Strategic flexibility and business performance: The need for cross-dimension alignment

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Firms must have the capacity to adapt to changing business and customer needs in today’s constantly evolving market environment. Building effective strategic flexibility can help meet these challenges providing that variables in its three dimensions are appropriately addressed to reflect specific organization and industry characteristics.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2021), "Strategic flexibility and business performance: The need for cross-dimension alignment", Strategic Direction, Vol. 37 No. 8, pp. 24-27. https://doi.org/10.1108/SD-07-2021-0072