ABSTRACT

A core takeaway expressed in vastly different ways was vendor integration. Parkview’s process for identifying a vendor and eliminating every possible aspect of wasted time looked, at first glance, like it was depreciating the unique potential and value of the individual suppliers. In reality it quickly got them to the brass tacks of forming an unbreakable, unambiguous relationship that would be durable enough to push through the unavoidable challenges that occur in every transformational change. Meaningful change with acceptable speed is a good definition of pragmatic innovation and enterprise agility. Such agility helps ensure the organization’s long-term future by allowing it to respond effectively to the ever more diverse spectrum of activities required by incessantly changing customer expectations and expanding regulation. Driving enterprise agility begins with transparent reporting based on estimates that support effective decision-making, yet many executives accidentally or unknowingly sow the seeds of failure by communicating the perception they require detailed long-term estimates.