As companies navigate the ongoing COVID-19 crisis, there are several critical issues corporate leaders must think about. The need to prioritize agility in business operations is undeniable. To maintain business continuity in the face of such turbulence, global companies must be predictive and proactive in their decision-making to build enterprise resilience.
In this article at Forbes, Elisa Gilmartin explains some of the key strategies to build an agile workplace for business continuity.
An Agile Approach to Business Continuity Planning
Whether you own a small business or a large corporation, you must remain competitive in the market to retain current customers while increasing your customer base. The foundation of an agile organization begins with setting a clear business strategy and relevant goals. “If a company is strongly aligned across its strategy, organizational structure, people, and results, it can maintain consistency of purpose and achieve higher levels of productivity when faced with a challenge,” says Elisa.
So, how to build an agile workplace for business continuity?
By Retaining Top Talent
Business and HR leaders must understand the kind of work that must be accomplished and develop internal talent to achieve it. Besides, business leaders must also identify, develop, mobilize, and retain talent that will help the company meet its goals and objectives. As a business leader, integrate multiple talent processes, talent reviews, performance management, engagement, and learning and development to address talent requirements throughout the employee life cycle.
By Identifying the Organizational Structure
The structure acts as the “bones” of the organization during times of change. Whether your organizational structure is matrixed or functionally driven, the formation of an agile organization is one without boundaries. Create collaborative tools that help teams to grow together while creating subject matter experts. Companies can accomplish this only when they eliminate bottlenecks and unnecessary layers of complexities, empowering employees at all levels to drive business impact.