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Organizational Agility |
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Description of Organizational Agility. Explanation. |
Definition Organizational Agility. Description.
Organizational Agility is the ability or capacity of an company or organization to quickly and consistently adapt to changes in the external environment, by identifying and capturing business opportunities in a more skillful way than its competitors. While Organizational Absorption tries to deal with these circumstances via defensive mechanisms, the focus of organizational agility is on establishing an adapting, flexible and offensive organization.
Agility is a concept that incorporates the ideas of flexibility, balance, adaptability, and coordination under one umbrella. In a business context, agility typically refers to the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways. There are at least 3 forms of agility (Donald Sull in HBR, February 2009): ForumCompare with: Organizational Absorption | Agile Absorption | Crisis Management | Strategic Risk Management | Scenario Planning | Game Theory | Real Options | First-mover Advantage |
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End of description Organizational Agility. An explanation. |
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