Emergence of the agile enterprise: Building organizations for the global, digital economy

Abstract

The emerging global, digital economy is forcing businesses to devise new strategies, develop new capabilities, design new organizational structures, and deploy new business models. The disruptive effect of fast technological innovations and adoptions redefine the essence of today's competitiveness. Traditional forms of organization can no longer respond effectively to the new marketplace dynamics. Businesses cannot compete with inflexible infrastructures, outmoded business models, and fixed products and services. Across the business landscape, we are witnessing the emergence of Agile Enterprise. In order to thrive successfully, these enterprises adopt new visions & values, embrace breakthrough culture, cultivate entrepreneurial teams, and construct adaptive infrastructures. We use the concept to accentuate the imperativeness of today's organizations to anticipate changes, adapt swiftly to the changes and assert effectively for strategic gains. This chapter elaborates and explores Agile Enterprise within the context of today's marketplace.