Rising Every Time We Fall: Organizational Fortitude and Response to Adversities

Celina Smith (), Emanuela Rondi, Alfredo de Massis and Mattias Nordqvist
Additional contact information
Celina Smith: EM - EMLyon Business School
Emanuela Rondi: UniBg - Università degli Studi di Bergamo = University of Bergamo
Alfredo de Massis: Free University of Bozen-Bolzano, Lancaster University, Zhejiang University [Hangzhou, China]
Mattias Nordqvist: SSE - Stockholm School of Economics, Jönköping University - Jönköping University [Sweden]

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Abstract: "The role of organizational resilience enabling firms to respond to adversity and survive has become ever more critical in the wake of an increasingly unpredictable external environment. Yet, while we understand the importance of resilience in responding to a major adversity, we have little appreciation for how firms are affected and react when facing multiple adversities over time, or how multilevel factors might impose on this process. These are crucial issues given that adversities are not necessarily single, isolated, or infrequent episodes. By studying a long-established family firm in the United Kingdom that experienced four major adversities, we identify the process that enabled it not only to survive but also to thrive. In this qualitative study, we introduce the notion of organizational fortitude to describe the approach that a firm develops to cope with the challenges of multiple unexpected adversities and highlight how multilevel factors combine to foster organizational fortitude."

Keywords: Resilience; family firms; organizational fortitude; adversity; case study (search for similar items in EconPapers)
Date: 2023-05
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Citations: View citations in EconPapers (2)

Published in Journal of Management, 2023, 50 (5), 1865-1910 p. ⟨10.1177/01492063231164969⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04325685

DOI: 10.1177/01492063231164969

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