Nowadays, business needs to grow up and stand firmly in order to compete in volatile markets today, doing business feels like competing in a heavyweight boxing ring. To prevail, should your company rely on agility (nimbleness) to quickly spot and exploit market changes? For instance, working in different directions to improve your business operating income and spur revenues.
From my perspective, in any business we need to understand the market deeply and do our research before moving to the next step and take any decision, especially when we are in uncertainty status about what is the consequences, it is like characteristic of any boxing match. Fighters and trainers can study the tapes of past fights or select sparring partners who simulate an opponent’s style, but they cannot predict a blow-by-blow chronology of a fight, foresee spikes in confidence, and foretell the errant punch that splits an eyebrow.
So if we would like to apply what mentioned above on any organization, we should make the organization like any athletic – Agile, and organizations can achieve agility in 4 distinct ways.
Productivity, Competency, Investment and Sustainability
1- Productivity: we can define it “is anything that makes an organization function better”, and in organization or business we can summarize the productivity’s word in two senses – Input and Output.
Generally, productivity is relating with change in quantity and the output of quality (goods and services, etc...) relative to the input (labor, mate, energy, machines and capital) used to produce them. Therefore, the ability of companies to enhance the productivity of their resources is critical for remaining competitive in this market or environment, and this can be done based on business leaders’ strategies in organization.
2- Competency: High-performance organizations realize that their success depends on how capable their people are in organization environment. Therefore, competency is a tactic that organizations are using to recruit, hire, train, develop and manage employees, and improve organization culture. So the competency is playing a key role in thriving of organization and build up a perceptual map in the market.
3- Investment: Investment implies the production of new capital goods, services and equipments. I would say it is how the company or organization invests in innovative solutions to drive economic growth and services development. We conclude to the point says; investment in services, people, capital can lead to higher returns for the organization.
4- Sustainability: sustainability today is considered as a topic of vital growing importance in all aspects of organizational life. Organizations and CEOs are working thoughtfully to adopt new strategies to incorporate a balance among economic, ecological, and social. In economic aspect, sustainable service or product increase corporate profits," so sustainability should always be a core value of organization because it is all pour in the organization’s environment in terms of efficient of company operations and organization employees whether they are engaged, empowered, and productive.
From my perspective, in any business we need to understand the market deeply and do our research before moving to the next step and take any decision, especially when we are in uncertainty status about what is the consequences, it is like characteristic of any boxing match. Fighters and trainers can study the tapes of past fights or select sparring partners who simulate an opponent’s style, but they cannot predict a blow-by-blow chronology of a fight, foresee spikes in confidence, and foretell the errant punch that splits an eyebrow.
So if we would like to apply what mentioned above on any organization, we should make the organization like any athletic – Agile, and organizations can achieve agility in 4 distinct ways.
Productivity, Competency, Investment and Sustainability
1- Productivity: we can define it “is anything that makes an organization function better”, and in organization or business we can summarize the productivity’s word in two senses – Input and Output.
Generally, productivity is relating with change in quantity and the output of quality (goods and services, etc...) relative to the input (labor, mate, energy, machines and capital) used to produce them. Therefore, the ability of companies to enhance the productivity of their resources is critical for remaining competitive in this market or environment, and this can be done based on business leaders’ strategies in organization.
2- Competency: High-performance organizations realize that their success depends on how capable their people are in organization environment. Therefore, competency is a tactic that organizations are using to recruit, hire, train, develop and manage employees, and improve organization culture. So the competency is playing a key role in thriving of organization and build up a perceptual map in the market.
3- Investment: Investment implies the production of new capital goods, services and equipments. I would say it is how the company or organization invests in innovative solutions to drive economic growth and services development. We conclude to the point says; investment in services, people, capital can lead to higher returns for the organization.
4- Sustainability: sustainability today is considered as a topic of vital growing importance in all aspects of organizational life. Organizations and CEOs are working thoughtfully to adopt new strategies to incorporate a balance among economic, ecological, and social. In economic aspect, sustainable service or product increase corporate profits," so sustainability should always be a core value of organization because it is all pour in the organization’s environment in terms of efficient of company operations and organization employees whether they are engaged, empowered, and productive.
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| Sustainability Triple bottom lines |
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