Operational Agility Framework
Definition
An Operational Agility Framework is a system enabling a startup to quickly adapt its operations in response to market changes, challenges, or opportunities.
Benefits
An operational agility framework enhances a company`s ability to respond to market shifts, improves resilience, and helps maintain competitive advantage.
Frequently Asked Questions
What is the operational agility framework? The operational agility framework is a structured approach that allows businesses to rapidly adapt their operations to changing market conditions and new opportunities.
What is an example of operational agility? An example of operational agility is a company quickly shifting its production line to manufacture hand sanitizers during a pandemic, responding to sudden market demand.
What is the difference between strategic agility and operational agility? Strategic agility focuses on long-term goals and the ability to adapt overall business strategies, while operational agility is about quickly adjusting day-to-day operations in response to immediate changes.
Summary
An Operational Agility Framework allows startups to swiftly adapt their operations to changing market conditions, ensuring they remain responsive, resilient, and competitive.