Which companies are ensuring their place in the future? Definitely not those sticking to conventional models in work organisation or in structuring and running their businesses. As evolution teaches, the ability to adapt to environmental changes, such as the ones we experience in the corporate world, determines who has a better chance of thriving.
A significant number of CEOs all over the world feel this urgency as work innovation has become an essential lever for success. Everyone agrees with this.
Yet there is a gap between intentions, on the one hand, and reality, on the other. In practice, managers and executives allocate less time to innovation than they aspire to.
Think about it: How much time do you devote to finding out about not only new methods and products but also ways to shape your structures and organisational processes to instil innovation as a work methodology? The effort of guiding this change must come, above all, from executive leadership. But employees have to be engaged for this purpose too: all need to be committed.
In search of new paths
Too many organisations and executives still operate within an obsolete management paradigm – based on nineteenth century methods and assumptions, improved in the mid-twentieth century and executed with early twenty-first century technology.
The formula may have worked in the past, but prospering in markets and sectors that change at lightning speed calls for new tools, new attitudes towards work management. In the following weeks we will first analyse challenges that cross the path of all companies, on a global scale.
We next consider stirring success stories, to consolidate organisation’s experience in an active search for models, structures and processes that guarantee sustainable growth.These companies are not only specifically engaging each one of their employees but also harnessing their collective intelligence in a very promising way:
The focus of innovation initiatives worldwide has been essentially incremental or product-oriented. Innovation in work management is also required, though too often put aside.
Based on our experience in Exago, on four continents and in a wide range of industries, we are certain of this: organisations that succeed in updating and implementing their renewed work and management charts are undoubtedly more equipped to seize future opportunities. We’ll see what models and practices can facilitate this evolution.
Missing the opportunities that spring from this reality is to run the serious risk of falling behind.
READ MORE:
The corporate (r)evolution: why businesses emerge, grow and die faster than ever
And at work, what is changing?
Unleashing your company’s hidden potential: some good examples
Taking over the reins of innovation
A vision for the future of work
The future of work: leveraging the power of your collective intelligence
How to build and train your internal army of innovators
The new threshold of corporate revolution
Pedro do Carmo Costa, Exago’s director and co-founder
Francisco de Rhodes Sérgio, VP Inbound and Sales for LATAM