Companies need stability to achieve consistent profits. Markets are not always stable, but it’s easy for businesses when there isn’t much uncertainty about what will happen next with the economy or industry-wide prices stabilize enough so that you can make your profit objectives without too much worry of losing money.
The world doesn’t function as we’d like it to though and there’s always some level of uncertainty that can impact profits. You must be prepared for change and have the ability to adapt quickly to new situations. Agility is key for businesses, so they can survive and thrive in ever-changing marketplaces.
The successful businesses of today are those that thrive in times where everything seems to be going against them. These organizations have one thing in common: agileness or the ability, like soccer players who know how far they can push their limits without overdoing it on either side (acceleration/deceleration), then precisely adjusting; accordingly, these savvy business owners also understand when enough is enough.
Begin with people, processes, and technology
People
We all know that people are the most important element in any business. But, if you’re looking for someone who can help transform your company from what it currently is into something more agile–something with growth potential and stability at its core then there need to be some changes made within how hiring practices operate too.
To build an organization that’s primed for agility, it all starts with hiring the right people–those who are comfortable with change and see it as an opportunity to grow and improve.
Processes
Agility requires process changes too. The goal is to simplify things as much as possible so that the company can move quickly when change is needed. A plan can be 70% planned and 30% but knowing your typical mix ahead of time makes reacting quickly easier.
To ensure that your processes are agile, follow these guidelines:
- Introducing agility and scalability to your business process will allow you to pivot quickly in the direction of the greatest opportunity.
- Categorizing your work will help you plan more effectively and execute with greater speed.
- Bringing the right people into the right positions ensures that changes will be made smoothly and without disruption.
- Previous attempts to pivot quickly were slowed by factors such as inadequate planning or lack of support from management Technology
Technology
Agility also requires the right technology in place. This means having a robust CRM system that can help you track customer data and trends, as well as a project management tool that will allow you to keep tabs on all the moving parts of your business. By having the right technology in place, you’ll be able to move quickly and efficiently when change is needed.
Collaborate for success
Agility is important for businesses of all sizes. It allows you to adapt quickly to new situations and weather any storm that comes your way. And it all starts with people, processes, and technology.
When you have the right team in place, the proper processes in place, and the right technology, you’ll be well on your way to being an agile organization that can take on anything.
If you’re looking for help transforming your business into an agile organization, then reach out to us at FirstCall Consulting. We have the experience and expertise necessary to help you get where you want to be. Contact us today for a no-obligation consultation.
