Study: The Agile Performer Index | Page 6

06 AGILITY Agility is today widely understood to be the highest form of organizational adaptability. An organization’s reaction to external developments, followed by timely action within internal processes and product portfolios, is vital to prevail in a continuously changing market environment. In this report, the authors investigate whether this capability is also reflected in the company’s financial performance. STRATEGIZING Agility is an organization’s ability to make timely, effective, and sustained changes resulting in performance advantages. On the basis of the survey, the Agile Performer Index identifies 14 factors that make for an agile company. These factors can be organized into FOUR AGILITY ROUTINES: STRATEGIZING This routine describes how top managers create an environment where the organization’s purpose – it’s "raison d’être" – and strategy are widely disseminated and shared, constantly challenged, and continuously evolving. Everyone is motivated to take responsibility for their own actions and regard the organization as their own. AGILITY FACTORS: STRATEGY We have developed robust, flexible strategies valid across the company that integrate the needs of our customers, the competitive environment and the contribution of our employees. IDENTITY We are known in the external environment for our innovative, adaptable and customer-oriented attitude, and we believe this philosophy and these values represent the way we work. PURPOSE We have defined and communicated an inspiring, values-based corporate purpose that sustains the company on its path into the future. SUSTAINABILITY Sustainability is fundamental to our activities and processes. Alongside change and innovation, it is an essential element in the purpose, values and beliefs of our company. PERCEIVING This routine builds a synaptic organization with internal and external links that continually gather and assimilate information. The perceiving routine enables the organization to identify changes early, to communicate them to decisionmakers and enact appropriate responses. AGILITY FACTORS: STRUCTURE Our employees work in structures with a strong focus on the marketplace. As many people as possible have direct contact with the external environment and especially customers. INFORMATION FLOW We ensure that information can flow quickly, transparently and unfiltered between operational-level people and decision-makers, both vertically and horizontally. Our managers keep staff up to date on how the company is performing. FUTURE ORIENTATION Incorporating the future and its alternative possibilities is an essential part of all management reviews. All employees are encouraged to contribute their ideas.