In this world of "Survival of the Fittest," business agility is no more a luxury but a must-have for any organization. The Covid19 pandemic just showed the importance of businesses being nimble and responsive.
Agility is developed when businesses are highly responsive to the ever-changing VUCA (Volatility, Uncertainty, Complexity and Ambiguity) world. This even helps businesses gain a competitive advantage over others.
Enterprise Performance Management (EPM) plays a crucial role in fostering business agility. EPM processes in an organization include Budgeting, Planning, and Consolidation. They connect every...