Organizational Resilience (Flexibility and Agility): Review Article
DOI:
https://doi.org/10.59890/ijfbm.v3i6.147Keywords:
Organizational Resilience, Flexibility, AgilityAbstract
Organizational flexibility is a fundamental characteristic of modern organizations operating in dynamic and changing environments. The importance of organizational flexibility lies in its ability to enable organizations to gain and maintain a sustainable competitive advantage in a rapidly changing environment. Achieving stability in the global market has become more challenging than ever before, requiring organizations to be more agile and adaptable to external variables. The research focuses on understanding how organizational flexibility, encompassing dimensions such as strategic, operational, and financial flexibility, contributes to improved overall organizational performance. It also seeks to identify the mediating mechanisms and variables that enhance the relationship between organizational flexibility and institutional performance, considering the environmental context in which organizations operate. Previous studies confirm that organizations with higher levels of flexibility are more efficient at dealing with market uncertainties and fluctuations, and can redirect their resources more quickly to address emerging challenges. Furthermore, organizational flexibility contributes to improved decision-making processes and fosters organizational innovation, which directly translates into enhanced long-term financial and competitive performance.
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