STRUCTURAL FLEXIBILITY AND CORPORATE RESPONSIVENESS IN THE BUSINESS ENVIRONMENT: A THEORETICAL REVIEW

Abstract

The diverse nature of modern business operations and environment has made it a strategic necessity for organization to have a proper understanding of the spontaneous activities in their business environment. It was based on this notion that this study theoretically reviewed literature on the role of structural flexibility on corporate responsiveness to business environment, x-rayed the three basic measures of corporate responsiveness. Consequently, the study found that structural flexibility plays inestimable role in the facilitating of corporate responsiveness in reacting to changes in business environment. Given these findings, we conclude that in the organization, structural flexibility predicts corporate responsiveness. Finally, the study recommended thus: that management of organization should emphasize the need for the effective reconfiguration of its system to ensure the development of capabilities that fosters flexibility and seamless operations and that organizations should provide the necessary leadership that will motivate employees to develop and sustain skills that facilitates responsive actions. JEL: D01; D20; D23 Article visualizations: