Startups Should Make ‘Agility’ Work to Meet Business Goals 344

Startup

The world of work is changing rapidly and if your startup going to keep up, it needs to be agile. Here’s how to get used to change and keep your organisation relevant as the world of business changes.

Startup
Asther Rathod, People and Culture Manager, Karkhana.io

Agility is gaining popularity and its transformative benefits are becoming more widely recognised. However, transitioning to an agile operating system is difficult, especially for established businesses. Although there are various ways to implement agility, which involves extensive implementation changes.

Being agile is a trait shared by all organisations that survive and grow. By creating an agile workplace, a successful organisation can forecast when to bend, pivot, and alter to accommodate demands. Being adaptive, seamless, competitive, evolutionary, and innovative are necessary for business agility. Creating an agile workplace is the first step towards change.

Also read: Committed to improving our gender ratio, especially in the middle and senior management roles –Sankar Bora, Founder and COO, DealShare.in

“Being agile is a trait shared by all organisations that survive and grow. By creating an agile workplace, a successful organisation can forecast when to bend, pivot, and alter to accommodate demands.”

As new technological breakthroughs appear virtually every day in the business world, market dynamics are frequently prone to rapid change. People’s wants vary as they seek better options, and organisations adapt to meet these demands to maintain a long-term market share presence. But how do you do it? The answer to this perplexing question is agility.

Agility has become one of the most widely used techniques for running businesses and managing projects in today’s world, regardless of industry. Companies have realised how being agile is benefiting organisations globally.

Companies providing agile workplaces see a 60 percent increase in revenue and profitability, according to a Harvard Business Review report. Another result from the Annual State of Agile Marketing Report – 2020 shows that 53 percent of agile marketing teams can release items faster, and 51 percent can shift gears rapidly when feedback requires it.

Why is having an agile environment vital for your company?

You can see the value of an agile model for any organisation in the benefits it provides, making it easier for executives to manage change and complete projects efficiently. Let’s have a look at these advantages:

  •   Products of higher character

Agile teams invest in testing their goods frequently. Every time you discover a flaw during testing, it is promptly corrected, and the product improves. Your customers are also involved in all aspects, ensuring that their opinions and suggestions are incorporated into the teams’ work. It ensures no quality jeopardising, and we may anticipate significant improvements in quality.

  •   Ensures customer satisfaction

Agile teams collaborate with customers to define the minimum viable product – collaborating with the customer throughout allows the team to confirm their grasp of the issue. It ensures the team is focusing on the most pressing issues. Continuous feedback helps in gaining customer confidence and builds trust to ensure the longevity of the business.

  •   Transparency is the key to success

Transparency implies that everybody in the organisation is aware and focuses on business excellence and process improvement. As a result, leaders are able to prioritise and focus on new innovative ways of doing business.

How can startups make ‘agile’ work?

It is a time-consuming process to transform a legacy organisation into an agile one. Startups are way more flexible to change and can quickly adapt and evolve. As a result, the first question any ambitious startup should ask is if it is a revenue-driven, product-driven, or tech-driven company.

Every recruit requires investment in both diversity and education. Make sure that everyone in your startup understands why it needs to be agile. - Asther Rathod, Karkhana.io Click To Tweet
  1. Establishing the right culture mix

You began with a simple team, and your agile method seemed to work. Your firm is gaining traction and receiving additional money, and your investors are urging you to hire more personnel, primarily “senior individuals” from larger companies. Hiring personnel from (legacy) organisations will not allow culture to “evolve.”

Every recruit requires investment in both diversity and education. Make sure that everyone in your startup understands why it needs to be agile. It is not something that you can accomplish by distributing leaflets. It can only succeed if everyone in the organisation understands the broad vision and believes in it.

  1. Pose pertinent questions

“Why?” is a question you should always ask yourself. Is it because of the advantages? Or because you think there’s a disconnect between what your customers anticipate and what your staff delivers? The agile mentality ushers in the essential shift for outdated software development methods to give way to new ones. When you understand “Why,” it’s much easier to go on to “How.” During this process, you can develop fresh ideas and clarity. It will assist you in determining the credible reason for this transition and assisting you in achieving it.

“Communication is critical to the success of an agile transformation. Build open channels of communication with your teammates. It means communicating your priorities to others, hearing their thoughts, and acting on their advice. It instils in them a sense of personal responsibility and ownership.”

  1. Establish efficient communication channels

Communication is critical to the success of an agile transformation. Build open channels of communication with your teammates. It means communicating your priorities to others, hearing their thoughts, and acting on their advice. It instils in them a sense of personal responsibility and ownership. Remember that communication is a powerful tool.

Also read: Today’s fresh graduates more prepared for the corporate world – Jitendra Agrawal, Global CTO, CARS24

  1. Establish agile startup metrics

The goal of agile metrics is to acquire a better understanding of the current condition and delve deeper into change with time. As a result, an agile metric should be a good predictor for a pattern shift, allowing for analysis of the source of change and timely action. Metrics are used in an agile company to offer the team information on how to improve continuously.

Conclusion

Organisations that operate in an agile environment prioritise delivering high-quality goods and services to clients as quickly as possible. It aids them in cost-cutting and risk mitigation. Are you ready to make the shift towards becoming an agile organisation?

Year of incorporation: 2018
Founders: Sonam Motwani
Employee count: 39
Hiring pipeline: To hire 20 people by December 2022
Business operation: Karkhana.io is an on-demand, B2B manufacturing platform. It aims to digitise and streamline the manufacturing industry in India

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Asther comes with 5+ years of experience in HR and Finance. She has held senior leadership roles in big organisations like Hindalco Industries, Tata Group (Voltasbeko), and BYJU’S. She has done an MBA in Human Resources from Welingkar Institute of Management and a Masters in Finance from Mumbai University.

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