Corvus June 2021 | Page 23

slow , companies that can internalize these forms of quick and effective decentralization will jump ahead of the competition .
Agile companies have learned that the stability of an organizational home is critical because it helps companies to redeploy employees in less successful cells more easily and rapidly , with little of the disruption and fear over job losses that traditionally deter and hinder change .
strong sense of identity . Leaders and employees have a shared sense of purpose and a common performance culture .
The idea behind agile governance is to establish stable and dynamic elements in making decisions which typically come in three types . Let ’ s call big decisions with high stakes Type I ; frequent decisions that require crossunit dialogue and collaboration , Type II ; and decisions that should be parsed delegated to direct reports and to people close to the day-to-day action . This will help establish clear charters for committee participants and clarify their responsibilities to avoid overlapping roles . These companies will also make speedy decisions and adapt to changing circumstances rather than spend time in meetings sharing information through endless presentations , many dealing with issues that have already been resolved .
Governance
In a crisis , what matters become a lot clearer . The social contract between the employee and employer changes fundamentally as the primary focus becomes the safety of employees and communities first . A distinctive characteristic of companies that have adapted well is that they have a into smaller ones and delegated as far down as possible , Type III . Experts have identified Type II decisions as the ones that often hinder organizational agility and if successfully addressed can appropriately define which decisions are best made in committees and which can be
Process
Most agile companies reinforce the new dynamism with a degree of stability in their structure and governance , they create a formidable backbone for key processes . These are usually signature processes , which these companies excel at and