Achieving Success/Survival in the Global Textile Complex through Organizational Resilience

The dynamics in the Global Textile Complex are increasingly becoming uncertain in its space and occurrence considering the changes and challenges of globalization. Success or survival of the firms, thus, has become imperative by embracing these changes/challenges. The paper highlights organizational resilience (OR) to be the common denominator for success or survival of firms, achieved by absorbing, reducing or anticipating these changes, understanding and learning from success and failures and hence realistically and dynamically aligning its resources and culture to be market-adaptive, yet uniquely for each firm. The paper concludes with charting the successful journey of the ACG Group, analyzed along the prescribed resilience framework to strengthen the argument