Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 Pandemic

Konstantin Neumann, Tim van Erp, Erik Steinhöfel, Felix Sieckmann and Holger Kohl
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Konstantin Neumann: Fraunhofer Institute for Production Systems and Design Technology, 10587 Berlin, Germany
Tim van Erp: German Electrical and Electronic Manufacturers’ Association (ZVEI), 60528 Frankfurt am Main, Germany
Erik Steinhöfel: Fraunhofer Institute for Production Systems and Design Technology, 10587 Berlin, Germany
Felix Sieckmann: Fraunhofer Institute for Production Systems and Design Technology, 10587 Berlin, Germany
Holger Kohl: Fraunhofer Institute for Production Systems and Design Technology, 10587 Berlin, Germany

Sustainability, 2021, vol. 13, issue 11, 1-20

Abstract: The COVID-19 pandemic represents a massive, often unanticipated, external disruption for many companies. As a concept for responding to such disruption, organizational resilience has recently received great attention. In the organizational context, the overriding question is how companies can become more resilient. This study aims to contribute to answering this question by identifying, categorizing, and providing specific business model patterns for achieving resilience on the corporate level. For this purpose, a review of publications by major consulting firms was conducted. Patterns were extracted from publications until a convergence criterion indicated that no new pattern could be identified considering further publications. The 110 extracted unique patterns were clustered into 13 objectives, and additionally categorized according to resilience phases, as well as business model elements, to support the application in practice. The final catalog of patterns was validated through expert interviews and thus provides organizations, such as those in the electrical industry, with an overview and specific approaches on how to tackle industrial resilience through the adaption of their business model.

Keywords: organizational resilience; business model; resilience measure; business model pattern; COVID-19; pandemic; crisis; risk management; business continuity; electrical industry (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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