“Check your speed. You aren’t thinking fast enough!” – Futurist Jim Carroll
The future belongs to those who are fast! That’s a reality. Tesla, despite a lot of bumps and challenges, paints a path to the future, because it reinvents itself at a pace that traditional automotive companies can not. It is build on an engine of speed rather than a legacy of slow.
Everything will change faster than you think! That’s why you need to structure for agility!
Do this with a plan for short term longevity: No one can presume that markets, products, customers and assumptions will remain static: everything is changing instantly. Business strategies and activities must increasingly become short term oriented while fulfilling a long term mission.
Many organizations undertake plans based on key assumptions. Agile organizations do so by presuming that those key assumptions are going to change regularly over time, and so build into their plans a degree of ongoing flexibility.
In a world of constant change, products or services must be designed in such a way that they can be quickly redesigned without massive cost and effort. Think like Google: every product and service should be a beta, with the inherent foundation being one of flexibility for future change.