Ovidius University Annals: Economic Sciences Series (Aug 2023)

The Age of Agile Enterprises

  • Sorin-George Toma

Journal volume & issue
Vol. XXIII, no. 1
pp. 822 – 828

Abstract

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Since the turn of the century, the global market environment has become hypercompetitive. As the pace of technological novelty continues to abruptly advance, the competition between enterprises will be more intense. In order to meet customer expectations and quickly respond to market changes, enterprises has to apply agility to their processes, products and/or services. It is basically a winning business philosophy and mindset that should be part of any organizational culture as agility conducts to productivity gains, quality improvement and innovation. The aims of the paper are to define the agile enterprise concept and briefly characterize this type of enterprise. To reach the goals of the paper, the author used a qualitative research method based on a desk research exploration. The paper contributes to a better understanding of the agile enterprise concept. Also, it briefly illustrates some of the key features of agile enterprises that led to their expansion worldwide.

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