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Acronyms that contain the term Business agility
What does Business agility mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: Business agility.
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What does Business agility mean?
- Business agility
- Business agility is the ability of a business to adapt rapidly and cost efficiently in response to changes in the business environment. 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. Agility is a concept that incorporates the ideas of flexibility, balance, adaptability, and coordination under one umbrella. In a business context, agility typically refers to 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.
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"Business agility." Abbreviations.com. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.abbreviations.com/Business%20agility>.
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