Enduring industry dynamics through agile business strategy

This paper is conceptual in nature, aims to discuss the phenomenon of globalization in ICT industry and its strategic implications. In this context the paper specifically studies two firms- an Indian MNC, HCL and American MNC, CISCO who have made forte in their respective field. The study aims to explore strategic propositions of these two ICT companies that has exhibited agile strategy phenomenally. Also, an attempt is made to explore the strategic approach of other contemporary firms in order to have critical observations laying down conclusion. It suggests that distributing assets from existing activities and redeploying them to new opportunities is foremost imperative in contemporary business environment; the technological trend is seen departing from traditional stand while adopting tactical and innovative approach for agile business intelligence. MNC (multinational corporations) executives ought to map their worldwide competency scope, accordingly, divesting redundant business and build astuteness to adapt future challenges with agile strategies.