Networks and resilience

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Chapter 10 in Resilience and the Management of Nonprofit Organizations, 2022, pp 127-140 from Edward Elgar Publishing

Abstract: Most nonprofits belong to multiple, diverse networks. These networks can be formal, such as federations or professional or trade associations, or informal and ad hoc networks created to address specific problems or issues. Networks provide opportunities for nonprofits to build social capital, as well as to achieve potential cost savings through economies of scale and scope. These networks are an important source of resilience because they offer various forms of assistance to nonprofits in challenging circumstances. In particular, network relationships, especially if they are sufficiently redundant, reciprocal and robust, can serve as reservoirs of support and even safety nets for individual network members. Nonprofit resilience requires nonprofits to engage in networks with both strong and weak ties. Strong ties can offer the slack resources on which nonprofits can draw in a crisis while weak ties generate new ideas and information with which nonprofits can build their resilience strategies over time.

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2022
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