Adaptive Strategy
An Adaptive Strategy refers to a flexible approach that organizations or individuals use to respond to changing environments or circumstances. This strategy emphasizes the ability to adjust plans and actions based on new information, challenges, or opportunities. By being adaptable, entities can better navigate uncertainties and enhance their chances of success.
In business, an adaptive strategy often involves continuous learning and innovation. Companies may analyze market trends, customer feedback, and competitive actions to refine their products or services. This proactive stance allows them to remain relevant and competitive in dynamic markets, ultimately leading to sustainable growth and resilience.