Companies all over the world are grappling to find an alternative to the traditional hierarchical structure, so increasingly opting for agile ones. But the transformation has not been so easy for all. One thing that all firms must recognize is that their rivals are not their peers that used to be, but perhaps a syndicate of much smaller ones working collaboratively using digital technologies. ING is an example of a company with a protracted transition period. While it obviously helps to have a proper corporate strategy in place, it needs to be agile and flexible now, to be tweakable looking at business opportunities. In a typical agile setting, the disparate members of a squad need to be huddled together, working on each other’s problems.Executives must always choose one division to make a change, and then swiftly move on to the next challenge as change agents.

Source:https://knowledge.insead.edu/leadership-organisations/three-ways-to-make-your-organisation-agile-8921

Uploaded Date:05 June 2018