Agile Organizations – New Principles in Corporate Governance
Although there is no real definition of the term «agile organization», some companies – such as Spotify and Netflix – are seen as role models, setting the standard for now. But one-to-one imitation of these role models won’t necessarily work for all companies. Our experience shows that a more differentiated approach that adapts to the different areas of an organization, tailors the agile principles, and combines agile with lean (they have the same foundation anyway) works much better. This way you really end up with an organization that is adaptive, fast-evolving, quicklearning and efficient – deserving the name «agile»!
Among other things, three main disruptive trends are making this agility essential by playing an important role in challenging the existing way of organizing and managing a company:
- Changes in the operating environment have accelerated significantly, reflecting the fast-evolving demands of all stakeholders: both customers and regulators have urgent needs and requirements, investors and capital markets are pressing for growth, and competition is forcing companies to adapt quickly.
- Digitalization and disruptive technology – Established companies and industries have already been replaced by competitors harnessing digitization and making innovative use of new models and automation.
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This article outlines the facets and basics of agile organizations