Our previous post shared insights as to why organizational agility is so important. The question is, how can an organization intentionally become more agile?
When “organizational agility” is mentioned, the word “entrepreneurial” is often bandied about, but that’s not exactly the same as an agile organization.
Not all entrepreneurs are very agile, and an organization full of entrepreneurial types may too often go it alone and fail to leverage the organization’s knowledge and capabilities to make the most of the developing opportunities. But it is easy to see why entrepreneurial is
associated with agility, because vision, leadership, rapid decision making, and an intense customer focus are all necessary for agility.
Alternatively, organizational agility is the ability to identify the developing threats and opportunities to our mission and to quickly align or realign resources to thrive in the new environment.
It requires these two components:
- The ability to see and understand the external developments and what they will mean for us
- The ability to quickly adapt our resources to leverage the emerging opportunities and to avoid the looming threats.
These two key abilities together provide a profound competitive edge in an era of vast and accelerating developments and enable an agile organization to thrive.
That said, to develop and gain agility, leaders must build in their organizations four enablers:
- Fast and effective information flows
- Strong teamwork
- Relentlessly streamlined and simplified processes
- Flexible investments.
We will take a closer look at each of these enablers in our next post.