The value of a company over time is assessed on the basis of its growth potential and ability to create added value.
When comparing discounted cash flows, the difference between slow and fast-growing companies seems drastic. The value of companies is mostly judged by their ability to generate positive cash flow in the future – Peter Thiel and Blake Masters “Zero to One”.
We need to look deeper to decipher the start-up formula for rapid growth, look at how these organizations work. Best practices need to be adopted and brought into the context of classical business. The key positive qualities that make start-ups stand out are the ability to enter the market quickly with new and innovative solutions, the ability to energize people and create value for the business before becoming profitable.
Let’s take a look at how it’s achieved and what methods are being used. AGILITY is the key term as well as way of thinking. Agility and agile leadership is about building more efficient, humane and sustainable methods of working. Agile teams are self-directed teams with various functions with fast and flexible decision making, prioritisation in value creation and continuous feedback within the team and business-customer communication.
Agility has its origins in software development teams. Different sources give the concept different dates of inception. The Agile Manifesto was written in 2001 and has also given rise to a more formal, broad-based and similarly implemented agile mindset. It is not a specific tool but a philosophy that offers different practices according to the needs of the project. The main methods used are Scrum, Kanban, 6Sigma, Hybrid, etc.
Not all methods are suitable for everyone. These rituals and routines should be followed quite closely to achieve the desired result. There are leaders who have heard that agile leadership can be better, faster, cheaper and falselt adopt a few aspects of the philosophy in hopes of being agile. Sucess is only achieved when the entire team is involved, when rituals and systems support the actions and everyone follows the rules of the game. You can’t be a little bit agile as it’s a way of thinking – a lifestyle! Rather, the question arises whether you can afford your company not to be agile.
The challenges that can be addressed with agile leadership are managing change, retaining and engaging people, and creating value faster than ever before. The management of the company’s value chain is based on client satisfaction and fluctuating fancies of the end customer. Is your company ready to create solutions quickly and consistently?
It is increasingly important that companies concentrate on their core business and delegate the support services. Hence the recommendation to hire the necessary support experts’ services so that your company can focus only on the aspects that produce revenue. The results are not far behind when you implement the agile philosophy with allt he bells and whistles– the processes, the way of thinking, the tools used as well as the rituals. Value is created faster, more accurately, more innovatively, people are happier, there will be a rise in transparency and trust. All of the above helps achieve the end goal. Sounds like the work of a magic wand and that’s exactly what it can be. Give it a try!
Intense growth HUB is designed with agile leadership and philosophy in mind. We practice it daily. Our values, methods, workflow, and tools help us achieve success. We also help other companies by making their teams agile. Growth is achieved through people, efficient processes, and innovation. Agility helps create new energy and cleanse the path to innovation. We offer to bring agile work environments and thinking to your organisation through cooperation!