Vector ITC highlights business agility as key to digital transformation

We live in a very dynamic environment, where companies must reinvent themselves through the implementation of digital technology to improve their processes and performance. To be able to respond to all these changes and for companies to be able to adapt, they need to evolve towards an agile environment. According to Vector ITC, a Spanish technology and digital group, Business Agility will be fundamental for the digital transformation of companies, with the aim of improving their current value proposition and adapting more quickly to changes in the environment.

As an initial step to evolve agility, companies must first adopt an “Agile” mentality. Thanks to this approach, the business and development areas work together, reducing the gap that used to exist and that affected the product or solution. Ninety-one percent of the world’s software companies have already adopted this kind of mentality, due to the benefits it brings in terms of speed of execution, productivity and profitability.

For its part, Business Agility is defined as the ability of an organization to react and respond in an innovative and creative way to changes, in order to generate benefits through the rapid adaptation of its system to the environment. In order for a company to implement and increase its business agility, it is necessary to analyze it through three dimensions: Strategic Agility, Tactical Agility and Cultural Agility.

  • Strategic Agility: this dimension focuses on what the company must do to respond to the market with the right product and in a fast way, looking for the perfect balance between strategy and execution. One of the fundamental points that the company must take into account is to understand the client through different techniques (Design Thinking, Empathy Maps, elaboration of personalized Customer Journeys, etc.).
  • Tactical Agility: focuses on how the company relates, interacts and generates value through the implementation of initiatives in corporate strategy. The basis of this dimension lies in the agility of multidisciplinary teams to create a product or solution, measure how it responds in the market and take into account the scale of the project in order to ensure a continuous delivery of value with a high level of maturity.
  • Cultural Agility: refers to the internalization by members of the organization of the values and principles that mark the ability of the company to adapt to the environment, allowing it to gain a competitive advantage. Without a corporate culture based on agility, it is very difficult for the other two dimensions to generate the expected value.

One of the main benefits associated with business agility is that it allows you to work in short and incremental cycles, improving learning times, allowing delivery with greater value and with the goal of checking whether the product or solution implemented really responds to customer demands.

“In the dynamic world of business, the only constant is change. Innovation has ceased to be a particular act, a concrete strategic line, and has become the very foundation of business activity. In this sense, classical hierarchies are an obstacle to the adoption of business agility as the methodology of the future, which transcends the technology sector. In this way, highly effective teams do not arise spontaneously, but are built,” says David Alejano, Head of Digital Culture & Enterprise Agility Enabler at Vector ITC.

Looking ahead, the fourth industrial revolution will be to understand the dynamic environment as the very foundation of the market. The new methodologies that companies pursue must be focused on value delivery, focused on the customer, always taking into account their feedback and incorporating it into the product or solution.

Vector ITC is one of the companies that has incorporated business agility to offer comprehensive cutting-edge technology solutions for companies in different sectors. In a context as dynamic as the current one, companies must be able to adapt their configuration and respond quickly to change, maintaining the highest possible quality standards in the products and services they offer.