Title: Factors influencing agility on start-ups: a TISM approach
Authors: Edrion Chacko; M. Suresh; Aswathy Sreenivasan
Addresses: Amrita School of Business, Amrita Vishwa Vidyapeetham, Coimbatore-641112, India ' Amrita School of Business, Amrita Vishwa Vidyapeetham, Coimbatore-641112, India ' Amrita School of Business, Amrita Vishwa Vidyapeetham, Coimbatore-641112, India
Abstract: Innovation and technology are driving forces in today's corporate world. Start-ups have ushered in a new era of disruptive innovation. They've paved the door for more innovation and better inventiveness. Despite giving funding and technology, a huge proportion of start-ups have failed. The inability to deliver agility is one of the most common reasons for a start-up's failure. The goal of this paper is to recognise the elements that influence the agility of start-ups and to investigate their interrelationship. The study used "total interpretive structural modelling (TISM)" to perceive the interconnections and transitivity of the elements and to examine their interrelationships. The TISM methodology is used to investigate the interdependence of the suggested elements that influence the agility of start-ups. The TISM approach has aided in the growth of a hierarchical structure of the recognised elements, which depicts the dependent factors and driving factors. The methodology is also used to rank the factors based on its impact on start-up agility. The results of the study recommend anticipation, collaboration and training are important driving elements in accomplishing agility in start-ups. The findings of this research will help start-ups investigate the elements that motivate them to achieve agility in their start-ups. This will make it easier for start-ups to plan their processes in order to achieve agility.
Keywords: startups; startup failure; agility; new venture; startups strategies; TISM; total interpretive structural modelling.
DOI: 10.1504/IJASM.2023.130480
International Journal of Agile Systems and Management, 2023 Vol.16 No.1, pp.25 - 43
Received: 22 Mar 2022
Accepted: 07 Jun 2022
Published online: 21 Apr 2023 *