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This book is aimed at contemplating and reflecting on future course of action for businesses in order to become more resilient. It discusses various predicaments and prospects around building enduring organizations. By demonstrating how to build strong and resilient systems that can survive catastrophes witnessed in the past few years, it offers practical solutions by discussing the current researches, the-oretical insights, experiences and lessons which can inspire and empower business leaders, academics, students, policy makers and other stakeholders in economics.
With organizational environments becoming more unstable, uncertain and equivocal, the concept of resilience has become increasingly significant for management studies. Resilience connotes organizational, team and individual capacities to absorb external shocks and to learn from them, while simultaneously preparing for and responding to external jolts. This book pinpoints the essential aspects of managerial and organizational resilience and offers insights that stimulate critical thinking. As the concept of resilience is essentially made up of contrasting forces, the volume presents some innovative synthetic interpretation that allows a deeper comprehension of the phenomenon and provides managers and policy-makers with a solid basis for taking their decisions.
WHAT DOES IT MEAN TO BE A "RESILIENT" ORGANIZATION? It means you are not a prisoner of past performance, good or bad; you don't rely on the right leader alone for success but build the capability to be resilient into the organization. You constantly rehearse the culture of anticipating and responding to change, and you innovate even when you don't yet need to. You don't just survive, you thrive--amidst challenge and opportunity. This essential guide, written by a renowned expert in global resilience strategy, shows you how to be smart about success and failure. With these field-tested forward-focused tools, you can: SURVIVE SHOCKS AND SETBACKS TURN THREATS INTO OPPORTUNITIES ANTICIPATE CHANGE BEFORE IT HAPPENS ENSURE YOUR SUCCESS IS SUSTAINABLE As a bonus, the book features Postcards from the Resilient Edge, a powerhouse selection of frontline lessons from leading corporations that demonstrate ways you can marshal skill and master luck to take control of your organization's destiny. THE DEFINITIVE GUIDE TO THE NEW RESILIENCE MOVEMENT One of the most powerful trends born of the New Recession, resilience has become the operative word for business leaders and entrepreneurs facing an unpredictable market. On the forefront of this movement, global innovator and strategy consultant professor Liisa Välikangas has created a step-by-step system of proven survival strategies you can put into action immediately. Whether you need to bounce back from a downturn, take the fight to new competitors, or change your game plan at a moment's notice, The Resilient Organization shows you how to rethink your current strategies--and rebuild your company’s foundation--using four basic tools . . . INNOVATION with high impact and low overhead DESIGN that is robust, sustainable, and evolvable ADAPTABILITY to changing circumstances STRENGTH in the face of adversity By creating a culture of resilience in your organization, you'll be prepared for any challenge the future might hold. The Resilient Organization's fascinating case studies provide real-world examples of resilience in action: how to recover faster from hardships, how to experiment on new opportunities in a timely manner, how to avoid repeating bad business decisions, and when to scrap old strategiesthat just don't work anymore. Using the timetested principles of resilience, you can find golden opportunities in any situation--whether it's tough competition, reduced resources, or a roller-coaster market. If you're strategically resilient, you not only survive crises, but you can turn these crises into opportunities. LIISA VÄLIKANGAS, PH.D., is professor of innovation management at the Aalto University School of Economics (formerly Helsinki School of Economics) in Finland. She is the cofounder and president of Innovation Democracy, a nonprofi t global organization dedicated to supporting local innovation and entrepreneurship. Her research on innovation, strategy, and organization has been published in Harvard Business Review, MIT/Sloan Management Review, and The Wall Street Journal. With Gary Hamel, she coauthored the Harvard Business Review article "The Quest for Resilience" and cofounded the Woodside Institute, a research organization dedicated to advancing management innovation. Professor Välikangas currently divides her time between Helsinki and California.
This book is aimed at contemplating and reflecting on future course of action for businesses in order to become more resilient. It discusses various predicaments and prospects around building enduring organizations. By demonstrating how to build strong and resilient systems that can survive catastrophes witnessed in the past few years, it offers practical solutions by discussing the current researches, the-oretical insights, experiences and lessons which can inspire and empower business leaders, academics, students, policy makers and other stakeholders in economics.
The factor that makes some communities rebound quickly from disasters while others fall apart: “A fascinating book on an important topic.”—E.L. Hirsch, in Choice Each year, natural disasters threaten the strength and stability of communities worldwide. Yet responses to the challenges of recovery vary greatly and in ways that aren’t explained by the magnitude of the catastrophe or the amount of aid provided by national governments or the international community. The difference between resilience and disrepair, as Daniel P. Aldrich shows, lies in the depth of communities’ social capital. Building Resilience highlights the critical role of social capital in the ability of a community to withstand disaster and rebuild both the infrastructure and the ties that are at the foundation of any community. Aldrich examines the post-disaster responses of four distinct communities—Tokyo following the 1923 earthquake, Kobe after the 1995 earthquake, Tamil Nadu after the 2004 Indian Ocean Tsunami, and New Orleans post-Katrina—and finds that those with robust social networks were better able to coordinate recovery. In addition to quickly disseminating information and financial and physical assistance, communities with an abundance of social capital were able to minimize the migration of people and valuable resources out of the area. With governments increasingly overstretched and natural disasters likely to increase in frequency and intensity, a thorough understanding of what contributes to efficient reconstruction is more important than ever. Building Resilience underscores a critical component of an effective response.
Global Problems, Global Solutions: Prospects for a Better World by JoAnn Chirico approaches social problems from a global perspective with an emphasis on using one’s sociological imagination. Perfect for instructors who involve students in research, this text connects problems borne by individuals to regional, global, and historical forces, and stresses the importance of evidence in forming opinions and policies addressing social issues. The book introduces readers to the complexities of the major problems that confront us today such as violent conflict, poverty, climate change, human trafficking and other issues that we encounter in our lives. It book concludes with a chapter on politics and government, underscoring the need for good governance at all levels–and cooperation among many layers of government–to build a better world.
Coastal communities are at the frontline of a changing climate. Escalating problems created by sea-level rise, a greater number of severe coastal storms, and other repercussions of climate change will exacerbate already pervasive impacts resulting from rapid coastal population growth and intensification of development. To prosper in the coming deca
Natural disasters in recent years have brought the study of disaster resiliency to the forefront. The importance of community preparedness and sustainability has been underscored by such calamities as Hurricane Katrina in 2005 and the Japanese tsunami in 2011. Natural disasters will inevitably continue to occur, but by understanding the concept of resiliency as well as the factors that lead to it, communities can minimize their vulnerabilities and increase their resilience. In this volume, editors Naim Kapucu, Christopher V. Hawkins, and Fernando I. Rivera gather an impressive array of scholars to provide a much needed re-think to the topic disaster resiliency. Previous research on the subject has mainly focused on case studies, but this book offers a more systematic and empirical assessment of resiliency, while at the same time delving into new areas of exploration, including vulnerabilities of mobile home parks, the importance of asset mapping, and the differences between rural and urban locations. Employing a variety of statistical techniques and applying these to disasters in the United States and worldwide, this book examines resiliency through comparative methods which examine public management and policy, community planning and development, and, on the individual level, the ways in which culture, socio-economic status, and social networks contribute to resiliency. The analyses drawn will lead to the development of strategies for community preparation, response, and recovery to natural disasters. Combining the concept of resiliency, the factors that most account for the resiliency of communities, and the various policies and government operations that can be developed to increase the sustainability of communities in face of disasters, the editors and contributors have assembled an essential resource to scholars in emergency planning, management, and policy, as well as upper-level students studying disaster management and policy.
This open access book brings together scholars in the fields of management, public policy, regional studies, and organization theory around the concept of resilience. The aim is to provide a more holistic understanding of the complex phenomenon of resilience from a multi-sectorial, cross-national, and multidisciplinary perspective. The book facilitates a conversation across diverse disciplinary specializations and empirical domains. The authors contribute both to theory testing and theory development and provide key empirical insights useful for societies, organizations, and individuals experiencing disruptive pressures, not least in the context of a post-COVID-19 world. Diverse chapters are held together by a clear organization of the volume across levels of analysis (resilience in organizations and societies) and by an original perspective on resilience derived from an extended review, by the editors, of the existing literature and knowledge gaps, according to which each of the individual chapter contributions is positioned and connected to.