August 2014
Intermediate to advanced
208 pages
5h 24m
English
It is a bad plan that admits of no modification.
—Publilius Syrus, first century b.c.
In our research, organizations that possess the routines of agility—strategizing, perceiving, testing, and implementing—consistently outperformed their industry peers over long periods of time. Organizations that did not have these routines exhibited profit performance patterns that either thrashed about the industry mean as they were buffeted by environmental forces or chronically underperformed the industry mean as if their energies were spent. In our financial database of 424 firms, only 18 percent of them could meet the 80-percent standard of above-average profitability, and in our survey database, where we tried to find ...
Read now
Unlock full access