One key change in the company’s management style from its inception to present day is an increased focus on data-driven decision making. In order to be able to make informed decisions about budgeting for example, or staffing levels, as well as product development and other aspects, the company, since its inception, has developed a culture that involves collecting data and analysing it. This allows greater efficiency, as well as the identification of potential improvement opportunities that would have gone unnoticed otherwise.
A flat organization structure, which encourages collaboration among teams and does not rely on hierarchical structures as they used to do in the past, is another significant change. Employees working together in a more collaborative manner encourages creativity and improves communication within the company. It also allows for a quick pivot if necessary due to changing customer or market needs.
These two examples are representative of an overall trend to create business models which are flexible and adaptable, while maintaining high performance levels at all times. As such they serve as important examples of how companies can successfully manage their operations in today’s competitive environment.