Updated: Jun 1, 2020
Organisational agility is paramount for the success of any given business. Agility refers to the “ability of an organisation to renew itself, adapt, change quickly, and succeed in a rapidly changing, ambiguous, turbulent environment.”
With the advent of technology, unassuming consumer behaviour, and shifting market conditions, being able to change and adapt quickly will give your business a competitive advantage over your competitors. Of course, you don’t want to lose relevance and will want to remain steady in an increasingly volatile, uncertain, complex, and ambiguous world.
That said, below are four effective ways that can help boost your organisational agility for your overall business success.
1. Inculcate the value of growth and learning
Your business should always inculcate the value of growth and learning among all stakeholders involved. This means that leaders should continually improve and develop talents from within the organisation. There should be constant coaching and training programs and also collaboration and innovation between leaders and talents, all in the pursuit of growth and learning.
2. Operate according to your core business values
Every business should establish core values in the organisation, and each member should be encouraged to uphold these values at all times. In fact, these values, ideals, and philosophies are a reflection of what your business is all about. They serve as guiding principles for the decisions that you make and actions taken by the whole workforce. Every member, business process, and business operation should be anchored from the core values of your business.
3. Determine and take advantage of opportunities
Some of the best companies are quick to determine opportunities and take advantage of them, which is why a part of any given organisation is research and development. This department continually seeks to study the industry, the competitors in the field, and how the company operates as a business. When they see major opportunities, they can quickly grab them or implement business processes aligned with these opportunities. When it comes to recognising opportunity, each member is empowered to make decisions, take accountability, and drive business success.
4. Have a relentless pursuit of purpose — more than profits
It’s given that most companies out there are more profit-oriented than purpose minded. They put much emphasis on numbers and figures and aim to bring more profits to their companies. What many businesses fail to realize is that they play a vital role in humanity and even the environment.
When your company creates a shared sense of social purpose, you will resonate with the audience, and you’ll thrive more in the long run. In the end, it’s the companies that help people and the planet that will succeed in their respective industries.
Ultimately, there’s true value in building your organisational agility in today’s modern business world. As a business that always aspires to thrive and succeed, consider the four valuable tips to boost your organisational agility by considering the following key factors — growth and learning, core values, opportunities, and purpose over profit. All these will make a difference in your business and take it up the notch!
If you’re are looking to learn more about Organisational Alignment and Agility in Melbourne and Sydney, get in touch with us today to see how we can help. We're a full-service organisational alignment and leadership uplift advisory firm, offering everything from strategy definition to organisational change, to facilitation and training.