WHY DO COMPANIES NEED TO BECOME BUSINESS AGILE?

The new currency of business is to build an execution machine, a business agile organization. This means the ability to execute on a plan, relentlessly and seamlessly in the middle of volatile and changeable conditions.

DIGITAL GOAL STEERING

The world is evolving ever faster. It has, for example, been estimated that 75% of the world’s largest companies today will not be around in ten years’ time.

More and more companies realize that survival will not come for free. Most companies also know what they need to do in order to succeed, but the biggest problem is actually making it happen. This is where digital goal steering and business agility come into play.

STRATEGIES START TO EVOLVE

During the middle of the twentieth century, strategies became almost mandatory for successful enterprises. With the United States leading the way, such strategies have become more professional, with more in-depth analyses and wider scope. They are characterized by:

  • Inside-out perspectives
  • Long time horizons of strategic plans (typically 5-10 years)
  • Top-down in terms of execution
  • Often hard to grasp for employees
  • Steering through KPIs and numerous goals

There is a growing need for faster strategy execution, and possibilities of steering and measuring progress and results. Concepts such as “strategy acceleration” and “business agility” have started to evolve. They are characterized by the following:

  • Adaptation to a faster pace of change
  • Clear “must-wins” along the way
  • Involving the employees in both planning and execution
  • Focus on fewer but the most important goals

BUSINESS VALUE

Companies that execute their strategies faster than the competition on average have a 40% higher growth rate and a 52% higher relative profit than their competitors.

By measuring, steering and visualizing the most important initiatives, it quickly becomes clear how each team contributes to the company’s success.

If the organisation also successfully adapts to a constantly changing market by proactively focusing on the most important activities surrounding the initiatives, it is three times more likely to be financially high-performing compared to other companies.

There’s a need for acceleration software to improve the time of strategy execution and effectiveness of business operations by keeping track of what is happening and making proactive initiatives visible (Gartner 2018)

THE PROBLEM THAT MOST COMPANIES HAVE

One of the biggest problem companies face when it comes to succeeding with their strategies is that they are failing to create understanding and momentum in a stringent way at all levels of the organisation.

ARE YOU READY?

We will help you identify your strategic initiatives and guarantee acceleration!

STRATEGY ACCELERATION

FASTER – MEASURABLE – MORE ENJOYABLE

Would you like to know how your company can improve its ability to change in step with the world around you? Would you like to be able to measure execution and link it to financial results? Would you like to know how to create more time for strategy execution in your organization? READ THIS BOOK!!

Also contains future-spotting and the latest trend—becoming “Business agile”

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