Creating Business Agility

Chapter 3Hyperconnectivity Drives Innovation

As you are reading this chapter, you may have already noted the significance of business agility and the roadmap presented using the balanced scorecard in our previous chapters. We have attempted to lay a sound foundation to define various business stakeholders and how these technology forces have helped align chief information officers (CIOs), chief marketing officers (CMOs), and others in the current turbulent business environment. We have also put our best efforts into defining the Business Agility Readiness Roadmap with clear guideposts to help you make rapid progress in your business process optimization. We have made an effort to highlight cases of success and failure that would help you to identify clearly the stage you are at in your business and to transform your business with the impact of these technology forces. You have noticed that it is imperative to transform your current business model and processes to create business agility to survive and thrive in business irrespective of what business sector you are in today. It was okay to run a business independently just a few years ago, but no longer. We introduced and talked about business ecosystems, a concept that brings all stakeholders such as employees, customers, and partners (distributors, value-added resellers, systems integrators, independent consultants, investors, shareholders) to participate in your business to create business agility and to help your business ...