People don’t want to admit that their roles are surplus to requirement so they’ll do everything they can to resist change until new companies pop up and displace them, forcing the business to fail.
And what most people in an organization care about isn’t the overall health of the company but their financial reward. Change is difficult and financially painful. There’s an enormous incentive for people in the company to keep doing things the same way. Although it might be better for the firm as a whole to adjust the way it operates, there are always losers who will miss out if things change from the status quo. The reason for this has to do with incentives.
But it’s also something that is devilishly hard to do, and most large organizations fail. It means having the ability to adjust organizational structures, leadership practices and techniques to meet new market needs and fend off competition. Being nimble in business means being able to change and adapt to different circumstances. Part of the answer comes down to being nimble. It’s funny, isn’t it? Why is it that startups with practically no money seem to be the companies that change the world while large companies with all the resources in the world stagger on as they always have, doing things the way they’ve always done them until they get displaced by someone else who does things better? What Does It Mean To Be Truly “Nimble” As A Business?
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