In what way can outsourcing enhance business agility?

Outsourcing enhances business agility by enabling companies to respond quickly to market changes and streamline operations. When a business outsources certain functions or processes, it can focus on its core competencies and adapt more swiftly to shifts in market demand or competitive pressures. This flexibility allows companies to allocate resources more efficiently, innovate, and implement changes without being bogged down by the complexities of managing every aspect internally.

By leveraging external expertise and resources, businesses can also scale their operations up or down as needed, which is essential in a fast-paced environment. As a result, outsourcing supports a more dynamic business model that can pivot in response to new opportunities or challenges.