Fast, accurate decision-making
Critical to organizational speed is rapid decision-making. Managers in fast-moving organizations need to be selected, assessed, and trained on their ability to make fast, accurate decisions. Research shows that skilled gamers can make better and faster decisions than untrained individuals. Based on this insight, training programs have been developed to train managers
But it can also be very practical. Pharmaceutical company paraguay mobile phone number list GSK improved its speed of decision-making by 45%, just by redesigning its office space. An open-plan office with standing areas for computer and phone use encourages face-to-face collaboration and reduces the amount of time wasted on email communications.
Iterative learning
In a rapidly changing environment, organizations need to learn at lightning speed. This can be done by working in short iterations of two to three weeks and building in feedback loops. By continuously testing, quickly processing new knowledge and information and building on the acquired insight in subsequent iterations. This 'agile' way of working allows a company or team to continuously adapt to the rapidly changing demands of the time.