Business

Corporate performance measure and evaluate how an entity achieves its objectives, delivers value to its stakeholders, and ultimately, succeeds in its mission. As such, performance serves as the yardstick for assessing the efficiency, effectiveness; and overall health of a given entity. On the other hand, strategic agility is the ability to quickly sense and respond to changes, adapt strategies, and seize opportunities in the changing environment. Agility serves as the capacity for an entity to redirect resources to create value; and it is a dynamic capability that confers competitive advantage and improves performance. The book contends that in an era characterized by rapid technological advancements and evolving market dynamics, the imperative for organizations to cultivate strategic agility has never been more pronounced. It further lays bare the significant gap in understanding how strategic agility through its various enablers- namely organizational culture, adaptive leadership, technological innovations, and strategic partnerships can effectively be harnessed to enhance performance of organizations, particularly within the public sector. In respect to unclaimed financial assets management in Kenya, the book highlights that the country’s designated regime managing agency, thus the Unclaimed Financial Assets Authority, ought to embrace strategic agility enablers with greater emphasis placed on organizational culture and steady investment in technological innovations (for instance digitalization), for it to realize enhanced corporate performance. By so doing, this has the greater chance of mitigating the commonplace performance crisis among similar organizations, despite high stakeholder expectations. This book shares about the intricacies of managing the unclaimed financial assets regime in Africa, highlighting the Kenya’s Unclaimed Financial Assets management as a case study. It underscores the principles of positioning a robust unclaimed financial assets regime in Africa and its implications for such institutional management on the national economies. When such calls to action are well responded to, then the chance of averting performance delivery challenges in such or similar institutions, within and beyond our time, space and geographies is plausible. Resultantly, institutions thrive, and economies prosper, thereby securing sustainable development.