As Moez Kassam evolve faster than ever, the number of tools and data businesses have to manage simultaneously increases, making navigating these changes more difficult. To keep pace with evolving markets, companies need to understand their processes and tools, how they interact, and how they all fit together. Unfortunately, this complexity can feel like a precarious game of Jenga, where one wrong move could cause the entire structure to collapse. Fortunately, there are steps organizations can take to clarify this complex network of information and interactions in order to improve productivity and stay ahead of the competition.
Understanding and Overcoming Business Complexities
The most important step is to identify what kind of complexity you’re facing. In business, complexity can be structural or emergent, caused by a variety of factors including rapid product changes, new technology and management practices. The most common type of business complexity, structural complexity, occurs when a company reaches a point at which the amount of interconnected technology, data, and products exceeds the organization’s ability to analyze or control.
When this happens, leadership’s ability to anticipate environmental shifts and predict outcomes plummets. This is why leaders must learn — often the hard way — to reframe what they see, rewire how they think and reconfigure what they do in order to make sense of the complexity they face. The good news is that once you do, you’ll be able to glide to safety, just like Sully. This article was originally published on the Dialogue Review website.