Navigating uncertainty: a comprehensive literature review of strategic flexibility in various sectors
Sanpreet Singh Arora,
Doordarshi Singh and
Ishbir Singh
International Journal of Management Concepts and Philosophy, 2026, vol. 19, issue 2, 199-213
Abstract:
Strategic flexibility is a concept in strategic management that refers to an organisation's resilience and flexibility to changing circumstances, markets and competitive environments. It involves the capacity to make timely adjustments to strategies, structures and resources in order to seize opportunities and mitigate risks. Strategic flexibility enables organisations to remain competitive and resilient in dynamic and uncertain business landscapes. For this, strategic flexibility encompasses several dimensions that organisations can leverage to navigate complex and ever changing business environments. Also, in the manufacturing industry, strategic flexibility is of paramount importance due to the dynamic nature of global markets, evolving technologies and changing customer demands. In this article, we will try to define strategic flexibility within the framework of the manufacturing business, as well as provide an overview of its significance and its many dimensions.
Keywords: strategic flexibility; manufacturing industry; supply chain; small scale industry; medium scale industry. (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmcph:v:19:y:2026:i:2:p:199-213
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