C-Suite Intelligence 19th May 2020

Winmark's C-Suite Intelligence service providing news, content and research to help leaders across all C-Suite functions address the exceptional business planning and management challenges they are facing.

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TOP INSIGHT


Key success factors to ensure successful agile implementation at scale
 
L.E.K
 
Leadership teams are using agile methodologies to drive organisational transformation as they address three critical business issues: speed to market, organisational complexity and technological revolution. The benefits of agile methodologies centre on faster and more cost-effective delivery of outcomes valued by customers. Research demonstrates that a high degree of organisational agility leads to superior financial performance.
 
There are six principal factors that underpin successful delivery of a tailored agile working model: 
  1. Develop a clear business case to secure senior management support.
  2. Start with and learn from pilots in a greenfield-like environment.
  3. Define a customised model for your specific business situation, rather than follow a textbook approach.
  4. Scale inside-out, starting from cultural shifts and addressing organisational barriers.
  5. Introduce a holistic change management programme, driven by senior leadership.
  6. Roll out the model fast to the wider organisation and track progress consistently. 
This two part article provides an in-depth overview of how to unlock the benefits of an agile methodology and tackle the challenges of scaling.
 
Read Part One here.
Read Part Two here.  
 

​​​​FURTHER INSIGHTS

 
A survey of 600 CEOs asking about their biggest challenges
 
Harvard Business School
 
Harvard Business School asked 600 CEOs “What is keeping you awake at night during this global pandemic?”
 
Their responses were touching and instructive, but also daunting about the challenges leaders face at this moment of crisis. One summed it up deftly: “How to most effectively communicate with all employees remotely and show empathy, while … trying to save the current business while at the same time trying to shape the future of the company in a 'new normal' environment.”
 
Other topics mentioned by CEOs included virtual onboarding, sales-pipeline restructuring, performance management, M&A, managing layoffs and furloughs, rethinking the customer experience and creating financial projections with an unprecedented number of unknown factors.
 
Read the full results here.
 
 
Virtual leadership: the psychological impact of remote work
 
Deloitte
 
In this fascinating interview with Surinder Kahai, associate professor of information systems at SUNY Binghamton, he shares perspectives on techniques executives can use to manage effectively in a world of remote work, including storytelling and role modelling.
 
Read the interview here.
 
 
Mitigating risk during the return to work
 
Bain

For leadership teams, the recovery will mean restarting operations in an unstable world of shifting conditions. The leading companies will be defined by their ability to balance resilience, adaptability and prediction.

This article provides advice for companies to protect their people at the same time as reversing the downturn. 


 
Find out more here.

 

 

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