Startups

What Does It Mean to Be “Agile?”

  • 5 min Read
  • November 19, 2020

Author

Escalon

Table of Contents

Businesses across local and global landscapes are increasingly adopting new technology and innovative models to function. With this continuous advancement, it’s crucial to act fast; to be “Agile.”

“Agile” is a term used to describe the ideal leadership model, and “agile leadership” is about clarity, foresight, nurturing a collaborative work culture, responding quickly to new market changes, creating business goals, and planning strategically. People and organizations that are agile can handle alterations and the uncertainty of business, allowing them to pivot naturally when necessary.

Agility starts from the top of an organization. An agile mindset enables business leaders to more critically analyze situations, know which concept, idea or process isn’t working, adapt to changes, and even capitalize on failures. Agile leaders inspire the other members of the organization and help them reach their highest potential at work.

Listed below are a few traits of agile leaders.

Maintaining Clarity

Highs and lows, profits and losses, successes and failures, uncertainties and challenges are part of any business. In the face of complexity, an agile leader will have the mental clarity to distinguish when and how situations are fluctuating. They have the ability to arrive at a decision from their experience, and can apply their intelligence and prudence to solve problems and achieve growth.

An agile mindset means you are self-aware and understand your greatest strengths, fears and weaknesses, paired with constant reflection and awareness of market and customer needs. Through this, you’re better positioned to identify risk and whether a change or innovation is necessary for the business to flourish. Clarity will help solve problems and inspire others to believe in a vision and work as a team to achieve it.

Believing in Growth

Agile leaders aren’t disappointed with failures and blunders. They typically have a positive attitude instead of viewing setbacks as dead-ends. It helps them learn, evolve and apply new strategies for business growth in the long term. This kind of mindset enhances innovation, creativity and productivity, helping entrepreneurs overcome roadblocks on their business journeys.

Collaborating with Others

Agile leaders possess the skills to adapt to circumstances that suit evolving business and customer expectations. They understand the needs and concerns of consumers and employees, and the value they bring to the business. In everyday situations, they can read and respond to each member of the team and relate to them. Their clarity of mind and emotional intelligence make them well-equipped to take risks and lead efficiently. They believe that by being active listeners and empowering others to find solutions, they can deliver results, perform their best during uncertainties, and build stronger relationships with stakeholders. Motivation plays a key role in their way of managing people, while fostering a positive workplace environment.

Practicing Flexibility

Leaders with an agile nature tend to make decisions promptly and without a second thought. This comes in handy when decisive actions are necessary. Sometimes, when you go through a decision, you need to pause, rethink and restrategize your plan of action. A leader with plans set in stone could face issues in today’s scenario when market dynamics change by the minute. So, to execute strategic plans, it’s necessary to keep a certain amount of flexibility in your execution. Every idea needs to be tweaked occasionally, or the business is at risk of failing in real-world situations. Thus, flexibility facilitates strategic execution.

Inspiring and Cultivating Creativity

A leader who wants to get the best out of their workforce will always keep tabs on how they feel, and react to the stimuli of work and the accompanying pressure. An agile leader will always encourage creativity among colleagues and inspire others by their own example. It’s no secret that fostering creativity among your workers will always result in benefits to you, your business or work environment. Many companies have initiated programs to encourage their people to come forward with ideas on how to better their work environments.

Taking Risks

Sometimes, risk is necessary to achieve greater results. However, do you jump headlong into every risk that is presented to take your case further? The answer should be a resounding “no.” Calculated risks should be the norm, wherein contingency plans are frequently discussed and implemented. As a leader who has their finger on the pulse of the market, at times you will not be able to escape a risky situation. However, planning ahead is the key.

Agility is the new norm in today’s business and industry world. However, it might have some drawbacks as it can be a little difficult at first to implement. Most agility plans will have to be implemented from end to end. You cannot follow certain processes in one part of your business and using archaic programs in another. There will be no cohesion among your departments, resulting in greater friction among the team.

You should also remember that the same formula doesn’t apply everywhere. You cannot just lift plans and processes from one project to another. To be a fully capable agile organization, you have to be agile from top to bottom. Agility across the organization can be achieved only when leaders have a growth mindset as well as an attitude of flexibility.

Talk to our team today to learn how Escalon can help take your company to the next level.

  • Expertise you can trust

    Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.

  • Quality and consistency

    Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.

  • Scalability and Flexibility

    Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.

Contact Us Today!

Tap into the latest insights from experts in your industry

Nonprofit

AI and Automation for NonProfits

Nonprofits enter every new year with fresh goals, renewed fundraising targets, and a strong desire to increase impact. Yet many of these...

Accounting & Finance

How Outsourcing Financial and Back-Office Operations Saves Time

For many companies the promise of growth often collides with a harsh reality: the endless burden of back-office operations. Payroll. Accounting. Compliance....

Taxes

The Hard IRS 1099 Deadline Is Closer Than You Think

Every January, companies promise themselves that this year will be different. Paperwork will be completed earlier. Vendor lists will be...

Accounting & Finance

The Risks Of Missing A 1099 Deadline 

For many business owners, 1099 season brings a familiar mix of urgency and anxiety. No matter how organized your books may be,...

Leadership & Growth

Common Hiring Mistakes Startups Make  

Hiring is one of the most critical decisions a startup can make. The right team can accelerate growth, drive innovation,...

People Management & HR

Top HR Compliance Risks That Can Derail Your Business 

Top HR Compliance Risks That Can Derail Your Business  For growing businesses, human resources compliance is often an afterthought, until...

Taxes

Strategic Tax Moves to Make Before December 31 

As the calendar year winds down, businesses have a final opportunity to make financial decisions that can significantly impact their tax liability....

Recruiting

When to Hire In-House vs. Use an Outside Recruiting Partner 

When to Hire In-House vs. Use an Outside Recruiting Partner  Hiring is one of the most important investments a growing...

Accounting & Finance

Year-End Financial Planning Checklist for Growing Businesses

Year-End Financial Planning Checklist for Growing Businesses  For growing businesses, the final quarter of the year is more than a...