The business environment is fraught with more threats and opportunities than three years ago, due to disruptive technologies, the internet of things, more demanding customers, and increasing regulations. Organizations, which must keep pace with these developments, are concerned with their ability to sift through and respond to new opportunities and threats in a timely manner. This is where the concept of organizational agility comes into play.

Organizational agility, not to be confused with the Agile software development, is the ability to quickly identify and execute initiatives for opportunities and risks that align with overall strategy. This means that to avoid risks and to achieve competitive advantages, organizations not only must stay aware of changes in their business environments, but also be flexible enough to change direction and implement new initiatives quickly.

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