A New Age of Business Agility
‘Agility’ is such an over used word I feel so I am often reluctant to use it. However, given recent events in the markets and the air of uncertainly, there has never been more of a need for a business to be agile.
Market conditions are constantly changing so your business needs to be able to react and change direction as fast as practically possible. Do do this, its important to break down some of the bureacracy and layers in decision making whilst also striving to maintain a unified direction. Tough call.
Managing through change is never easy and its often painful to a lot of businesses. Sadly not all make it through. Agility and the abilty to adapt and change is a vital ingredient for any businesses - credit crunch or not. Think for a second or two about some of the major corporations and institutions and consider, where they started, how they have reinvented themselves. Did they merge or aquire businesses along the way? I can’t think of many businesses that haven’t.
The pace of modern business is constantly gathering pace and the now the pace of change has also been knocked into turbo.
So how will your businesses adapt and survive? How will your inject more agility into your business, yet keep a unified view of the business?
How do you do it now? I know I have my ideas and they are coming soon. But I would love to hear yours.
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically to your feed reader.
[...] Go to the author’s original blog: A New Age or Business Agility [...]