Business agility

Business agility refers to rapid, continuous, and systematic evolutionary adaptation and entrepreneurial innovation directed at gaining and maintaining competitive advantage.[1] Business agility can be sustained by maintaining and adapting the goods and services offered to meet with customer demands, adjusting to the marketplace changes in a business environment, and taking advantage of available human resources.[2]

In a business context, agility is the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways. An extension of this concept is the agile enterprise, which refers to an organization that uses key principles of complex adaptive systems and complexity science to achieve success.[3] Business agility is the outcome of organizational intelligence.

  1. ^ Baškarada, Saša (2020). "The Seven S's of Organizational Agility". AWS Cloud Enterprise Strategy Blog. Archived from the original on 2020-11-01.
  2. ^ Nikos C. Tsourveloudi, Kimon P. Valavanis (2002). "On the Measurement of Enterprise Agility". Journal of Intelligent and Robotic Systems. 33 (3): 329–342. doi:10.1023/A:1015096909316. S2CID 17032103.
  3. ^ Dyer, L. and Ericksen, J. (2009). Complexity-based Agile Enterprises: Putting Self-Organizing Emergence to Work. In A. Wilkinson et al (eds.). The Sage Handbook of Human Resource Management. London: Sage: 436–457.