Business Agility Institute’s presentation discusses the importance of agility in the business world. Agility is defined as the capability to adapt to changes, learn from experiences, and apply that knowledge to improve performance. It’s not just about speed, but also about direction and adaptability.
The presentation introduces the concept of ‘Sense and Respond’, a strategy that involves sensing changes in the environment and responding quickly to them. This is contrasted with ‘Predict and Plan’, a traditional strategy that is becoming less effective due to the increasing pace of change.
The presentation also explores the concept of ‘Work in Progress’ (WIP) limits, explaining that limiting the amount of work in progress can help to reduce stress, improve focus, and increase productivity.
Lastly, the presentation highlights the importance of ‘Flow Efficiency’, which is about maximising the value from start to finish, rather than focusing on individual tasks. This involves reducing waste and improving the flow of work, ultimately leading to better business outcomes.
Overall, the presentation emphasises the need for businesses to be agile, adaptable, and efficient in order to survive and thrive in the modern business environment.
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