transforming and disrupting multiple industry segments – what does “agility” mean to most small or medium businesses (SMBs)?

Here’s the answer: digital transformation (the adoption of a technology platform) that is scalable, functionally unified, and delivered with powerful process workflow tools is mandatory to survive in today’s business landscape.