Key reasons why flexibility is necessary

[babyrazia113]

Why is strategic flexibility important?
Strategic flexibility is the ability of a company to quickly adapt to market changes, internal challenges and customer expectations. Instead of rigid plans calculated for a year ahead, companies use dynamic planning , which involves regular adjustment of goals, processes and resources.


Instability of the economic environment . Changes usa mobile database in exchange rates, problems with logistics and rising prices require a prompt response.
Increased competition . The market is becoming oversaturated, and customers are increasingly choosing those companies that can offer individual solutions in the shortest possible time.

Changing customer needs . Modern customers expect not only a quality product , but also a quick response to their requests.
Technological transformation . The development of AI and automation is changing the approach to sales and requires businesses to be flexible in integrating new solutions.
Key elements of a flexible strategy
1. Flexible planning and revision of KPIs
Rigid plans are no longer relevant in a changing environment. Instead, companies are adopting an iterative approach :