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Agile Companies – Features And Benefits

Author

Listed:
  • Petra Lesníková
  • Andrea Janáková Sujová

Abstract

Rapid changes in the business environment underline the need for companies to move to flexible management and business models. Business agility as an ability to respond in a timely manner to unpredictable changes becomes the important factor of competitiveness. The main competitive advantage of agile companies is especially the constant innovative ability of processes or products. The aim of the paper is to summarize and reveal key features and main benefits of agile companies.

Suggested Citation

  • Petra Lesníková & Andrea Janáková Sujová, 2023. "Agile Companies – Features And Benefits," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 17(1), pages 80-89.
    • Handle: RePEc:isp:journl:v:17:y:2023:i:1:p:80-89
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    References listed on IDEAS

    as
    1. Ibrahim Rashed AlTaweel & Sulieman Ibraheem Al-Hawary, 2021. "The Mediating Role of Innovation Capability on the Relationship between Strategic Agility and Organizational Performance," Sustainability, MDPI, vol. 13(14), pages 1-14, July.
    2. Ai Ping Teoh & Kaih Yeang Lee & Rajendran Muthuveloo, 2017. "The Impact of Enterprise Risk Management, Strategic Agility, and Quality of Internal Audit Function on Firm Performance," International Review of Management and Marketing, Econjournals, vol. 7(1), pages 222-229.
    3. Eric Overby & Anandhi Bharadwaj & V Sambamurthy, 2006. "Enterprise agility and the enabling role of information technology," European Journal of Information Systems, Taylor & Francis Journals, vol. 15(2), pages 120-131, April.
    4. Marcel van Oosterhout & Eric Waarts & Jos van Hillegersberg, 2006. "Change factors requiring agility and implications for IT," European Journal of Information Systems, Taylor & Francis Journals, vol. 15(2), pages 132-145, April.
    5. Man Zhu & Hongyan Gao, 2021. "The antecedents of supply chain agility and their effect on business performance: an organizational strategy perspective," Operations Management Research, Springer, vol. 14(1), pages 166-176, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    business agility; agile enterprise; change management; competitiveness;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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