With the rapid changes and advances in the technology scene, there is a higher unpredictability to the market demands and requirements. Adopting and enhancing your business agility can be key to helping your company swiftly evolve and adjust to the rapidly changing trends. Finding ways to improve this capability can help you stand out among your competitors and succeed in the business world. Here are 10 surefire ways to boost your business’s agility.
1.Set Clear Objectives
The first step to executing agile working in your company is coming up with clear-cut objectives together with important issues to consider. Remember to align your objectives with the overall goals of your company. Below are questions to help you set specific, measurable objectives.
·What benefits are you expecting to reap from embracing an agile working model?
·How will you remain steadfast to agile working across all sections of your company?
·What adjustments will you need to make it work?
·How will it fit into the overall goals and values of your company?
·What value will it offer to your customers?
·How will you help current employees and recruits get used to the new way of working?
2.Build Multidisciplinary Teams
Create agile teams that are multidisciplinary and consisting of talent across product, customer service, technology, operations, and other major components of your business. Your teams should be autonomous, motivated, more engaged, and committed to the shared vision of the company. The best way to achieve this is to initiate more capacity-building programs and encourage your employees to embrace continuous education. If you’re planning to add new talents to your workforce for global expansion, striking up a deal with a globalization partner can really make your work easier.
3.Set Clear Priorities
Careful prioritization is an important part of a successful agile business. As teams complete tasks that are on their to-do lists, new ones emerge. So setting clear priorities can help you decide on what requires your immediate attention and what can be done later.
4.Support Taking Risks and Making Mistakes Fast
Innovation involves taking risks, possibly making mistakes, and quickly drawing insightful lessons from those mistakes. Establish a work environment that encourages continuous innovation by empowering staff to take risks and fail fast because that’s what agility is all about.
5.Nurture a Spirit of Collaboration
Adopting an agile way of working requires your business to change attitudes, habits, and even physical workplaces. It involves encouraging your teams to collectively concentrate on meeting the unique customer need instead of concentrating on their functional silo. It also entails putting in place workspaces that promote flawless collaboration.
6.Empower Your Staff
An agile staff means a faster, effective business. Empower your teams to conduct thorough research and make informed decisions. Don’t dictate commands or micromanage your employees. Instead, be empathetic and work closely with each member of staff or team.
7.Lead By Example
Smart business leaders set an example for their employees to follow. So you should always lead by example by performing your responsibilities diligently. Communicate extensively and frequently while being honest and as transparent as possible.
8.Provide Continuous Value to the Customer
Rather than taking years to deliver a new product to your customers, provide them with a minimum viable product (MVP) swiftly, and then continuously improve it based on their feedback. This strategy significantly reduces time to market and makes sure that the refined product meets customer needs satisfactorily.
9. Adequately Prepare for the Unexpected
Add flexibility to your budgeting and other essential processes of your company to help you adjust quickly to the unanticipated events in your business environment. Although it’s difficult to predict the unexpected, you can nurture an organizational culture that can adapt quickly and efficiently when unanticipated events take place.
10.Generate a Motivating Purpose
Other than generating revenue, your business should positively impact the world. People prefer to associate with and work for companies that know how to balance between making money and making a difference. So ensure your agile teams understand your company’s greater vision by communicating it to them frequently. This strategy will motivate them to work towards helping your organization turn its vision into reality.
Businesses of all sizes can realize long-term rewards by embracing an agile way of working in today’s dynamic and increasingly globalized world. You don’t have to do everything at once. Start small, and before you know it you’ll have built a faster, and more efficient business.
For more impressive results on an international level, work with a competent globalization partner that will adequately guide you through the essentials of an agile team in the specified local market, in which you are willing and able to operate.
By: Andy Latkovskis, an HR Officer who specialises in employee training and development. He is truly passionate about nurturing talent and ideas that evoke transformative change in individuals, teams, and organisations.