As we look ahead to the next 12 months, we can reflect on the past year and consider what’s worked, what hasn’t and how to control the uncontrollable and manage the unexpected.
The need for velocity vs the need for speed
In our experience, the theme of 2017 was speed – how fast can your organisation adapt, pivot or transform, and do it sustainably?
Quite simply, organisations need to continue to accelerate. The move towards Agile and Lean practices in business has become increasingly apparent. Many traditional companies are still experimenting with agile practices in discrete pilot projects and realising modest benefits from them. However, fewer than 20 percent consider themselves “mature adopters”, with widespread acceptance and use of Agile across business units.
Organisations that can deploy Agile at scale can accelerate innovation by up to 80%. Given those statistics, there’s still some way to go. We’ll see agility at scale take off in 2018.
Business Agility for the whole business vs pure Agile for IT
While Agile has gained acceptance outside of software development, organisations must also recognise that a pure, agile-only approach is impractical. Moving into 2018, organisations will create appropriate hybrid models and will better select where Agile is appropriate to deploy.
2018 will be the year that Agile moves out of the IT shadows, scales to the enterprise level and into the mainstream to become true Business Agility.
By achieving Business Agility, the whole entity can respond and pivot to opportunities and threats. By changing the DNA of an organisation, it can disrupt itself before something else does, reducing risk and building competitive advantage.
Business Agility brings together not only fit-for-purpose agile delivery, but combines it with effective agile governance, leadership and strategic alignment and value-driven outcomes supported by new approaches to planning and budgeting.
The right skills in reality vs right skills on paper
With each passing year, organisations are becoming increasingly aware that the right people are critical to the success of their transformation or change effort. In reality, the right skills on paper often doesn’t translate, if skills are out of date or the project team changes midway through.
2018 will see millennial project managers make their debut. These are digitally native, highly adaptive and transient individuals for whom change is innate. They are effectively Agile by nature. It’s important to harness their skills, while ensuring they integrate with other team members.
Across the board, emotional intelligence will be the most desired skill for new project managers and this is an area for team members to become skilled and more practised in.
As we conclude, some notable industry highlights include the establishment of the Australian Transformation and Turnaround Association and including the first ‘Fellow of Transformation Management Course’ at ANU.
For our business, we are grateful for the continued support of our clients, we’ve achieved tremendous work in the Transformation Practice and successfully continued our focus on delivery. Looking ahead, our work with Agile Portfolio Management will put us in a leading position in the market for Agile.
To find out how we can help you accelerate delivery and results please speak to our team on +65 6818 5771. For more information on our Agile Services please click here.