Title: Organisational resilience: building business value in a changing world

Authors: Erika Quendler

Addresses: Federal Institute of Agricultural Economics, Marxergasse 2, 1030 Vienna, Austria

Abstract: As an indication of development, ecological, economic and social frame conditions change owing to local, national and global adjustments. More competition, open markets, changes in political frameworks, structural changes, etc., make up the challenges for economies as a whole, organisations and employees. On the whole, however, the discussion about challenges often forgets the consequences for 'organisational' resilience, i.e., an organisation's capacity to anticipate disturbance, adapt to events, and create lasting value and thrive in a changing world. The notion of a resilient organisation is an emerging concept to clarify and cope with the modern day pace of change. By linking resilience theory with the sustainable transition process of organisations, this contribution has attempted to explore opportunities for and barriers to the diffusion, institutionalisation and implementation of resilience concepts from a holistic perspective. Furthermore, this contribution works toward a unified theory of resilience to help embrace and manage organisational change effectively when considering the concept of a sustainable future. Recommendations are provided for continued research in the modelling of organisational resilience.

Keywords: building resilience; organisational resilience; theory of resilience.

DOI: 10.1504/JIBED.2017.10005151

Journal for International Business and Entrepreneurship Development, 2017 Vol.10 No.2, pp.101 - 119

Received: 22 Dec 2015
Accepted: 11 Apr 2016

Published online: 18 May 2017 *

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