What is organizational agility and why is it important? (elaborate)

Literature:

Agility is a complex construct that can take multiple forms. It captures an organization's ability to develop and quickly apply flexible, nimble, and dynamic capabilities. Originally linked with software development, lean manufacturing, just-in-time supply chains, and process improvement methodologies in the 1990s, agility theory is now informed by complexity science and encompasses more broadly an organization's capacity to respond, adapt quickly, and thrive in the changing environment.

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Organizational Agility Organizational agility refers to an entitys capability to swiftly and effectively adapt to changes in its environment whether they be internal or external It involves the abilit... View the full answer