Multiple Perspectives of Flexible Systems Management

Excerpt

Flexible Systems Management is an emerging paradigm that relates with management of organizations placed in a chaotic business environment. The business environment has been changing over a period of time, which at times may be fairly turbulent and dramatic. This creates uncertainties and dynamics of high order. In order to cope with it, both for survival and growth in a competitive manner, business organizations have to look for innovative strategies and mechanisms. The paradigm of ‘flexible systems management’ (the focus of this Journal) is associated with multiple perspectives such as holistic management of organizational paradoxes with systemic flexibility; business agility infused by new information and communication technologies; innovation, strategic change and risk; and flexibility in various operations for achieving business excellence. …