By Rob Starr, Content Manager, Big4.com
Leading Australian and New Zealand organisations have shared their inner workings in a world first study to understand the value and elements of organisational agility.
Research for the collaborative PwC and University of Melbourne Faculty of Business and Economics study has involved 60 executives from 18 organisations that span some of the highest profile organisation in Australia and New Zealand including ASX top 50 to government departments and private businesses. The businesses represent a broad cross section of industries including mining, retail, health and technology.
The PwC and University of Melbourne newly developed “HVP Agility Model” recognises that agility has many dimensions but is based on three core capacities: Horizon, Velocity and Plasticity.”
PwC and University of Melbourne will use the HVP Agility Model and continuing collaborative research to produce an Agility Index as a tool to confirm that agility generates greater shareholder returns. It will allow organisations to review their strengths and weaknesses, track improvement over time and correlate this with overall performance and shareholder returns.