Building the Conceptual Enterprise Resilience Framework

Khalil Dindarian

Chapter 6 in Embracing the Black Swan, 2023, pp 81-87 from Springer

Abstract: Abstract An analysis of the four knowledge areas of Strategy, Resilience, Complexity, and ERM has allowed us to better understand their relationship with each other. We know that changes in the business and operating environment influence strategic thinking and decision-making, making strategic planning essential. It is now time to turn our attention to how this knowledge and understanding might be employed to create a strategy that will be effective in times of uncertainty arising from complex environmental changes that can severely damage business continuity. The proposed Enterprise Resilience Framework can form the basis of this strategy. The characteristics of strategic management are identified, with a look at the critical factors of strategic decision-making and those contributing to Complexity. The relationships between nine key strategic factors and resilience are established, and the processes of different ERM frameworks and risk factors are shown.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-031-29344-3_6

Ordering information: This item can be ordered from
http://www.springer.com/9783031293443

DOI: 10.1007/978-3-031-29344-3_6

Access Statistics for this chapter

More chapters in Future of Business and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().