Corporate culture will need to be both resilient and agile

Corporate culture will need to be both resilient and agile

Corporate culture will need to be both resilient and agile

Staying agile in a turbulent world – Corporate culture will need to be both resilient and agile

Staying competitive requires adaptability

As the economic recovery takes hold, leaders might be tempted to breathe a sigh of relief and ease up on the pace with which they have been driving their organizations. However, doing so – although appealing – could have disastrous consequences.

Organizational agility: An organization’s capacity to identify and capture opportunities more quickly than rivals do

Market turbulence did not begin with the fall of Lehman Brothers, and it will not end when the global economy recovers.

In a world of constant change, turbulence will continue to increase. All this uncertainty poses a tremendous challenge on organizations. To respond effectively, leaders must build agility into the fabric of their organization.

Quickly respond to changes

Organizations that keep a careful eye on what’s changing their business environment and that can then quickly respond to those changes will have cultures that put them at a competitive advantage.

At the same time, certain features of corporate cultures will need to be dependable, such as a commitment to key values.

This will allow employees to maintain a sense of equanimity and stability amid turbulence, and it will allow the organization to stay resilient even when it takes a psychological or financial hit in the marketplace.

There will likely be solid metrics that gauge both the agility and resilience of organizations.

Comic - New Corporate Culture Fast

Agility is critical to business success – Success means becoming an adaptive organization

In turbulent markets, organizational agility, which can be define as the capacity to identify and capture opportunities more quickly than rivals do, is invaluable.

Building organizational agility requires management and leadership focus. The ability to cultivate and maintain agile corporate cultures will have to become a standard component of leadership development programs. At the same time, someone or some team will be made responsible for tracking the “state of the culture.”

Organizational culture may be complex, but the benefits of a strong organizational culture are clear

Ultimately, this responsibility for for developing, maintaining, or “fixing” a culture will probably be most effectively executed if it is the duty of some larger group, such as a cross-functional team of executives.

Every organization has a culture

Virtually every organization has a culture, whether or not leadership wishes to admit the fact. So don’t leave it unattended! – corporate culture are likely to become even more critical in the future!

Short URL & Title:
Corporate culture will need to be both resilient and agile — https://www.torbenrick.eu/t/r/dkq
Share it:
If you enjoyed this article, please take 5 seconds to share it on your social network. Thanks!

About The Author

Torben Rick

Experienced senior executive, both at a strategic and operational level, with strong track record in developing, driving and managing business improvement, development and change management. International experience from management positions in Denmark, Germany and Switzerland.

Add a comment

*Please complete all fields correctly

Related Post

When organizational culture needs to change - Changing organizational culture
Posted by Torben Rick | March 13, 2017
The rise and importance of shaping organizational culture – Recognizing the need for organizational change When has the time come to fundamentally change the organizational culture? When losing its market-leading...
overlooked factor in increasing employee motivation
Posted by Torben Rick | March 7, 2017
The art of motivating employees – Employee appreciation matters A key factor in increasing employee motivation that often are overlooked: leveraging the social aspect of work. Interactions with the beneficiaries of one’s...
Say goodbye to change management
Posted by Torben Rick | February 20, 2017
Change is now new the rule, not the exception – Say goodbye to change management Is the old change no longer suitable for a complex and highly dynamic business world?...