Szendrey, Jaszmina (2021) Dealing with the Highly Complex and Disorderly Changing Business Environment in the Age of Rapid Decision Making, TAF, Glasgow, United Kingdom

DOI: 10.13140/RG.2.2.22958.64325/2
License: CC BY-NC 4.0

In today’s highly complex and disorderly changing business environment, organizations face serious challenges in developing and maintaining their competitive advantage. Moreover, as the timeframes for strategic actions are significantly reduced, the ability to make informed strategic decisions quickly becomes crucial. The purpose of this paper is to present the AKCI (Alertness, Knowledge, Creativity, and Innovation) conceptual framework, which summarizes the major characteristics of the business environment and the elements of an adequate response. The proposed framework adopts a strategic view and aims to guide thinking about the challenges and opportunities that organizations may encounter while dealing with the emerging business environment.