business resilience research
The findings are summarised in the several key areas including definitions, methodological and theoretical perspectives, barriers and enablers to building resilience, and current research on small and medium-sized enterprises. We draw on current empirical literature in the areas of business and tourism resilience to identify the scope of actionable design interventions. Focus On Enhancing Adaptability. We end with avenues for future research and practice. "This book is fundamental. This has resulted in a general confusion surrounding the concept of resilience and its relationship to similar constructs. It allows companies to adapt quickly to disruptions, maintain continuous business operations and safeguard people, assets and brand equity. This chapter develops a model of resilient action in situations where established rules or behavioural routines are either not available or are misleading, thus exposing actors to high means-end ambiguity. The Policy A reflection of IT related challenges during the pandemic, Knowledge for natural disaster-resilient businesses in emerging economies: a focus on decision-making by tourism entrepreneurs, Covid-19 pandemic and Work from Home for Business resiliency, Tourism Entrepreneur Natural Disaster Recovery Model, Emerging economy entrepreneurs and open data: Decision-making for natural disaster resilience, Forensic disaster analysis of flood damage at commercial and industrial firms, Business and Post Disaster Management: Business, Organisational and Consumer Resilience and the Christchurch Earthquakes, Managing Information to Support a Social Licence to Operate. It is based on our qualitative research in the Austrian Military (high degree of publicness) on cases of resilient field action, especially as regards ‘bouncing back’ incidents. Resilience in the supply chain is the ability to retain, resume, and recover operations after an intense destructive incident. Current weather and climate trends are presenting a grim outlook ahead of us. , acceptance and integration. This chapter maps out the major changes of the opera since its origin in its country of birth, Italy, discussing whether this evolution displays a form of transformative resilience. resilience may provide interesting and useful insights into effective resilience management. More effort appears to have been devoted to research into the effects of flooding of domestic properties, despite the fact that businesses provide the basis for economic stability and growth (Tierney, 1995) (Dahlhamer and Tierney, 1998, Webb et al., 2000, Rodriguez et al., 2006). “For six decades since the discovery of the satellite cell, it has not been possible to expand therapeutic numbers of satellite cells in vitro, until we made real headway on it at Harvard,” said Rubin. Resilience and Harvard University have established a five-year R&D alliance to develop complex medicines. This book is ideal for entrepreneurs, managers, economists, directors, shareholders, researchers, academicians, and students interested in how businesses reinvent and recover following a global health crisis. Positive organizational scholarship is concerned with dynamics that enable organizational strength and flourishing. Providing a coherent and clear narrative, Creating Resilient Economies offers a theoretical analysis of resilience and provides guidance to policymakers with regards to fostering more resilient economies and people. The Business Resilience Programme is an initiative that is funded by the Combined Authority and has been developed by Growth Platform as part of a suite of measures to support Liverpool City Region businesses as they push for growth and seek to realise new opportunities. There is no accepted single definition of SLTO and this author understands. Organisational Resilience: Concepts, Integration, and Practice brings together, for the first time, key works that describe the scope and nature of resilience and provides direction to tak This new global challenge has probably contributed to the... Current weather and climate trends are presenting a grim outlook ahead of us. Resilient organisations are best placed to survive an economic slowdown and ride out uncertainty. In this concluding chapter, we look at both the extensiveness of the concept, reviewing the range of complementary concepts that have been engaged by the authors, and how it can be delimited to maintain conceptual distinctiveness and explanatory value. Today, Covid-19 is upending how work is defined, what companies and organizations represent and what they do. organizational responses to external threats, (2) organizational reliability, (3) employee strengths, (4) the adaptability of business models or (5) design principles that reduce supply chain vulnerabilities and disruptions. The research found that the number of Champions within midsized and enterprise companies has more than doubled from 6% to 14% since 2020. By continuously advancing the science of biopharmaceutical manufacturing and development, Resilience aims to free partners to focus on the discoveries that improve patients’ lives. Previous research has studied individual conditions for durability, ignoring the intricate interplay between these conditions. That's why it's critical to have a business resilience plan in place. The implications of these POB concepts for the workplace are given particular attention. Eighteen years (2000-2018) of tourism and business resilience research were reviewed by a panel of experts to identify reoccurring topics, issues and problems. The economic and social impacts of natural disasters are increasing throughout the world, particularly in developing countries. We conclude that in order for entrepreneurs in emerging economies to strengthen their businesses’ resilience to natural disasters in the digital economy era, adjustments in their decision-making processes need to be made. But why are business actors always left out of the picture? More than 90 startups have launched to commercialize Harvard technologies in the past 5 years, collectively raising more than $4.5 billion in financing. Third, resilience has a temporal dimension that can be articulated in regard to forecasting, mechanisms and outcomes. The originality of this paper lies in the classification of different features of SCRES through a comprehensive concept mapping framework that establishes relationships and interactions between them. Williams and Vorley (2014, p. 259) argue that the response of local businesses and enterprises to rapid change and shocks is critical for economic development. Analyzing these records shows that resilience research has developed into five research streams, or lines of enquiry, which view resilience either as (1) organizational responses to external threats, (2) organizational reliability, (3) employee strengths, (4) the adaptability of business models, or (5) design principles that reduce supply chain vulnerabilities and disruptions. At the same time, there is a distinct danger of concept stretching. Resilient organisations are best placed to survive an economic slowdown and ride out uncertainty. “This research alliance with Resilience will help support biomedical innovation at Harvard,” said Isaac Kohlberg, Harvard’s Chief Technology Development Officer and Senior Associate Provost. an organizational resilience perspective on ports as critical infrastructures, From Risk to Resilience: Learning to Deal With Disruption, Reclaiming resilience and safety: Resilience activation in the critical period of crisis, Learning through failure: The strategy of small losses, Building a secure and resilient supply network. Why ESG Is Critical To Business Resilience. A systematic review of the literature, published over a period of 15 years (2003 –2017), is conducted by employing two methods: first, keywords are used to collect relevant articles; second, the references, Purpose However, a clear trend in resilience to climate change and weather extremes is the growing focus on communities as the real protagonists of this process. We argue that HROs are more central to the mainstream because they provide a unique window into organizational effectiveness under trying conditions. Forty-one percent of the survey respondents said that COVID-19 had triggered structural changes to the resilience or business continuity functions. Metallic bridges the business resilience gap using data intelligence. This book provides a guide to building emotional, mental and physical resilience by presenting ten factors to help anyone become more resilient to life's challenges. The constructs of resilience, the history of resilience theory, models of resilience, variables of resilience, career resilience, and organizational resilience will be examined and discussed as they relate to leadership development. Specifically, the book finds that local-level private-public collaboration is essential to the development of community resilience. Developing a mindset of resilience during changes and crises. Ultimately, digital transformation and business resilience is about being able to consider all possibilities and outcomes, including those far ahead in the . To illustrate our proposal to increase organizational resilience, we introduce an exemplary real case stemming from the practice of the emergency management organizations under scrutiny of our research team; this case is reconstructed as a conversational narrative of the two key participants. Supply chain, regulatory and business interruption risk felt most acutely but confidence is high in ability to manage pandemic and cyber risk. Or in other words: How much continuity is necessary to recognize resilience in the same entity? We assume that adverse events, crises, and accidents are not inevitable; rather, they result from small problems, surprises, and lapses that shift, grow, and escalate until they are too big to handle. D&I plays a crucial role in business resilience, research has found 12,000 insurance professionals from 30+ countries surveyed to understand the role of D&I during the pandemic 92% of respondents agree that the global pandemic has highlighted an even greater need for businesses to focus on building diverse and inclusive workplaces
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