Change is the only way to remain constant. This is the nature of life. It same goes for being in the business. Today the change of business landscape may or may not unprecedented by the executives, but surely spectacular. If you’re feeling restless at the speed of change, buckle up, the pace of change is only going to get faster. For most of the business, rapid change works like a double-edged sword – a threat or an opportunity particularly for small business if it’s not handled in a proper way, things can easily spiral out of control.
Many organizations have been adopting agile methodology as their guiding beacon in bringing their business into the digital transformation. The methodology which was first introduced to serve the software department but has since been embraced by other industries. As one of the leaders behind McKinsey work said that agility only works when dynamic capabilities and stabilities come together. If your company has the ability to make the right move fast, be responsiveness and flexible in every situation but doesn’t have a strong foundation to withstand a temporary problem, you cannot be agile without some sense of stability. The question is how can small business go agile?
For small business to go agile isn’t just a thing that relates how agile is the business owners with their movements, it’s a process that gets people to collaborate on a project. I could understand It is a strenuous task to convince people you work with to move to an agile model, especially if they’ve been working in a traditional way. However, if your business eager to strive moving forward in the age of disruption, it is time for you to address the elephant in the room.
Adapting may be sound daunting but it’s not impossible for small business. In any transformation whether in a big or small scale of business, is a journey requiring a commitment to adapt, regular reflection, and practice. The crux of achieving Agility business methodology is about taking stable and incremental steps to build up rather than a one-fell-swoop delivery.
The journey for small business to go agile begins with 3 actionable steps:
Unravel the best potential of your team
Employees are the biggest asset to the company. As a captain of the ship, your words make a huge difference. Acknowledging and recognizing employee’s hard work will help to build up long-term success. In fact, as a human being, we all like to be valued and be appreciated for our efforts. But we also like to be understood. Business owners need to take into consideration that you are dealing with human beings, you must take them with their pluses and minuses. To show care It’s not about texting them some messages or emails but it is to meet them in person to create a deep sense of team. Although technology has changed the way we work and communicate, the face-to-face conversation still by far the most powerful tool to get people engaged. According to a study by Harvard Business Review, face-to-face interactions are 34x impactful than emails. People who work together will feel more connected as being part of the team after they actually meet.
Agility needs to be practiced and demonstrated from the very top. Moving from “me” to “we” by making sure they feel important in their role and foster an environment in which allow team members to make mistakes, contribute ideas and participate in decision making. Make this as the important element of your company culture and instil psychological safety and this will definitely motivate your employees to bring out their best.
Place the right person into the right seat
You can’t bang the square peg in the round hole – many small businesses often make this mistake – hire the wrong person for the role. In result, the cost is far exceeding the impacts of lost time that spent on the recruitment process, as company can potentially experience a decline in productivity and motivation among the team members. But what’s the worst case? Keeping the terrible team player.
In small business, business owners and employees are required to wear multiple hats in order to deliver exceptional value and fulfill obligations to their end-user. Thus, each and every employee carry much weight in business operations and growth. Having the right individual who has the ability to learn and grow has become a key indicator of effective leadership and often deliver better business results. It comprises of two core elements – mindset (e.g., openness to learning, curiosity) and a set of skills (e.g., take initiative to ask questions)Therefore, agility is influenced by both genetic or environmental factor which indicates that hiring talents who born agile( adapt, learn, think fast)–but can also be improved through training.
Staying in this unrelenting world, leaders can expect a future defined increasingly by disruption and the embrace of change is inevitable. The agility often comes from having the right person into the right seats who will not only bring ideas to fruition, but businesses can also look ahead to a period of unprecedented growth.
Streamline business operations with technology
Responsiveness to change is one of the most highlighted benefits of agile marketing. There are numerous challenges will be faced by the small business at the beginning of the road. The main issue that small business often comes across is the lack of manpower. As many small businesses still at the beginning of the road are coming out of the run because of the turbulence in the market. The advances of technology have been accelerating the speed of marketing change, quick response to variable customer demands has become one of the survival kits for businesses.
That’s where the digital tool comes into the picture-the type of tool not only facilitates faster and more effective communication between customers and cross departments but if fosters something an agile business needs: collaboration. Businesses can’t afford to lose any sight that collaboration is the essence of what agility means in order to elevate productivity and efficiency.
When comes to rebuilding or reorganizing of the company, there is always a saying in baseball: a step in the right direction is far more important than one big step. It applies equally to business in this ever-evolving environment. It does not take many small steps to leave an enterprise substantially well-equipped if the steps are all on the right path. Over time, a small step in the wrong direction will be magnified many times.
Driving the pace of change in business must be relentless and tenacious in it. Only by doing so will you ahead of the curve and make an impact on others you always dreamed about.
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