Examples of challenges organizations face are an increasingly competitive business environment, globalization and social networks, to name but a few. Every year, new crises emerge and add to these hardships, forcing companies to adapt their business practices or to close down temporarily – or even permanently, with consequential massive layoffs and terminations. Adaptation to these challenges and changes is a complex process. Therefore, organizations need to act swiftly and without delay.
A flexible company can diversify its products, simplify the management of its processes, and innovate both in terms of human resources management and organizational structures. Innovative companies are more efficient and dynamic. The environment is changing at a rapid pace, which means that organizations must keep up with this evolution to ensure their sustainability. Unfortunately, more often than not, they struggle with flexibility and are consequently unable to tackle these new challenges. If some companies struggle in adapting to the abrupt changes we are all facing evert tear, others have seized these transformations as business opportunities. In every crisis, there are opportunities – you just have to seize them.