Study: The Agile Performer Index | Page 10

10 03 AGILITY AS A COMPETITIVE FACTOR Continuing with established, orthodox structures is no way to head into an uncertain future that promises fast-paced bursts of innovation and disruptive developments. Change is putting every industry – from media, telecommunications and financial services to energy and engineering – under enormous pressure to succeed, creating an imperative to be more agile across every design dimension. Our research suggests that agile organizations are significantly more successful than their competitors over the long term. A comparison of agility levels with financial performance reveals that the most agile companies are 2.7 times more successful than the average of non-agile companies. To obtain these insights, the companies surveyed were organized by agility score 3) into quartiles. Top quartile firms posted above-average performance seven out of the last 10 years (69%); those in the lowest quartile were able to outperform their competition only 26% of the time. || The Agile Performer Index confirms: Agility is key to being successful in a dynamic, digitally transformed competitive environment. AGILITY AND COMPANY PERFORMANCE PERFORMANCE 0.8 0.7 0.6 0.5 0.4 0.3 0.2 26% ~2.7x 36% 44% 69% n=129 0.1 0.0 4 3 2 1 X% Performance: percentage of years profitability was above the industry median AGILITY QUARTILE 3) The agility score is calculated based on a survey with over 40 questions, each with a possible score from 1 to 5. The answers are aggregated to the 14 agility factors with an equal weight for each factor, which in turn are equally aggregated to the 4 agility routines maintaining the possible score from 1 to 5 for each routine. The sum of the 4 routines’ score is multiplied by 5 leading to a total score ranging from 20 to 100. The potential minimum score of 20 is indexed to 0, scores higher than 20 continuously increase from 0 to 100.