Decision making is not subjected to any hierarchal or bureaucratic roadblocks 3

Decision making is not subjected to any hierarchal or

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to get rapid feedback. Decision making is not subjected to any hierarchal or bureaucratic roadblocks 3) Motivating people through achievement and recognition: Employees are faced with new challenges and are provided with the resources and freedom they need to overcome and surmount them. This motivates people more than any extrinsic rewards like money or achieving mastery in a particular field of expertise While the formal structure of operating businesses help in maintaining order and decorum, the new age model of adhocracy enables companies to achieve agility and adaptability. Adhocracy may not be the best solution for situations where extensive data mining and research are required or when prior knowledge on the subject is limited. However, in scenarios where knowledge and wisdom acquired by employees are adequate and reliable, adhocracy can be quickest and most efficient alternative. Organizations need to understand which model would suit their
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Consulting Continuum Concept Document 22 requirements the best and work full throttle towards adapting and implementing the same. It is not the strongest or most intelligent of the organization that survive, it is the one that is most adaptable to change Well, though originally this was a Charles Darwin statement about species and their preservation in nature, it fits perfectly well with the existence and prosperity of organizations in the modern age. Severe competition has become the most gruesome characteristic of the corporate world. Both individuals and members of an organization’s managerial team, need to prepare themselves to adapt successfully to a rapidly changing business environment. It does not matter how predominant you have been till date as it can all change very quickly in the existing unforgiving environment. Surviving as a business is very similar to crossing the ocean in a freighter survival is not guaranteed. There are enormous swells, dangerous storms, and days of smooth sailing and, of course, the unavoidable rogue wave that hits without prior warning. Keeping the freighter on course and on schedule is of paramount importance, as is selecting a route that poses the least amount of risk. Adapting to change requires effective use of all acquired skills. However, in a fast- changing work environment, skills also become obsolete. To be prepared to deal with changes successfully, it is important to build as many skills as you can and apply them intelligently to effectuate organizational survival and growth.
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Consulting Continuum Concept Document 23 As companies gear themselves up for unforeseen challenges, they need to focus on the above four pillars. Revolutionary technological breakthroughs have taken centre stage in last 2-3 decades. Successful companies have used this unprecedented advent of technology to their advantage be it Apple, FedEx or Samsung. Customer needs and desires change at an even more rapid pace. As Steve Jobs once famously quoted: “A lot of times people don’t know what they want until you show it to them”.
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