If you have spent even a short time on LinkedIn, you will have seen endless comments from self-proclaimed business gurus who have figured out the secret to running a successful business.
It can be hard to lock onto any actual useful insight.
While agile governance might sound like one of these vapid expressions, it can actually be quantifiable and a useful way to manage your business.
What is agile governance?
As the name might suggest, agile governance is characterised by the speed with which you can adapt to situations, with fluid and flexible systems and processes.
Rather than letting problems and challenges pile up, this style of management involves responding to things as they happen.
This will see a more human-centric approach as it generally cannot operate without continuous human input.
To enable the business to continuously improve, every part of the team should be able to provide feedback and updates as they go along, since these are the people who will actually be encountering the daily struggles of keeping the firm going.
Technology is making agile governance more effective than it has ever been before.
The emergence of specialised software has allowed for a new wave of agile governance as centralised platforms allow for easier collaboration.
Notes and updates can be recorded in a space where everyone relevant can see them, allowing immediate action.
Does agile governance work?
As with most things in business operations, the success of agile governance depends on how well it is implemented.
Recent research has highlighted that understanding the benefits of agile governance is the main determinant of it working effectively.
Like how séances fall apart when sceptics are present, agile governance only works if everyone believes in it.
This is because of the ongoing need for each team member to provide relevant, timely updates on the issues they encounter.
If too many team members either dilute the data with irrelevant musings or ignore the system entirely, then it struggles to function.
At worst, a breakdown of agile governance results in the old way of doing things, where only those at the very top had control over the direction of a firm.
This unduly shifts the burden back to management to oversee every action and gather the information needed to make decisions.
For all of its faults, the access to information brought about in our digital age has the potential to revolutionise business on every level.
When correctly leveraged, software can be used to collate and curate information on an unprecedented scale, allowing for dynamic decision making.
We are entering a new era of agile governance where every member of the team has access to all the information they need at any time in any location.
Our software is tailor-made for efficiency and was designed to open the door to agile governance.
All information is safely stored on the centralised platform and can be accessed in real time by any authorised member of the team.
No more trawling through emails for information or waiting around for someone to hand over some key detail, Glasscubes frees you and your team up to do more high-value work.
Find out how Glasscubes can unlock agile governance for your firm, book a demo today!
