IDEAS home Printed from https://ideas.repec.org/a/isp/journl/v17y2023i1p80-89.html
   My bibliography  Save this article

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
    as

    Download full text from publisher

    File URL: https://www.scientific-publications.net/get/1000060/1698073446833888.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Saeid Homayoun & Mahdi Salehi & AmirHossein ArminKia & Vesna Novakovic, 2024. "The Mediating Effect of Innovative Performance on the Relationship Between the Use of Information Technology and Organizational Agility in SMEs," Sustainability, MDPI, vol. 16(22), pages 1-23, November.
    2. Hongyi Mao & Zongjun Wang & Lin Yi, 2021. "Does Entrepreneurial Orientation Lead to Successful Sustainable Innovation? The Evidence from Chinese Environmentally Friendly Companies," Sustainability, MDPI, vol. 13(18), pages 1-19, September.
    3. Yaffa Moskovich, 2023. "Communal Organizational Culture as a Source of Business-Success Sustainability in Kibbutz Industry—Two Case Studies," Sustainability, MDPI, vol. 15(13), pages 1-19, July.
    4. Tobias D. Herbst & J. Piet Hausberg, 2024. "Improving Innovation Performance by Means of Open Innovation: The Role of Entrepreneurial Orientation and Information Technology Capability," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 21(03), pages 1-31, May.
    5. repec:bfv:journl:014 is not listed on IDEAS
    6. Lenka Syrová & Jindřich Špička, 2023. "Exploring the indirect links between enterprise risk management and the financial performance of SMEs," Risk Management, Palgrave Macmillan, vol. 25(1), pages 1-27, March.
    7. Marina Rybalka, 2024. "Innovation Pattern Heterogeneity and Firm Strategic Agility: Push- and Pull-Effects of COVID-19 on Firms’ Innovation Strategies," Businesses, MDPI, vol. 4(4), pages 1-24, October.
    8. Akter, Shahriar & Hossain, Md Afnan & Sajib, Shahriar & Sultana, Saida & Rahman, Mahfuzur & Vrontis, Demetris & McCarthy, Grace, 2023. "A framework for AI-powered service innovation capability: Review and agenda for future research," Technovation, Elsevier, vol. 125(C).
    9. Wong, David T.W. & Ngai, Eric W.T., 2023. "The impact of advanced manufacturing technology, sensing and analytics capabilities, and planning comprehensiveness on sustained competitive advantage: The moderating role of environmental uncertainty," International Journal of Production Economics, Elsevier, vol. 265(C).
    10. Muhammad Awais & Amanat Ali & Muhammad Sajid Khattak & Muhammad Irfanullah Arfeen & Muhammad Azam I. Chaudhary & Aleena Syed, 2023. "Strategic Flexibility and Organizational Performance: Mediating Role of Innovation," SAGE Open, , vol. 13(2), pages 21582440231, June.
    11. Nyamrunda, Frank Charles & Freeman, Susan, 2021. "Strategic agility, dynamic relational capability and trust among SMEs in transitional economies," Journal of World Business, Elsevier, vol. 56(3).
    12. Huigang Liang & Nianxin Wang & Yajiong Xue, 2022. "Juggling Information Technology (IT) Exploration and Exploitation: A Proportional Balance View of IT Ambidexterity," Information Systems Research, INFORMS, vol. 33(4), pages 1386-1402, December.
    13. Ibrahim Mutambik & Abdullah Almuqrin, 2024. "The Best of Both Worlds: How Financial Growth Can Engender Improved Sustainability for Businesses," Sustainability, MDPI, vol. 16(11), pages 1-23, June.
    14. Wiweko Probojakti & Hamidah Nayati Utami & Arik Prasetya & Muhammad Faisal Riza, 2024. "Building Sustainable Competitive Advantage in Banking through Organizational Agility," Sustainability, MDPI, vol. 16(19), pages 1-15, September.
    15. Wu, Chih-Wen & Botella-Carrubi, Dolores & Blanco-González-Tejero, Cristina, 2024. "The empirical study of digital marketing strategy and performance in small and medium-sized enterprises (SMEs)," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    16. Qining Deng & K. Noorliza, 2023. "Integration, Resilience, and Innovation Capability Enhance LSPs’ Operational Performance," Sustainability, MDPI, vol. 15(2), pages 1-22, January.
    17. Ahammad, Mohammad Faisal & Basu, Shubhabrata & Munjal, Surender & Clegg, Jeremy & Shoham, Ofra Bazel, 2021. "Strategic agility, environmental uncertainties and international performance: The perspective of Indian firms," Journal of World Business, Elsevier, vol. 56(4).
    18. Sultan Alaswad Alenazi & Tawfeeq Mohammed Alanazi, 2023. "The Mediating Role of Sustainable Dynamic Capabilities in the Effect of Social Customer Relationship Management on Sustainable Competitive Advantage: A Study on SMEs in Saudi Arabia," Sustainability, MDPI, vol. 15(3), pages 1-12, January.
    19. Zhu, Xiumei & Li, Yue, 2023. "The use of data-driven insight in ambidextrous digital transformation: How do resource orchestration, organizational strategic decision-making, and organizational agility matter?," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    20. Talaei-Khoei, Amir & Yang, Alan T. & Masialeti, Masialeti, 2024. "How does incorporating ChatGPT within a firm reinforce agility-mediated performance? The moderating role of innovation infusion and firms’ ethical identity," Technovation, Elsevier, vol. 132(C).
    21. Enrique de Diego Ruiz & Paloma Almodóvar & Ignacio Danvila del Valle, 2023. "What drives strategic agility? Evidence from a fuzzy-set qualitative comparative analysis (FsQCA)," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 599-627, June.

    More about this item

    Keywords

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

    JEL classification:

    • A - General Economics and Teaching

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isp:journl:v:17:y:2023:i:1:p:80-89. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Svetoslav Ivanov (email available below). General contact details of provider: https://www.scientific-publications.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.