Business Agility

Business agility is the “ability of a [business system] to rapidly respond to change by adapting its initial stable configuration”. Business agility can be maintained by maintaining and adapting goods and services to meet customer demands, adjusting to the changes in a business environment and taking advantage of human resources. In a business context, agility is the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways. The agile enterprise is an extension of this concept, referring to an organization that utilizes key principles of complex adaptive systems and complexity science to achieve success. One can say that business agility is the outcome of Organizational intelligence.