Canonical Correlation Analysis of Agility and Strategic Performance of Manufacturing Organizations

In this research¡ canonical correlation analysis has been done between agility¡ competitive advantage and organizational performance at manufacturing organizations. For reduction of variables¡ factor analysis was used. For achieving this purpose¡ at first. latent variables include agility¡ competitive advantage¡ and organizational performance was tested with using factor analysis. In our research model. agility latent variables are included enriching customer¡ mastering change and uncertainty. cooperate to enhance competitiveness¡ and leveraging impact of people and information. Competitive advantage is included time to market. price/cost. quality¡ product innovation¡ and reliability of delivery. Organizational performance also is included market performance and financial performance. Each of them (latent variables) are measuring with own indicators. Then canonical correlation analysis was used to relationship between agility with competitive advantage and organizational performance. Results reveals a statistically significant relationships between agility variables with strategic performance of manufacturing organizations. SAS version 9.1 and Lisrel version 8.54 are used for computation.