Experienced business coach Dominic Monkhouse knows that while successful business scale-ups are deceptively simple, the way to get there can be a steep learning curve.
For a business to become ‘agile’ requires organisational changes that impact on company culture and introduces new ways of doing things. Is your team ready to transition? Are you committed to becoming more responsive, efficient and effective? Will you embrace the benefits reaped from utilising new technologies, changing work practices and creating new working environments?
What’s needed to scale up your business to achieve rapid, significant and substantial growth is a shift in perspective by the entire team – senior management, department heads, staff. When companies get ‘agile scaling up’ right, the results can be spectacular. Once the discretionary efforts of your employees are unlocked, efficiency and engagement go through the roof.
Agile is a set of beliefs that rests on 5 pillars:
Iterative – 90-day sprints to produce workable deliverables. No more 5-year plans
Empirical – Transparent, measurable results aligned with key goals
Cross-functional – Clear alignment of different functions and goals.
Focused – Doing less while being more accountable for outcomes
Continually improving – Building a business is a work in progress
Five secrets of success for agile scale-ups
1 – It starts at the top
The CEO casts a long shadow. Without a commitment from the leaders of an organisation no change is possible. Meeting rhythms, new communication norms and other behaviours need to be modelled top down.
2 – It takes time
There is no magic bullet. It can take iterations over eight quarters of deliberate practice to move the organisation from feeling awkward to creating new habits.
3 – There will be a tipping point
The company will go from theoretically willing to change to accepting of the challenge of embracing the new ways of working.
4 – Measure the right things
The ultimate goal is to improve the business. Selecting the right catalytic mechanisms and a single profit per X are key decisions on the journey.
5 – It is never over
At its heart agile scaling up is about creating a context in which your people get to do their best work. It is a way to run and continually improve your business.
Call Dominic Now
As an experienced and certified Scaling UpTM Coach, Dominic can help you implement agile principles, resulting in higher team productivity and morale, better quality products and services, and lower risk than other, more traditional business management approaches.