Organisations and its leadership team are confronted with the challenge of emerging digital economy, fast-changing innovations, globalisation and pandemics such as Covid-19. Organisations need to alter its business models to counter these effects, hence being strategically agile. Among the most prominent solutions proposed by various authors are a set of capabilities, such as strategic sensitivity, resource fluidity and leadership unity in organisational settings. In this research, we are proposing the Dynamic Cloud Capability (DCC) Framework which aims to help organisations realize an IT/IS strategy enabling them to improve Strategic Agility. DCC builds upon Dynamic IT Capability theory. We will be using a quantitative survey-based approach that involves IT SMEs in Australia, to investigate the effect of DCC on Resource Fluidity and Strategic Agility. This is a research in progress article, which intends to outline the literature review, theoretical underpinning, research methodology and expected results.