True organizational agility requires that the success of projects are tracked and measured every step of the way. Ideally, your projects will stay on track to meet your goals, but as you track them, you may discover that’s not going to happen. So, it’s important to help those involved remember that since ideas do sometimes fail, they should not to get too emotionally attached to them.
Organizational agility is critical to the ability to not fear failure —businesses have to be able to make the call as early as possible to kill projects that aren’t working. Additionally, killing projects must be viewed broadly as a good thing—an opportunity to invest those resources in other ideas that will have more positive outcomes for the company.
The pace of technology innovation is not going to slow anytime soon, and inertia will not be an excuse in the boardroom when a business is disrupted by its competitors. Organizations that explore all sides of risk and build a culture that doesn’t fear failure are best positioned to thrive in this constantly changing world.