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Organizational Agility and Its Benefits

Organizational Agility and Its Benefits

Assessing a company’s quality can be done by considering its agility. Agility involves not only the ability to adapt, but also the capacity to renew itself, adjust quickly, handle ambiguity, and cope with shocks that may impact the company’s state. By prioritizing agility as a core value, a company can reap numerous benefits. Companies can achieve many benefits by developing agility in their systems. For example, employees can improve their work performance due to the stability of the company, while customers will also appreciate the trust, loyalty, and satisfaction that come with it.

Forms of Organizational Agility

There are various ways in which agility can manifest within a company, including portfolio agility, operational agility, and strategic agility. Each of these three capabilities serves a distinct purpose for the company. The company’s portfolio agility refers to its ability to effectively allocate resources in order to improve. A company’s operational agility refers to its capacity to quickly adapt to changes or seize new opportunities to improve efficiency. Meanwhile, the company’s strategic ability lies in its capacity to adapt and gain a competitive edge by creating cutting-edge innovations.

The Benefit of Organizational Agility

Implementing an organization provides numerous benefits, especially in terms of agility, which has a significant impact on internal affairs. Here are some benefits that your company can experience with organizational agility.

1. High adaptability

With the rapid development of technology, the business world is undergoing significant changes. Many conventional practices have been replaced with technology to enhance the quality of business operations. Thus, companies need to keep up with current developments while also maintaining old traditions or habits. By fostering organizational agility, companies can stay abreast of the changes that may occur. This means that all employees need to continuously adapt to the evolving systems and market changes.

2. Possibility of enhancing the company’s profitability.

The agility of a company’s system has a significant impact on the effectiveness of work as it ensures that every employee understands their responsibilities. By working efficiently and having a clear understanding of their duties, employees can easily identify new opportunities and keep up with existing product or service trends. As a result, when employees succeed in developing a product or service ahead of their competitors, the company has a greater opportunity to increase profits.

3. Reducing employee turnover rates.

Employees often stay with a company because they enjoy the challenges that come with their work. By promoting agility and encouraging innovation, companies can reduce turnover rates. When faced with challenges, employees tend to take more responsibility and become more engaged with their work, which ultimately benefits the company. Additionally, reducing employee turnover can also help reduce costs associated with training and development of new resources each year.

Tips to Increase Your Company’s Agility

Many companies need help with increasing their agility, often due to a lack of understanding about how to do so. This can be further complicated because the process is often hidden within recruiting or training efforts. Here are some simple tips to help companies improve their agility.

  1. Help employees strengthen and balance their mindset at work.
  2. Recruit individuals who possess skills, such as creativity, curiosity, and collaboration that align with your company’s requirements.
  3. Employees can stay motivated when they have a clear understanding of the company’s vision and goals.
  4. Teams should have expanded opportunities to collaborate, leading to unlimited innovation and self-development opportunities for employees.

As a recruiter, you can take advantage of technology to attract the top talents. With AI-based innovations, recruitment systems have become more efficient. That’s where Shortlyst comes in. Our platform helps you increase your company’s agility by connecting with your ATS provider, creating an ideal hiring pipeline, accelerating your workflow, and boosting your productivity to screen the best talent. You can also enhance your candidate profiles and stay up-to-date with the latest information. Give it a try for a more seamless experience!

Written by

Shortlyst Team

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