Agility is defined as the “ability to think and understand quickly.” In today’s global business landscape, that management skill is more critical than ever to a company’s success.
Agility, and the ability to finesse challenges and obstacles on a global scale, can be developed in the following ways:
-Challenge the assumptions and conclusions of your management team when developing strategies
-Ensure the research and regulations are understood clearly with respect to your products, ingredients and packaging, and minimize risk of misinterpretation
-Appoint or hire international partners who have been vetted thoroughly and possess deep experience within your category and target regions, and have a track record of demonstrated success
-Build a solid reservoir of data over time in order to replicate success and avoid mistakes
-Pivot when necessary to avoid further losses and enhance the probability of future success
“Future-Proof” your brand by building an agile environment that can easily adapt to market changes and demands.