13 - Agile Innovation: Surviving and Thriving in a Rapidly Changing Economy

Surviving and Thriving in a Rapidly Changing Economy
In the past year, the world has changed more than most of us could have ever imagined. With global pandemics, economic downturns, and technological advances changing the way we do business, it’s become increasingly clear that being agile is essential for any company that wants to survive and thrive in a rapidly changing economy. Companies need to innovate quickly and often in order to survive. Whether it’s a global change in the markets, or new products and services demanded by customers, businesses must be able to adapt on the fly. Agile innovation is essential to any business in today’s rapidly changing climate.

What Is Agile Innovation?
Agile innovation is an approach to developing products or services that emphasizes speed and agility. It enables companies to be responsive to changes in customer needs as well as market conditions. The goal of agile innovation is to create products or services that are customer-centric, meaning they are tailored to meet the specific needs of customers. This allows companies to stay ahead of their competition by being “first-to-market” with new ideas and solutions.