What is a potential consequence of lacking organizational agility?

Lacking organizational agility can lead to significant challenges when it comes to responding to market changes. Organizational agility refers to the ability of an organization to rapidly adapt and respond to internal and external environmental changes. Without this capability, an organization may struggle to adjust its strategies, processes, or products in a timely manner when faced with shifting market demands, technological advancements, or competitive pressures.

When an organization is not agile, it may miss opportunities for growth, fail to meet customer needs effectively, or lag behind competitors who can quickly pivot their operations or offerings. This can result in loss of market share and reduced relevance in the industry. In contrast, a high level of organizational agility enables a company to remain dynamic and responsive, fostering resilience and innovation in an ever-changing business landscape.