Why Agility is Necessary for Your Company's Survival
Why would you practice agility, when planning is key in the corporate world? Did you forget about Covid? How overnight, everything flopped? Or what about when the economy crashed in 2007-2009? We were losing money faster than we could even count it. 9/11 was a time of real uncertainty not only for our safety but economically as well! These are all relatively recent examples that require us to be flexible and agile. A recent article gave some key points for companies to focus on, to help them be more agile:
- Be Strategic About In-House Departments
- Reduce and Focus on Priorities and Goals
- Lean into Harmonized Retail
- Make Agility a Recruitment Focal Point
- Maintain an Agile Mindset
- Lead by Example
I have a favorite from this list...I know you aren’t supposed to "have favorites”... but I do. Lead by Example.
This is everybody’s favorite thing to say, and it’s no different in business. However, I think there are some great points to it. And – I'll even give you the best ways to implement it. Transparency, simplicity, and adaptability.
Transparency – You should strive to be beyond communicative. If you think you’ve overcommunicated, you’ve probably hit it right on the head. Make sure you're communicating different changes, and are extremely transparent with everybody’s roles. Nobody needs surprises!
Simplicity – Being an agile company means keeping things simple. Keep your systems easy to navigate, make hiring an uncomplicated process, and be sure to keep meetings straightforward. Your employees will be able to focus on the key points you’re trying to make.
Adaptability – Being adaptable individuals, will translate to an adaptable company. If you can adapt to the economy, changes in your marketplace, new competitors coming in, new employees, or a new market of customers you’ve never worked with, you can be an agile company!
Being an agile company means being prepared. You're ready for anything the world will throw at you, and confident your company can survive through them. What happens if your employees don't want to change a system that already works? They won’t, so it takes a leader, someone they respect, to start the movement. Once they see it working smoothly for you, it’s far more likely that they’ll follow in your footsteps.
Use your business acumen tools, to clearly communicate your thinking to your employees, and be adaptable in the way you shift the business. If you lead an organization that respects you, they will trust you and follow your example.
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