Journal
JOURNAL OF BUSINESS RESEARCH
Volume 171, Issue -, Pages -Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.jbusres.2023.114334
Keywords
Organizational resilience; Multinational enterprise; Global disruption; Dynamic process model; Corporate performance
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Organizational resilience has become a critical concept in today's international business environment. It encompasses multiple levels including individuals, organizations, ecosystems, institutions, and the global level, and is examined through a dynamic process model to help multinational enterprises navigate change, adapt to adversity, and achieve success.
As organizations navigate an increasingly volatile and unpredictable landscape, the concept of organizational resilience has garnered significant attention. Such global disruptions fundamentally alter the course of international business affairs through a range of events spanning from natural disasters to political upheavals, economic downturns, pandemics, and technological advancements. These disruptions are widespread and cause multinational enterprises (MNEs) to face challenges and uncertainties that obstruct their success. The concept of organizational resilience has developed as a critical factor for firms to not only survive but thrive when faced with adversities. This research examines the multilevel elements of organizational resilience through a dynamic process model to enable MNEs to navigate change, adapt to adversity, and sustain success at five levels: (1) individual, (2) organizational, (3) ecosystem, (4) institutional, and (5) global. By embracing a dynamic approach to organizational resilience, MNEs can thrive against uncertainty and seize profitable opportunities in a challenging business environment.
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