Agility is broadly defined as an organization’s capability to respond and adapt quickly and effectively to the changing environment. Linda Holbeche discovers why organizations need to exercise agility in order to be truly resilient
After a decade of unprecedented global economic and geopolitical uncertainty, many companies and institutions face extreme competitive and operating pressures with squeezed budgets and margins. Is it any wonder then that organizational agility now sits high on executive and board agendas in every sector? An overwhelming majority (88%) of executives in a substantial 2009 study by the Economist Intelligence Survey (EIU) cited agility as key to global success.