What is organisational capital?

Towards agility through learning: How socially web-ready is your business?  July 16, 2017 – 12:43 am
Human capital versus This is the second of two linked posts. For the first, click here.
The quest
rganisational agility may signify the ability of an organisation to alter its strategy quickly in response to changing market demands, and will typically be achieved through flexible, responsive and innovative organisational structures, cultures and work processes.
Managers seeking agility must be able to act on the fly in response to the new manoeuvres of rivals, unanticipated shifts in customer expectations, emerging opportunities, or other unanticipated events in the surrounding environment.
In short, they must have many bases covered, so effective learning here suggests they must become better able to minimise organisational friction and reduce, if not eliminate, obstacles to change, while maximising the value of intellectual exchange to this end.
Those in pursuit of agility will aim to conceive a future in which their strategies have their best chance of succeeding, by:
  1. Sharing and testing the critical assumptions upon which their strategic plans are based.
  2. Shaping reasoned arguments about how to prepare for, anticipate and respond to changes in their operating environment.
  3. Aligning other key stakeholders with their vision.

Source: Cloud Citizen

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