Peter Smith
Think of shops that exist in virtual form only, or how betting has moved from physical gambling houses to crypto-based Tether casinos that allow users to enjoy quick deposits and withdrawals as well as several other perks made possible by USDT. Since it pays to be able to change quickly, here are some of the ways change can be achieved.
A Culture Of Learning
If you want to keep pace with technological changes, then it pays to create a culture that’s all about learning. It starts at the top. This means management needs to adopt a curious attitude and should let people know when they are learning something. In turn, this will set a good example and make personal growth a priority. Keep in mind that tech changes more quickly than a regular training cycle takes, so your staff will need to have the opportunities to learn new skills without paying for them. Let them access courses whenever they need to, especially during working hours, too. Giving people who want or need them personalized learning plans never hurts, either.
One great example of this happening in the real world comes in the form of Microsoft. When Satya Nadella took over as CEO at the tech giants in 2014, he instituted a shift in the way people thought. He believed that people at the company had been keen to be “know-it-alls” and were afraid to admit to not knowing things in case it reflected badly on them. He instituted a desire for people to be “learn-it-alls” and be unafraid to admit to needing to learn things. As a result, he was able to get Microsoft shares to climb after a long period of stagnation.
Get Agile
It’s great to give people the chance to learn things, but it won’t give you the maximum benefit unless everyone has the right way of thinking. If you want your company to really capitalize on adapting to new technology, then you have to make sure you encourage your workers to be agile, rather than fixed, in their approach. This doesn’t mean that there are no boundaries in job descriptions or restrictions in what people can and can’t do, though. Instead, this means that projects should be broken down into smaller parts and that people should be able to pivot to doing and learning new skills and tech quickly. This can help different departments work together more effectively and also allow companies to experiment a bit more with their products and processes.
One big company that makes use of business agility is Spotify. The music streaming platform splits its staff into squads of up to 12 people. Each squad contains people from different departments and is responsible for a particular feature on the platform. Management sets them up and then lets each squad get on with things. The idea is that smaller groups are able to pivot quicker and, should they need to learn new tech skills, they can do it as and when they need to.
Peter Smith
