Global study: Five behaviors necessary for organizational agility paid Workday
What do you consider most important to your company’s future? Probably the most talked-about concept today is digital transformation. Yet digital transformation, including growth through new digital products and services, can’t happen without this one key ingredient: organizational agility. In other words, the ability to react quickly and effectively to what’s happening in the market, while continuing to drive innovation across the whole organization.
Because this issue is so important in today’s world, we conducted “Organizational Agility at Scale: The Key to Driving Digital Growth,” a global study of 998 business leaders across a number of industries.
Businesses can’t wait 12 months to discover if a product or service is profitable or achieving market share. The parts of the business that rely on revenue through digital efforts, in particular, require rapid and continuous planning cycles. The research found that dynamic planning helps organizations react quickly to changing market conditions and potential threats to the business.
Our research found that Leaders build flexible structures and processes to adapt to changing business plans, including having the systems in place to understand skills gaps in their business, while Laggards do not. Once again, inflexible technology and a culture of bureaucracy also prevent businesses from building agile structures and processes.Many organizations have discovered that vast proportions of their recent revenue is directly linked to skill areas that didn’t exist even five years ago.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The 10 best lap desks for comfy study sessions — starting at $17Create a comfy mini- workspace—anywhere!
Read more »
New Study Finds Box Still World’s Most Popular ContainerPHILADELPHIA—Noting its ability to enclose, protect, and transport a wide variety of objects, a University of Pennsylvania study published Monday confirmed that the box remains the world’s most popular container. “We found that when something needs to be stored or moved—be it tools, jewelry, pizza, even ballots—people tend to put their trust in a box more often than, say, a bucket or satchel,” said the study’s lead author, Susan Kemmis, who highlighted the rectangular containers’ stackability and closable top as the key assets that set them apart from bags. “Whether the item or items to be stowed away are large, small, heavy, or light, there tends to be a box of appropriate dimensions and rigidity to adequately contain them. The same can’t be said of baskets, jugs, or barrels.” While later admitting that crates are the go-to container for shipping purposes, Kemmis emphasized that a crate could, in fact, be considered a type of box.
Read more »
Study shows Apple devices in combo with apps could identify dementiaDrugmaker Eli Lilly said on Thursday early results from a study suggest that App...
Read more »
Study: Mental Health of Both Moms and Dads Affects Baby During PregnancyTurns out, expectant parents' stress and relationship problems can affect baby while still in the womb.
Read more »
Cats understand their names and are probably just choosing to ignore you, a study suggestsIf you've ever wondered if your cat was ignoring you because it didn't understand its name, these researchers have bad news for you. Cats are able to distinguish their names from other random sounds, a new study suggests. InternationalCatDay
Read more »
Humans survived off rodents in the mountains during the last ice age, study saysIn Ethiopia during the last ice age, our human ancestors lived high in the Bale Mountains, using obsidian tools and hunting giant rodents, according to a new study. It's the earliest evidence of high-altitude prehistoric living in a rock-type shelter.
Read more »