How a nimble company switches business model : Discovering strategic agility’s fit with SMEs’ needs
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 The findings suggest a partial fit of the existing strategic agility framework for small and medium-sized enterprises (SMEs). Two of the proposed meta-capabilities (leadership unity and resource fluidity) seem inherent to SMEs because they apply easily to this context, although they need to be downscaled. One meta-capability (strategic sensitivity) is less natural and therefore more critical for an SME. An additional meta-capability (resourcefulness) arises as very important for SMEs to be able to overcome some of their size-caused limitations. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. 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.
Year of publication: |
2017
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Published in: |
Strategic Direction. - Emerald Publishing Limited, ISSN 1758-8588, ZDB-ID 2089990-7. - Vol. 33.2017, 7, p. 11-13
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Publisher: |
Emerald Publishing Limited |
Subject: | Business model | SME | Business model innovation | Temporary work | Strategic agility |
Saved in:
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