![]() This is where strategic agility needs to come in. It’s not just a reactive response it also is a strategic response. We can instead think of agility as a speedy and effective response, not just toward current circumstances but also that may now be beyond the horizon. ![]() Prasad: Agility is often confused with a speedy, reactive response. Why does it matter for companies and individuals? Knowledge at Wharton: Agility is not easy to define. What is the organizational equivalent of human intelligence? That led to the book. That inspired me to think of a different way of approaching agility and trying to think of the organization as an intelligent being. How do we handle uncertainty in our individual lives? Humans have always used intelligence to handle uncertainty and find their way in new situations, just like I had done in Helsinki. The adventure of getting there and getting back to the hotel started a chain of thoughts. I ultimately found a store that had the adapter I needed. I had forgotten the adapter for my laptop, and didn’t know Finnish or much about Helsinki. In the winter of 1998, I was in Helsinki, attending a conference on information systems. I tried various micro economic models and quantitative modeling, but develop a generalized theory about flexibility. How to evaluate that flexibility was question. I began to argue that information technology needs to be more in terms of the flexibility it brings to an organization. My work in the service and retail industries me understand that there’s a huge people component, especially in information technology. Knowledge at Wharton: What inspired you to write Nimble?īaba Prasad: When I started out, the big debate in IT circles was on how to justify productivity from IT. Prasad spoke with Knowledge at Wharton about his book in a recent interview.īelow is an edited transcript of the conversation. He discusses these concepts in his book Nimble: Make Yourself and Your Company Resilient in the Age of Constant Change. In order to manage and surmount uncertainties, companies need to become intelligence-driven, and that is achieved by understanding and acting upon five types of agility, notes Baba Prasad, CEO of the Vivékin Group, a management consulting firm in Durham, N.C., and in India. Others, like electronics and home appliances maker Haier of China, have retained the nimbleness of their startup days. They either did not anticipate imminent technology changes or did not have the flexibility to respond to disruption. But they failed because they lacked the ability to think and act differently from their pre-conditioned ways. and Ericsson were once considered leaders in their industries, and thus likely to stay on top. Choosing a New Board Leader: Eight Questions March 7, 2023Īuthor Baba Prasad talks about the five types of agility a company must have to stay nimble.Ĭompanies like Digital Equipment Corp.Speak With Confidence: Four Fixes That Work April 11, 2023.It’s Not You - It’s Your Goals: Knowing When to Quit May 30, 2023.Generating Ideas: A Process for Breakthrough Innovation June 14, 2023.Meet the Authors: Wharton’s Katy Milkman on How to Change May 14, 2021.Meet the Authors: Mauro Guillén on How Businesses Succeed in a Global Marketplace June 21, 2021.Meet the Authors: Wharton’s Peter Cappelli on The Future of the Office November 4, 2021.Meet the Authors: Erika James and Lynn Perry Wooten on The Prepared Leader October 3, 2022.How National Politics Are Impacting DEI in the Workplace February 7, 2023.Diversity at Work: Why Inclusive Storytelling Matters April 4, 2023.Improving Accessibility in the Workplace - and in Space May 16, 2023.How Employers Can Support Women’s Reproductive Rights June 20, 2023.Great Question: Kevin Werbach on Cryptocurrency and Fintech July 21, 2021.Great Question: Dean Erika James on Crisis Management August 16, 2021.Great Question: Wendy De La Rosa on Personal Finance October 15, 2021.Great Question: Witold Henisz on ESG Initiatives November 17, 2021.Making the Business Case for ESG May 3, 2022.How Companies and Capital Can Be Forces for Good June 21, 2022.Investing in Refugee Entrepreneurs in East Africa August 8, 2022.Why Employee-owned Companies Are Better at Building Worker Wealth November 11, 2022.Beyond Business: Humanizing ESG December 13, 2021.How Analytics Is Changing Finance November 29, 2022.How Data Analytics Can Help Deliver Social Good December 20, 2022.How Analytics Can Boost Competitiveness in Sports January 31, 2023.
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