Tag: Agile mindset
-
COVID-19 Recession: The importance of adopting an agile mindset
In the last week, the Chancellor Rishi Sunak has all but confirmed the fears of businesses and SMEs across the UK by warning that the UK faces a ‘significant recession’ as a result of the coronavirus outbreak. The recent figures state that the UK’s economy has shrunk by 2% in Q1, and GDP was down…
-
Are rigid mindsets holding your business back?
So many businesses will continue to operate in a way that has served them over several years, neglecting to introduce new processes and ways of thinking. This is typically common in businesses that follow a traditional, hierarchical structure where managers pass on their insights to employees further down the chain. Ultimately, a lack of strategic…
-
Developing an agile mindset in banking
If businesses are stuck with a formulaic, lineal structure towards their operations without being open to change, then an agile mindset will never be achieved in the workplace. In the banking sector especially, where processes are constantly changing so frequently according to market updates and innovations, adopting an agile mindset throughout an entire hierarchy can…