Or organizational agility is the capacity of a business organization to adapt to long-run changes in products, markets, or technology. Agility is sometimes contrasted with ‘flexibility’, understood as the short-term capacity of the firm to adjust its labour costs to demands of the business cycle. The concept of organizational agility is akin to that of the learning organization in that it is based on the belief that organizations with a knowledgeable and adaptive workforce are equipped to survive in a continually changing environment. [See flexible firm model.]
Subjects: Sports and Exercise Medicine — Human Resource Management.