It is clear that leading organizations are taking this moment to forge ahead and make their transformation efforts even more impactful. The organizations classified as leaders, comprising 27% of the total respondents, rated their transformation strategies as being very effective both before and after the Covid-19 outbreak. By remaining agile, leaders have seen their transformation strategies stand the test of time. And with 73% of those leaders leveraging low-code platforms to achieve their flexibility, rapid-cycle innovation is clearly a key towards unlocking true agility.
This isn’t without its challenges – after all, 2020 has been a year full of challenges for everybody. Budget constraints, difficulty in adapting workflows, and adapting organizational culture are definite obstacles for organizations to navigate. But there is a path to solving these challenges – as this report found, 60% of leader organizations have senior executives highly committed to rapid-cycle innovation, and building that advocacy can be a massive difference in these programs. By making resiliency and agility initiatives high priority, organizations will be ready for anything and prepared to adapt to turbulence in the future.
The results of this new Harvard Business Review Analytic Services research make clear that operational agility has officially gone from a nice-to-have to a must-have. While we can’t count on the state of the world and the pace of business to calm down anytime soon, businesses can begin to prepare for constant change by becoming more agile. Whatever is next in the world, we feel confident that organizations leaning more on operational agility will be the ones that are ready for it.