Adaptive strength: Unveiling a multilevel dynamic process model for organizational resilience
Elizabeth Napier,
Steven Y.H. Liu and
Jingting Liu
Journal of Business Research, 2024, vol. 171, issue C
Abstract:
As organizations navigate an increasingly volatile and unpredictable landscape, the concept of organizational resilience has garnered significant attention. Such global disruptions fundamentally alter the course of international business affairs through a range of events spanning from natural disasters to political upheavals, economic downturns, pandemics, and technological advancements. These disruptions are widespread and cause multinational enterprises (MNEs) to face challenges and uncertainties that obstruct their success. The concept of organizational resilience has developed as a critical factor for firms to not only survive but thrive when faced with adversities. This research examines the multilevel elements of organizational resilience through a dynamic process model to enable MNEs to navigate change, adapt to adversity, and sustain success at five levels: (1) individual, (2) organizational, (3) ecosystem, (4) institutional, and (5) global. By embracing a dynamic approach to organizational resilience, MNEs canthrive against uncertainty and seize profitable opportunities in a challenging business environment.
Keywords: Organizational resilience; Multinational enterprise; Global disruption; Dynamic process model; Corporate performance (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:171:y:2024:i:c:s0148296323006938
DOI: 10.1016/j.jbusres.2023.114334
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