Gary Hamel, a leading management thinker, asserts that large firms can become agile. Hamel suggests that agility is not limited to startups and smaller firms; even large corporations can embrace it. Agility is about being adaptive, innovative, and quick to react to changes. To achieve this, firms must decentralise decision-making and empower employees at all levels.
Hamel points out that bureaucracy is the greatest obstacle to agility in big firms. It slows down decision-making, stifles innovation, and discourages risk-taking. To overcome bureaucracy, firms need to create a culture of trust, openness, and accountability. They should encourage employees to share ideas, take risks, and learn from failures.
Hamel also highlights the importance of leadership in promoting agility. Leaders should be visionaries, not controllers. They should inspire employees, foster collaboration, and promote a culture of continuous learning.
Hamel’s ideas challenge traditional notions of management in big firms. He argues that agility is not just a competitive advantage, but a necessity in today’s fast-paced business environment. He urges firms to embrace agility, not as a one-off initiative, but as a fundamental part of their corporate culture.
Go to source article: http://www.forbes.com/sites/stevedenning/2016/11/27/gary-hamel-can-big-firms-be-agile/#11a0a642714f