Table 1

Past definitions of agility

Enterprise agilityAbility of a firm to sense environmental change and react accordingly based on components of sensing and reacting to change
Dynamic Capabilities“A firm’s building, integration, and reconfiguration of internal and external competencies to address rapidly changing environments” (Teece, Pisano, & Shuen, 1997)
Extenuation of the Resource Based View into high-velocity markets
Strategic FlexibilityDefined as the organizational ability to manage economic and political risks by promptly responding in a proactive or reactive manner to market threats and opportunities (Battistella, De Toni, De Zan, & Pessot, 2017; Grewal & Tansuhaj, 2001)
Business AgilityExemplified by organizations that are resourceful, quick to respond to changes, and highly adaptable (Mathiassen & Pries-Heje, 2006)
Operational Agility“A company's capacity, within a focused business model, to find and seize opportunities to improve operations and processes” (Sull, 2010)
Portfolio Agility“The ability to quickly and effectively shift resources, including cash, talent, and managerial attention, out of less-promising units and into more-attractive ones” (Sull, 2010)
Organizational agilityCapacity of an organization to efficiently and effectively redeploy/redirect its resources to value-creating and value protecting (and capturing) higher-yield activities as internal and external circumstances warrant (Teece et al., 1997)

Source(s): Own elaboration

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