Abstract
AbstractIn the wake of globalization of business, the enterprise is supposed to be highly adaptive, responsive, and agile. This chapter presents the conceptual framework for a flexible enterprise in terms of its definition and composition. The SSS (Strategy-Structure-Systems) framework is used as a basis to propose the concept of a flexible enterprise. It provides a selective review of various aspects of flexibility in the enterprise. A flexible enterprise is expected to have flexibility at the levels of strategy, structure, systems, and people. The various types of flexibilities in an enterprise such as strategic flexibility, organizational flexibility, human resources flexibility, marketing flexibility, financial flexibility, and information systems flexibility are conceptualized and illustrated in this chapter. This chapter presents the concept of a flexible enterprise with the help of case examples on various fronts. Finally, it concludes by outlining the possibilities and directions of a flexibility maturity model for assessing the flexible enterprise.KeywordsBusiness ProcessOrganizational FlexibilityTata MotorStrategic FlexibilityFinancial FlexibilityThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
