After two very disruptive years in the world of business, agility and transformation are at the forefront of our minds for 2022. If the pandemic has taught us anything, it’s that being able to move a whole business in a new direction at short notice is a huge advantage and can set you apart from your competitors, helping your business thrive. It means that you can quickly respond to market changes and seize new opportunities.
There are five key objectives to ensure that your business achieves the agility and transformation required in 2022.
- Trim and adjust your operating model.
This is where you take a close look at your current operating model and understand the parts that are obsolete or inefficient, so that you can let them go. Decide where your focus needs to be to pave the way for more dynamic growth
- Ensure agility in your people
An agile working environment means that employee performance will be measured by output, productivity and creativity, not in hours worked. Showing that you can trust your employees to do their job is key to promoting a satisfied and productive workforce and should also help drive inclusion and retain talent within the business.
- Keep your finger on the pulse
Businesses need to have a clear understanding of the changing market requirements and patterns – particularly while we are still in the midst of the Covid-19 pandemic. In order to stay agile, assessing competitors is also important – thinking about their products, services, changes they are making and how they are growing can be helpful to deciphering the transformation your business needs in 2022 and how can this can be achieved.
- Define your business priorities and goals
Transformation doesn’t happen without a clear and decisive plan. An agile organisation seeking transformation needs to understand the changing market and use this information to make a clear plan. This should include both short-term and long-term goals and should be used as a roadmap for the business to achieve the desired changes within the timeframe.
- Solve any issues before they become problems
Agility and transformation can be a challenge when there are unsolved existing issues within the company. Be prepared to find and resolve these before attempting to undergo any drastic transformation. Problems within management, workforce, operating model or any other area could be a hinderance to the agility an organisation is seeking.
Change has always happened but the pandemic has forced business leaders to adapt and make decisions faster than ever. This is why agility and transformation have become key for organisations to survive and thrive.