Don’t have your Nedbank ID yet?
Nedbank ID single sign-on gives you full digital access to Nedbank’s banking and lifestyle products and services on the Money app or Online Banking.
Log in
Log in to Online Banking or another one of our secured services.
Get in touch
Find us
- Login & Register
- Online Banking
- Online Share Trading
- NetBank Business
- NedFleet
- Nedbank Greenbacks
- Nedgroup Investments
- Nedbank ID
- Bank
- Accounts
- Credit cards
- Digital banking
- Switch to Nedbank
- Fraud awareness
- Forex
- Greenbacks
- Explore Bank
- Accounts
- Everyday banking
- Kids accounts
- Youth banking
- Seniors accounts
- Private Clients
- Private Wealth
- Digital wallet
- See all accounts
- Premium banking
- Get help choosing
- Goal saving
- Family Banking
- Refugees and asylum seekers
- FAQ
- How-to guides
- Discontinued accounts
- Everyday banking
- MiGoals Premium
- MiGoals Plus
- MiGoals
- Kids accounts
- MiGoals4Kids
- Youth banking
- MiGoals Premium
- MiGoals
- MiGoals Plus
- Seniors accounts
- MiGoals Premium Senior
- MiGoals Plus
- Private Clients
- Pay-as-you-use
- Young Professionals
- Private Bundle and Private One
- Private Wealth
- Private Wealth Bundle
- Digital wallet
- MobiMoney
- American Express
- Amex Gold
- Amex Platinum
- Digital banking
- Switch to Nedbank
- Fraud awareness
- Forex
- Greenbacks
- Exclusive discounts
- FAQ
- How-to guides
- Save & Invest
- Accounts
- Investment services
- Share trading
- Explore Save & Invest
- In 24 hours
- JustInvest
- PlatinumInvest
- Tax-free Savings
- MoneyTrader
- EasyAccess Fixed Deposit
- PrimeSelect
- In 32 days
- Electronic 32Day Notice
- 32Day Notice
- End of term
- Tax-free Fixed Deposit
- Electronic Fixed Deposit
- Electronic Optimum Plus
- Platinum Fixed Deposit
- Fixed Deposit
- OptimumPlus
- Investment services
- Share trading
- Borrow
- Personal loans
- Home loans
- Student loans
- Overdrafts
- Vehicle finance
- Solar finance
- Debt assistance
- Explore Borrow
- Personal loans
- Loan consolidation
- Secondhand car loan
- Home improvement loan
- Exclusive short-term loan offers
- Explore loans
- FAQ
- How to guides
- Loan consolidation
- Secondhand car loan
- Home improvement loan
- Exclusive short-term loan offers
- Home loans
- Building loan
- Switching home loan
- Repossessed properties
- Start your home buying journey
- Solar-energy Finance
- Earn R32,000 p/m or less? See offer
- HomeVision extra funds
- Home-buying Toolkit
- Managing your home loan
- Explore home loans
- FAQ
- How to guides
- Track application
- Building loan
- Switching home loan
- Repossessed properties
- Start your home buying journey
- Solar-energy Finance
- Earn R32,000 p/m or less? See offer
- HomeVision extra funds
- Home-buying Toolkit
- Managing your home loan
- Student loans
- Explore student loans
- Overdrafts
- Vehicle finance
- Solar finance
- Debt assistance
- Consolidate all your debts into a simple loan | Nedbank
- Short-term payment relief | Nedbank
- Take charge and restructure your finances | Nedbank
- Assisted-sales solutions for homes and vehicles | Nedbank
- Flexible payment plans for loans and credit | Nedbank
- Understanding how repo rate works | Nedbank
- Consolidate all your debts into a simple loan | Nedbank
- Short-term payment relief | Nedbank
- Take charge and restructure your finances | Nedbank
- Assisted-sales solutions for homes and vehicles | Nedbank
- Flexible payment plans for loans and credit | Nedbank
- Understanding how repo rate works | Nedbank
- Insure
- Life cover
- Funeral cover
- Short term insurance
- Credit Life
- Travel insurance
- Business cover
- Secure investments
- Explore Insure
- Life cover
- Get a call back
- Explore MyCover life
- Funeral cover
- Individual R10,000
- Individual R30,000
- Family Cover
- Build your own cover
- Get a call back
- Explore MyCover Funeral
- Individual R10,000
- Individual R30,000
- Family Cover
- Build your own cover
- Short term insurance
- Vehicle insurance
- Building insurance
- House contents insurance
- Valuables insurance
- Valuables insurance
- Get a call back
- Explore MyCover short term insurance
- Vehicle insurance
- Building insurance
- House contents insurance
- Valuables insurance
- Valuables insurance
- Credit Life
- Home loan credit life
- MFC Vehicle Finance Assurance
- Overdraft Assurance
- Balance Protection Plan
- Personal loan Assurance
- Get a call back
- Explore credit life
- Home loan credit life
- MFC Vehicle Finance Assurance
- Overdraft Assurance
- Balance Protection Plan
- Personal loan Assurance
- Travel insurance
- Business cover
- Secure investments
- Guaranteed Growth Income Plan
- Guaranteed Growth Plan
- Get a call back
- Explore MyCover Funeral
- Guaranteed Growth Income Plan
- Guaranteed Growth Plan
- Plan
- Financial planning
- Estate, wills & trust services
- Nedbank Private Wealth
- Speak to a financial adviser
- Explore Plan
- Financial planning
- Investment planning
- Insurance planning
- Give
- Retirement planning
- Investment planning
- Insurance planning
- Give
- Retirement planning
- Estate, wills & trust services
- Will drafting
- Ensure your estate is managed by an executor | Nedbank
- Trust services
- Financial accounting
- Tax services
- Leave the admin of your estate to us, and not to your loved ones | Nedbank
- Will drafting
- Ensure your estate is managed by an executor | Nedbank
- Trust services
- Financial accounting
- Tax services
- Leave the admin of your estate to us, and not to your loved ones | Nedbank
- Nedbank Private Wealth
- Speak to a financial adviser
- Learn
- Blog
- Explore Learn
- Blog
- Contact us
- Talk to us
- Find us
- Explore Contact us
- Talk to us
- Find us
4 tips to help you create an agile business
Transform your business into an agile organisation for adaptability and productivity.
Now more than ever, the world recognises the importance of being agile and adaptable. The old ways no longer cut it in business. Those that operate in rigid structures will fail to respond to a rapidly changing environment and a volatile marketplace. To work smarter, you need to adopt an agile approach to business management.
What is agile methodology?
The agile methodology was invented in software development, but this iterative approach can improve all types of project management, helping your teams deliver value to your clients quicker and more efficiently. Australian software developer and agile coach Atlassian explains that the work of an agile team is delivered in small, consumable increments – instead of betting everything on a ‘big bang’ launch – while continuously evaluating plans, requirements and results, so teams can naturally respond to change quickly.
It’s about prioritising functions, using a bottom-up method, and testing these functions throughout the development process. This is what makes agile so well suited for complex projects with clear end goals.
The world is entering a new age: the age of agile, in which organisations are connecting everyone and everything, everywhere. Companies that cannot cope with the speed of a digital society are dying. Those that thrive are those able to adopt new ways of communicating and finding their customers.
Here are 4 tips to consider if you want to transform your business into a smart, agile organisation
1. Put your customers at the centre
In 1954, the father of management thinking, Peter Drucker, famously said that a business has only one valid purpose: to create a customer. A growing number of companies live by this dictum, and because a business is about creating customers, it has 2 basic functions: marketing and innovation. When delighting your customers through continuous innovation becomes the bottom line, making money is the result, not the goal, of your firm’s activities.
According to Forbes, when organisations operate this way, they make more money than companies that focus directly on making money – and that holds true for the 5 largest and fastest-growing firms on the planet: Amazon, Apple, Meta, Google and Microsoft. It requires a shift from a focus on things (money, products and outputs) to a focus on people (human outcomes, experiences and impact).
The Agile Business Consortium, an independent professional body dedicated to advancing business agility, advises that the key to business agility is the ‘inspirational leadership of collaboratively autonomous teams, committed to delighting their customers’.
An agile transformation approach is, by definition, bottom-up and organic
This might not be about simply giving customers what they want, but rather what is in the customer’s best interests. People, and not processes, are at the heart of agile, the body says, ‘because it’s people, not processes, that innovate – and people that keep a business competitive’.
2. Use agile management as a means, not an end
Digital innovator McKinsey states that the intended outcome of agile management is ‘the ability of an organisation to renew itself, adapt, change quickly, and succeed in a rapidly changing, ambiguous, turbulent environment’ and ‘the ability to quickly reconfigure strategy, structure, processes, people, and technology toward value-creating and value-protecting opportunities’.
Its goal is to enable an organisation to generate instant, frictionless, incremental, risk-free value at scale. But progress towards business agility correlates favourably with the level of leadership. A survey by the Business Agility Institute shows that the higher the level of leadership, the greater the progress towards business agility.
3. Rethink your hierarchies
It starts at the top. As management, you need to start by considering how your organisation’s leadership relates to the world of agile and determine what the challenges are. You also need to take stock of the risks and benefits of launching an agile transformation.
However, if you set about forcing agile onto your teams, this top-down approach will fail, because change needs to grow organically from within, and it needs to be inclusive – from HR through to Finance. An agile transformation isn’t a project or a new process. It is a journey to a fundamental change in thinking from the top-down hierarchical approach that was once typical of 20th century organisations.
4. Rally the troops
Once management has decided to embark on an agile journey, you will need to build a team to lead the way. Ideally, this should be led by the C-suite, because it will affect everything within and outside your organisation. But if your agile leadership team includes top management only, it risks lacking credibility and will appear to be top-down. An agile transformation approach is, by definition, bottom-up and organic.
Your team needs to act as a unit of agile advocates who believe in their cause, want to make it happen and are prepared to fight for the idea. To survive, let alone thrive, your firm must learn to embrace the new business reality: you are entering the age of agile. And if you want to flourish, you need to rethink how to reshape your organisation to compete in a tough climate.
Learn more about Nedbank's products and services that can help you transform your business to more agile ways of working.
