- BMW, based in Munich, Germany
- Schneider Electric, based in Rueil-Malmaison, France
- Honeywell, based in New Jersey, U.S.
- Daikin, based in Osaka, Japan
Take BMW for example, with a Competitive Agility Index score of 63.8 (compared to the industry average of 34.6), the company has adopted the interdependent strategy with equal emphasis on sustainability and trust - something that some automotive companies have neglected. BMW factors in consideration of the environment along the entire value chain, and has a clear commitment to the preservation of resources embedded in its approach.Interestingly, the leaders identified by the analysis are in stark contrast to the leaders in market cap or total shareholder return - the more traditionally used metrics for success. "Traditional metrics are backward looking and only shed light on part of a company's operations, failing to register how strong a company is in areas like sustainability and trust," said Bill Theofilou, Senior Managing Director, Accenture Strategy. "Companies that don't adopt an interdependent strategy that integrates the three competitiveness dimensions are at risk for being over estimated by the market or worse, succumbing to the competition. The good news is every company can start improving their performance immediately - the key is knowing where to start." Moreover, the competitiveness dimension that automotive and industrial companies need to put immediate emphasis on is growth. "The dramatically changing sales channel structures, as well as the emergence of whole new mobility business models like car and ride sharing and electrification of cars, will offer enormous opportunities for the automotive company of the future in terms of growth. And those that do not seize these opportunities on time will be simply left behind," added Pearson. About the Research The Competitive Agility Index includes more than 350 companies across nine industry segments. To create the Index, Accenture Strategy analyzed a unique blend of publicly available data including historical and future consensus data and information on sustainability and trust efforts to determine company performance across three dimensions: growth, profitability and sustainability & trust. The Index gives each company a score on a scale of 1 to 100, based on performance across the three dimensions, relative to its industry peers.
About AccentureAccenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions - underpinned by the world's largest delivery network - Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 411,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com. Accenture Strategy operates at the intersection of business and technology. We bring together our capabilities in business, technology, operations and function strategy to help our clients envision and execute industry-specific strategies that support enterprise wide transformation. Our focus on issues related to digital disruption, competitiveness, global operating models, talent and leadership help drive both efficiencies and growth. For more information, follow @ AccentureStrat or visit www.accenture.com/strategy.