The urge to be agile doesn’t come from anywhere. It is a natural response to the constant change in our business and technology environment. The ability to adapt to these changes and make quick decisions is essential to thriving in the marketplace.
The need for organizations to be agile has never been more crucial than today. With the advent of the digital age, organizations have entered a digital revolution. This has impacted the way they operate and the way in which they can compete. To thrive in this new environment, organizations must change and adapt. However, the difficulties and challenges that come with this change do not just have to do with the technology or the way in which an organization runs. The entire organizational culture has to adapt as well. In fact, organizations that are more agile are estimated to have up to a 40% higher return on investment.
How To Make The Organization More Agile
There are a lot of advantages of adopting an agile culture for the business. Here are a few ways to make the business more agile by adopting agile tools and thinking.
Implement a Culture of Collaboration
“Agile” is a buzzword that has infiltrated the business world. But what is it? It is a process where you and your colleagues work together to make decisions and create plans that work. In order to do this, you need to focus on your environment. When you do this, you will empower your colleagues to be more proactive in their work rather than waiting for you to make the decision. You need to raise the level of collaboration within your organization to enable the business to adapt and meet its customers’ needs.
In large-scale businesses, it takes a lot of time and effort to keep track of the hundreds of things that need to be done. With so much going on, it is easy to end up lost in a maze of tasks and never achieve your goals. The idea behind agile management is to make sure that you are not wasting valuable resources on tasks that don’t help you reach your goals. To do this, you need to establish priorities for each task, and make sure that each priority is met.
Hire For Cultural Fit
Even if you have a great, unusual, and innovative idea for a business and are certain it will work, you still may not get your idea off the ground because of the cultural barriers. In a world that has so many great ideas, why not allow those ideas to be implemented by the most qualified and capable team.
Managing your culture is about listening to what your employees need. It’s about creating a collaborative environment where employees can ask any question and receive the appropriate answer. Culture hires are the glue that holds your organization together.
Prepare For The Unexpected
Although it may sound bizarre, companies should prepare for the unexpected. For instance, on the day of a devastating natural disaster, a company may be able to respond quickly and begin selling products again. However, if a competitor launched a new product in the same sector, that same business could suffer. Additionally, if a major retail store downsized, each of the store’s biggest competitors would be affected. Therefore, by preparing for a disaster, a corporation can be better prepared to react and respond to any unexpected events that are sure to come.
By implementing agile culture, any business can reap multiple rewards especially in the present compelling and increasingly globalized world. Always remember that becoming agile means expecting, accomplishing, and embracing change.
To know more on how to reshape the organization to become agile, attend the Compliance Prime webinar.