In a world of dynamic market opportunities, organisations must have an efficient and flexible structure that can respond to change in the business world. Changes can be of any form including changes in business processes, organizational structures, job functions, and technology. Organizations which can adapt enough to respond to changing scenarios are best equipped to take advantage of changing market dynamics and environment. Business enterprises that can adapt the fastest build a competitive edge in the market. However, enterprises where organizational adaptability is slow due to established work culture and process routines suffer a business lag in the market.