Put Up Your Dukes – Let’s Bob & Weave
Are you ready to do what it takes to win? Doing things, the way you’ve always done them just doesn’t work in today’s business world. What works best is agility! How does being agile impact the bottom line?
All good questions, but far too many businesses operate out of old paradigms that just don’t work in today’s world. Considering the digital revolution; every-changing priorities; the Internet of Things; democratization of information; complex collaborations; and the tightening quest for talent, companies stuck in the old way of doing things are sure to be left behind.
On the other hand, companies able to bob & weave their way through the complexity of today’s fluid business climate, will come out winners. According to McKinsey & Company research, agile companies have a 70 percent chance of being in the top quartile of corporate health, the best indicator of long-term performance. These companies also benefit from greater customer focus, higher revenue growth, lower operating costs, and a more engaged workforce.
Five Basic Features of Agile Companies
- There is shared purpose and vision, flexible resource, allocation, and actionable strategic guidance.
- The company has a clear, flat structure with accountable roles, active partnerships and a robust virtual environment.
- Action-oriented decision-making, continuous learning environment, and performance orientation.
- Employs dynamic staff that have role mobility, entrepreneurial drive, and work cohesively.
- Embrace next-generation technology and delivery systems with evolving technology architecture, systems and tools.
As an innovative entrepreneur, it is my belief embodying these features of agile companies requires a mind-set shift. A company that understands that co-creating value with and for their stakeholders recognizes the opportunities and resources available. Additionally, regularly scanning the environment is important to the allocation of resources. In this rapid cycle model, focus on rapid iteration and experimentation designed to deliver a specific set of deliverables and promote team functions.
Of course, it all boils down to passionate, innovative, competent leadership as well as empowered employees with entrepreneurial drive. Dynamic companies stay agile so they can bob and weave their way through the opportunities like championship boxers.
Michael A. DiManno is a thought leader and entrepreneur with over 30 years experience of innovation and fast growth with startup companies in Technology, Insurance, and Employment, or as he calls it “TIE” Services. Mr DiManno founded EmployEnsure, LLC (EE) a holding company and incubator for developing “cool stuff” for clients not being served by traditional “TIE” industries. He currently serves as CEO of EE’s signature brands: Samuel Hale and TalentHire.
Michael is a writer and speaker for entrepreneurial groups as well as “TIE” industries. He also supports his wife Debbie’s non-profit, Cour Training, which helps teens survive and thrive in the modern era of constant connection. They have raised 4 children and live with their two Rhodesian Ridgebacks in Northern California.
For more information, contact Mike directly.