Agile and speed

The digital business journey and it’s associated technologies is having a huge impact on business, it’s economy and society in general. Think of the growth of companies like Amazon, Facebook, Apple, Google and scores of others. One just became the first trillion dollar business. It is all very stunning.

And … it is happening at warp speed. The pace of all the change is either impressive or frightening. Perhaps it is both.

It doesn’t seem like a steady evolution any longer. Maybe it never was and that was just our naive hope.

The new normal seems to be exponential growth. That has real world consequences for us all.

• This speed is contextual and felt differently across various industries.
• It goes hand in hand with the role ‘new technologies’ can play in the specific types of businesses, the market conditions, the types of customers and stakeholders (and go-to-market approach) and so much more.
• Still, speed is crucial in more than one way. There can always be an organization in any industry that sees and grasps the opportunities competitors don’t.
• In some parts and functions of the business a lack of speed just isn’t an option, regardless of industry.

Some questions to think through are:

• What is the rate of change that you and your team can manage today?
• How can you “pick up the pace”?
• What will happen if you don’t speed up?
• Will that create the kind of growth you need to see in your business?
• Are you ready to change the status quo?