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.
Follow GROCO on Facebook
Alan L. Olsen, CPA, Wikipedia Bio
Does Investing in Art Pay Off?
Many high-net-worth individuals have a strong interest in investing outside of the usual stock market. There are all kinds of things people can invest in, including luxury cars, real estate, horses, jewelry and of course artwork. The artwork is one of the most common collection items that the wealthy invest in and many high-net-worth individuals…
How The New Tax Law Directly Benefits Families
How The New Tax Law Directly Benefits Families Since December 22, 2017 there has been a flurry of news articles all talking about the same thing. Taxes. Well, rather the new tax law that just signed, the Tax Cuts and Jobs Act (TCJA). One of the biggest winners of this new law is American families,…
How to Minimize Investment Taxes
How to Minimize Investment Taxes As an investor, your first priorities should be 1) to develop an asset allocation strategy that aligns with your investment objectives and risk profile, and 2) to select quality securities that support that strategy. Only after that’s done should you turn your attention to taxes and identify opportunities to improve…
Should You Hire a Tax Advisor?
Should You Hire a Tax Advisor? Many high net worth individuals use a tax advisor to help them manage their wealth. So, what exactly is a tax advisor? And do you need one? First off, tax advisors work to help people reduce their taxes to the lowest possible amount. Many certified public accountants are also…