Adopting agile ways of working makes a company five times more likely than competitors to be a top performer, with faster growth and higher profits, according to a new report from The Boston Consulting Group (BCG), “Boosting Performance Through Organization Design”. The report describes agile as ‘a concept borrowed from software development, describes workplace processes that emphasise speed, autonomy, and teamwork to get products to market faster’. It is one of six key factors of organisation design that set top performers apart from rivals, according to results of a BCG survey included in the report.
Truly agile companies build the practice into everything they do, said Fabrice Roghé, a Düsseldorf–based senior partner at BCG and coleader of the firm’s People & Organization practice. “They make it a point to create agile leadership models where managers become coaches, and give teams leeway to figure out how to reach set targets.”