Operational Resilience in the Business-Battlespace
Ron Matthews (),
Irfan Ansari () and
Bryan Watters ()
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Ron Matthews: Cranfield University at the Defence Academy of the UK, Postal: Shrivenham, Swindon, SN6 8LA, https://www.cranfield.ac.uk
Irfan Ansari: Cranfield University at the Defence Academy of the UK, Postal: Shrivenham, Swindon, SN6 8LA, https://www.cranfield.ac.uk
Bryan Watters: Cranfield University at the Defence Academy of the UK, Postal: Shrivenham, Swindon, SN6 8LA, https://www.cranfield.ac.uk
Journal of Financial Transformation, 2021, vol. 53, 146-157
Abstract:
The purpose of this paper is to explore the interconnectivity between defense, security, and business, particularly when viewed through the prism of operational resilience. The standard stereotype depicts the military acting as a harbinger of destruction while business represents the motive force of wealth generation. This is too simplistic, however. Militaries fight wars, but they also make an important contribution to addressing the expanding array of non-traditional threats that form part of national security, including wildfires, floods, earthquakes and, of of course, pandemics, such as COVID-19. The military's physical resources, attitudinal robustness, and rigorous planning regimes represent three of the more important dimensions of military operational resilience. Mutual commercial-military benefits can be gained via a "two-way" street in the adoption of best-practice resilience solutions. There is a recognition that just as military resource managers can learn from business, so equally can business learn from the military. The U.K. case is offered to illustrate the principles, policies and practices of military operational resilience.
Keywords: defense; security; business; operational resilience; military; commercial; financial; leadership (search for similar items in EconPapers)
JEL-codes: H50 H54 M41 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jofitr:1664
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