Better, Faster: How To Build An Agile Business Posted on : May 07 - 2021

From thriving to surviving and back again, many businesses have worked faster and better in the past year than they ever thought possible before the Covid-19 pandemic. As we accept that change is the only certainty in our future, the challenge for businesses is in sustaining the faster, better model and the competitive advantage.

The answer lies in creating business agility. And this can only be successful if the agility is inherent in the values and behaviors of an organization, reinforcing the culture. Suppose individuals are empowered to be more adaptive, creative and resilient. In that case, these behaviors will transfer into the business, allowing better preparation for the complexity and uncertainty of our new working future.

And the best foundation to build an agile business with is its most important asset: people. Whether the adoption of an agile business model requires a little structural tinkering or a full drastic overhaul, the power of the reaction as individuals experience an environment where they can transform into the best versions of themselves can be life-altering, for both individuals and business.

It's time for some entrepreneurial thinking. Here are some steps you can take to build agility into your business model.

Give your team the freedom to grow.

Fostering an entrepreneurial mindset means that leaders, managers and employees all work closely together, collaborating and communicating as a team. Ideas come from everyone, and there's a clear common purpose and a safe environment for employees to be heard.

Hire people who share similar values, people who have a can-do approach. They will prioritize the attributes that are important to them and, inherently, the business. In essence, these employees will take charge of what the company culture will look like.

Freedom within clear boundaries and a safe environment means more responsibility. Create teams that pursue their own ideas. Ask, "What would you do?" more often. Trust your people to apply their own judgment, and give them the necessary authority to get things done. And be prepared for brilliant things to happen. View More