How to Lead in the Age of Agile During a Pandemic

How to Lead in the Age of Agile During a Pandemic

How to Lead in the Age of Agile During a Pandemic

Have you heard of agile? It’s often a buzzword in the workplace. Agile started as a philosophy related to software development. But in the past few years, it has morphed into an entire work philosophy. It’s generally viewed as the ability to create and respond to change. When a business, or an individual can accept change and handle it appropriately, they’re considered agile.  To my mind, nothing epitomizes “agile” more than the tremendous achievements of late where entire companies have adapted to remote work and other substantial responses to stay in business during the COVID-19 pandemic.

Becoming an Agile Leader

Adapt or die is not a new concept.  And agile has become a very important characteristic in the work world because when companies are agile, they generally achieve more success.   Therefore, companies are looking for agile leaders to help them survive, or in some cases, take them to the next level. But this requires learning and developing new leadership skills. Here’s what leaders need to learn to become agile.

Be Transparent – many leaders like transparency from their teams but sometimes lack transparency in their own work. Agile leaders are truly transparent with their team members by sharing important information, i.e. company goals and priorities and openly share their own efforts.

Develop Your Team – agile leaders help develop their members to grow and improve, encourage their team members to become their best, and reward them when they succeed.

Stay Out of the Way – an agile leader knows how to stay out of the way by setting an expectation for his team, and by checking in and following up without micromanaging or overshadowing their work.  As more employees work from home, they face new challenges and at the same time must learn to be more independent.  Focus on their ability to take ownership to get things done in new and creative ways best suited to their personal situation.  Perhaps they start work earlier, or different hours?

Connect With Customers – understanding how to connect with, and interact with customers is a key characteristic of an agile leader: they aren’t afraid to set expectations with their customers and allow opportunities for them to participate in the work.  Clear and possibly additional communication with clients is more important than ever.

Take Some Risks – agile leaders understand that taking risks is necessary to achieve greater results and aren’t afraid to keep learning new things. In fact, they’re always trying to learn new things and encourage their team members to keep learning and to take risks. They know that failure is going to happen. But they see failure as an opportunity to learn and grow.

Give Feedback Often – good leaders never underestimate the power of positive feedback and mutual respect. Clear communication with employees is more important than ever.  Good leaders understand the more feedback they can provide, the more helpful they are to their teams. Agile leaders aren’t afraid to receive feedback, rather they encourage feedback from their team members which builds trust and better adapt to changes caused by our new realities.

Empower Employees – agile leaders understand the importance of empowering their team members knowing this will lead to greater success. And then celebrate that success by giving their teams credit and recognition. They share the spotlight and understand that everyone wins together.

If you want to be an agile leader in the age of agile, especially during a pandemic, you must learn to develop these skills and implement them into your leadership philosophy.

We hope you found this article about how to lead in the age of agile during a pandemic helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Considerately yours,

GROCO, GROCO Tax, GROCO Technology, GROCO Advisory Services, GROCO Consulting Services, GROCO Relationship Services, GROCO Consulting/Advisory Services, GROCO Family Office Wealth, and GROCO Family Office Services.

For more information about agile leadership during a pandemic, family office or tax services, please visit GROCO.com, contact your GROCO tax advisor or email Hello@GROCO.com.

Contact Us

Follow GROCO on Facebook

Alan Olsen, CPA

 

 

Alan L. Olsen, CPA, Wikipedia Bio

Posted in

Business Valuation Experience

Business Valuation Experience Valuation Services Valuation Process Sample Report Glossary of Terms The Business Valuations group at Greenstein Rogoff Olsen & Co provides the expertise of a large big four firm with the hands on individualized service of a small local firm. We are committed to provide our clients and their advisors with the highest…

stock option

Stock Option

Stock Option   Valuation Services Valuation Process Valuation Experience Sample Report Glossary of Terms It is extremely important in today’s regulatory environment that stock options are managed correctly, which includes all the various valuation issues that surround options. Because of this, the valuation analyst must have a working knowledge of stock option plans, in addition…

IRS Extension 409A

IRS Extension 409A The IRS has issued Notice 2007-86 which delay the effective date of the Proposed Regs under Section 409A until January 1, 2009 and by generally extending earlier transitional relief. This provides taxpayers additional transitional relief to come into compliance with forthcoming final regs. Options granted before 2009 won’t be considered as violating…

ESOP Valuation Issues

ESOP Valuation Issues Q&A (Employee Stock Ownership Plan) Valuation Services Valuation Process Valuation Experience Sample Report Glossary of Terms ESOPs have become an effective tool in corporate finance and tax planning. Not only do they provide retirement benefits and incentives to employees but an ESOP can provide unique ways to transition company management in tax…