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The flexible firm
Authors:Hans G Krijnen
Institution:Faculteit der Economische Wetenschappen, Universiteitscomplex Paddepoel, Postbus 800, Hoogbouw WSN, Groningen, The Netherlands
Abstract:In this article an attempt is made at giving a more concrete meaning to the notion of flexibility of a firm. The relationship between the dynamics of the environment on the one hand and the chosen strategy and organizational structure of the firm on the other, will be further analysed The aiming at flexibility is considered to be a separate economic basic goal next to rentability and independence, as firms increasingly happen to be in a turbulent environment. Special attention is given to the flexibility of a number of different organizational structures.It appears that a number of global recommendations can be made concerning the choice of strategy and organizational structure while explicitly taking the flexibility goal into account.
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