Thriving in a Fast-Changing World

Introduction

At Leader’s Talk #17, Dr. Tiendung (TJ) Le, Associate Professor at RMIT University, Melbourne, Australia, and Chair of the PMI Agile Special Interest Group for APAC, led an insightful discussion on ING’s Agile transformation.

The session provided valuable perspectives on Agile methodologies and the critical role of a growth mindset in navigating rapid market changes.

Case Study: ING’s Agile Transformation

Why the Need for Change?

In 2015, despite strong business performance, ING recognized shifting customer behaviors driven by emerging digital channels. Customers increasingly expected seamless, high-quality experiences across multiple touchpoints. To maintain its competitive edge, ING embarked on an Agile transformation to enhance responsiveness and customer-centricity.

How ING Implemented Agile

Structural Overhaul: ING restructured its headquarters, reorganizing 3,500 employees into small, cross-functional squads of nine members. Each squad managed end-to-end processes independently while receiving specialized support from dedicated chapters.

Cultural Shift: The organization fostered a culture of openness, proactivity, and collaboration. Physical office barriers were removed to create shared workspaces that encouraged knowledge exchange. Additionally, ING introduced the “Orange Code,” a new set of workplace values emphasizing accountability, empowerment, and customer-centricity.

Talent Acquisition and Retention: A new hiring approach was adopted, prioritizing candidates whose mindset and cultural fit aligned with Agile principles. Existing employees were required to reapply for roles under the new framework to ensure alignment with the transformation objectives.

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Results Achieved

  • Accelerated Product Development: Agile methodologies enabled ING to significantly reduce time-to-market for new products.
  • Enhanced Customer Satisfaction: The transformation allowed the company to better meet evolving customer expectations.
  • Improved Employee Engagement: Autonomous squads and a collaborative culture led to increased motivation and job satisfaction.
  • Higher Productivity: Agile eliminated inefficiencies, streamlined workflows, and fostered greater cross-functional collaboration.

Read the case study here.

Key Takeaways from the Discussion

Factors Behind ING’s Successful Agile Adoption

  • Commitment to Continuous Learning: ING actively studied leading tech companies like Google, Netflix, and Spotify to refine its Agile approach.
  • Strong Leadership Support: The executive team provided consistent backing for the transformation, ensuring alignment across all levels of the organization.
  • Customer-Centric Focus: Every initiative was driven by the goal of enhancing customer experiences, which served as a unifying force throughout the transition.
  • Flexibility and Adaptability: The redesign of office spaces to encourage collaboration exemplified ING’s commitment to Agile’s core principle of adaptability.

Key Takeaways on Agile Implementation

Agile is not a rigid framework with strict rules; rather, it embodies an organization’s ability to adapt, select the most suitable methodologies, and empower individuals to achieve shared objectives effectively.

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The Role of Growth Mindset in a Rapidly Evolving Business Landscape

The decline of once-dominant companies like Kodak, Nokia, and BlackBerry underscores a crucial reality: stagnation in an era of rapid transformation leads to obsolescence. A growth mindset is essential for individuals and organizations to remain competitive and resilient.

Characteristics of a Growth Mindset

  • Ability to grow: Individuals with a growth mindset trust in their ability to improve through continuous learning and perseverance.
  • Commitment to Growth: They actively seek self-improvement opportunities and are internally motivated to expand their skills and knowledge.
  • Viewing Feedback as an Opportunity: Constructive criticism is valued as a tool for progress rather than as a setback.
  • Embracing Change and Uncertainty: Adaptability is a key trait, with challenges considered opportunities for innovation and growth.
  • Lifelong Learning Mentality: A natural curiosity and proactive approach to acquiring new knowledge and skills are central to this mindset.

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Conclusion

Leader’s Talk #17 offered profound insights into ING’s Agile transformation, emphasizing the reasons behind the shift, the implementation process, and the lessons learned. Dr. Tiendung (TJ) Le’s discussion highlighted the indispensable role of Agile in modern organizations and the necessity of a growth mindset in today’s dynamic business environment. By embracing these principles, organizations can optimize processes, foster innovation, and create long-term value for their teams and customers.

We look forward to future Leader’s Talk sessions, where we will continue exploring transformative business strategies and leadership insights.

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