ORGANISATIONAL RESILIENCE: BUILDING BUSINESS VALUE IN A CHANGING WORLD

As an indication of development ecological, economic and social frame conditions change due to global adjustments. More competition, open markets, changes in political frameworks, structural changes etc. form 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 an integrative 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 to achieve progress in the modelling of organisational resilience