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Marketing agility in volatile, uncertain, complex and ambiguous (VUCA) contexts: a systematic literature review and future research agenda

Gary Eckstein Orcid Logo, Anup Shrestha Orcid Logo, Anne-Marie Sassenburg Orcid Logo, Yogesh Dwivedi Orcid Logo

Management Review Quarterly

Swansea University Author: Yogesh Dwivedi Orcid Logo

  • Accepted Manuscript under embargo until: 14th November 2024

Abstract

Firms increasingly need to be customer-focused and adaptable to changing markets. Marketing agility (MA), a dynamic capability, supports an organization to respond to market changes faster, often resulting in performance benefits. While MA provides advantages in volatile, uncertain, complex, and amb...

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Published in: Management Review Quarterly
ISSN: 2198-1620 2198-1639
Published: Springer Science and Business Media LLC 2023
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa64920
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Abstract: Firms increasingly need to be customer-focused and adaptable to changing markets. Marketing agility (MA), a dynamic capability, supports an organization to respond to market changes faster, often resulting in performance benefits. While MA provides advantages in volatile, uncertain, complex, and ambiguous (VUCA) contexts, limited research exists that inform MA conceptualization and practice in VUCA contexts. Furthermore, conceptualization of MA has resulted in many, often overlapping, constructs. In this review, we searched four databases and used snowballing to arrive at a corpus of 27 articles. The corpus is summarised using the theory–context–characteristics–methodology framework, with an emphasis on practical implementation. From our findings, we offer propositions in response to our research question that addresses an important research gap, and future research directions are discussed. We advance theory and offer conceptual clarity by finding that MA in VUCA contexts may be reimagined using seven overarching constructs and summarizing extant literature that will benefit academics and practitioners.
Keywords: Dynamic capabilities, Marketing agility, Sensemaking, Systematic literature review, TCCM, VUCA
College: Faculty of Humanities and Social Sciences
Funders: This research is supported by an Australian Government Research Training Program (RTP) Scholarship.