Re-thinking how power is organized in businesses to thrive in a rapidly changing world by Mohammed Ali Vakil at #AgileIndia2019
I'll present how the dynamics of today's world means that old ways of organizing power in businesses are no longer working. We need to re-look at our organization structures so that the emerging culture allows for more effective ways of using power. I'll cover: The Decay of Power and What It Means For Your Organization Current Structures Make it Difficult to Get Things Done Holacracy — A New Social Technology To Organize Power in Pursuit of Purpose 5 Ways Holacracy Organizes Power to Thrive in a Rapidly Changing World 1. The purpose is the new Boss 2. Autonomy: Everyone is a Leader (but lead roles not people) 3. Create Fractal structures (not Hierarchical or Flat) 4. Power vested in rules (not people) 5. Dynamic org structure that evolves (instead of rigid top-down ones) More details: https://confengine.com/agile-india-2019/proposal/8145/re-thinking-how-power-is-organized-in-businesses-to-thrive-in-a-rapidly-changing-world Conference link: https://2019.agileindia.org
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Re-thinking how power is organized in businesses to thrive in a rapidly changing world by Mohammed Ali Vakil at #AgileIndia2019
- 1. Re-Thinking How Power is Organized in Businesses for a Rapidly Changing World Mohammed Ali Vakil
- 2. Good News & Bad News
- 3. According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months.
- 4. Only 50% of businesses with employees survive their fifth year in business.
- 5. Of the companies on the Fortune 500 list in 1955, only 12% remain.
- 6. Here’s the Good News…
- 7. There’s never been a better time to be in business… •Low costs of starting & operating •You can attract global talent •New opportunities are opening up •Easier than ever to access funds
- 8. Good News & Bad News
- 13. 2015
- 15. 2016
- 17. How does this affect businesses? •New startups are entering the market •Customers’ preferences are changing •Millennials want more autonomy
- 18. So what do we do?
- 22. 5 New Ways Power is Organized in
- 23. It’s not Hierarchical or Flat. It’s Holarchic.
- 25. Meet your new Boss: Purpose
- 26. Everyone's a leader. Lead Roles. Not People
- 28. In a Conflict? Use the Process to channel your tension.