What contributes to adaptive company resilience? A conceptual and practical approach. Issue 4 (4th July 2016)

• Record Type: Journal Article
• Authors: Menéndez Blanco, Juan Manuel; Montes Botella, José Luis
• Is Part Of: Development and learning in organizations. Volume 30:Issue 4(2016)
• Page Start: 17
• Page End: 20
• Publication Date: 2016-07-04
• Subjects: Adaptability -- Productivity -- Organizational change and learning -- Human resources -- Company resilience -- R + D; Organizational learning -- Periodicals; Employees -- Training of -- Periodicals; Training -- Periodicals; Organizational change -- Periodicals; 658.3124
• DOI: 10.1108/DLO-10-2015-0080
• Languages: English
• ISSNs: 1477-7282

Abstract

Abstract : Purpose: This paper aims to explore how companies could adapt to challenges derived from globalization, competitiveness and knowledge-based economy through resiliency as organizational property. It delves to into the factors enhancing the termed nurtured, especially those related to human resources and innovation. Design/methodology/approach: The research approach is framed within the long run analysis of the internal perspective of resources and business performance (resources-based model) and the theory of complex adaptive systems. According to these approaches, methods and variables for empirically assess company resilience are proposed. Findings: Main findings indicate a considerable contribution of human resources and innovation to company resilience. Besides, adaptive company resilience requires product diversification and productivity. By strengthening and developing nurtured resilience, a company is equipped to quickly recovering after being adversely affected by a shock, withstand shocks and avoid shocks. Practical implications: Resilience focus management could be an additional tool for managing the unexpected and also complementary to early warning systems. Originality/value: This paper regards resilience as an integrated and overall framework for developing company internal capabilities balancing efficiency and adaptability (and does not consider it, merely, as an add-on).