Resilience In Times Of Crisis Research Articles

EXAMINING THE TREND OF INNOVATIVE WORK BEHAVIOUR LITERATURE: A BIBLIOMETRIC ANALYSIS

The concept of innovative work behaviour (IWB) has received attention as a strategy to be competitive for an organisation. Given the intricate nature of the global landscape, the emergence of new risks, and the need to enhance organisational resilience in times of crisis, the significance of IWB becomes pertinent, particularly for the public sector. This paper examines the development and the current trends of IWB research from the perspectives of bibliometric indicators. This study retrieved a total of 1,574 documents from the Scopus database between the years 1963 and 2023. The analysis of this study used several tools – Microsoft Excel, VOSviewer, and Harzing's Publish or Perish. The findings of this study show the increasing trends over the last ten years in various disciplines. Research results indicate that IWB research mostly appears in the subject areas of Business, Management, Accounting, Social Sciences, Psychology, Economics and Finance. This study also reveals that China, the United States, Pakistan, Indonesia, and Malaysia have become the five major countries that have created collaborative IWB research. In light of this, the results of this investigation furnish crucial data for advancing IWB research in the realm of multidisciplinary studies.

Leadership Styles and Organizational Resilience in Times of Crisis in Sudan

Purpose: The aim of the study was to assess the leadership styles and organizational resilience in times of crisis in Sudan.
 Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
 Findings: Research on leadership styles and organizational resilience in times of crisis underscores the critical role of leadership in navigating turbulent environments. Studies suggest that transformational leadership, characterized by vision, inspiration, and individualized consideration, tends to foster organizational resilience by promoting adaptability, innovation, and employee commitment. Additionally, servant leadership, which prioritizes the needs of others and emphasizes empathy and humility, has been linked to enhanced organizational resilience through fostering trust, collaboration, and a sense of community.
 Implications to Theory, Practice and Policy: Contingency theory, social exchange theory and complexity leadership theory may be use to anchor future studies on assessing the leadership styles and organizational resilience in times of crisis in Sudan. Organizations, both public and private, should prioritize leadership development initiatives aimed at nurturing transformational leadership behaviors among their leaders. Policymakers should recognize the importance of leadership in promoting organizational resilience and incorporate leadership development initiatives into crisis management policies and strategies.

ESG investments in the Covid-19 pandemic

The objective of this study is to analyze the effect of investment in environmental, social and governance (ESG) factors on the financial performance of Brazilian companies and on the accumulated abnormal return during the Covid-19 pandemic period. To this end, two theoretical portfolios of the Brazilian market were compared: one composed of ISE (Sustainability Index) companies and the other of Ibovespa companies. The impact of financial performance variables on Abnormal Returns during the Covid-19 pandemic period was analyzed using the Event Study method. This study obtained mixed results. ISE companies obtained higher CAR for the period of the pandemic, demonstrating greater resilience during the crisis. In addition, lower volatility was observed for ESG stocks. The results of the regression models did not identify a positive relationship between profitability indicators and CAR for ISE companies. On the other hand, in line with the hypotheses of this study, there was a positive association between Tobin’s Q of ESG companies and CAR. This research can be useful for academics and investors, as it expands the evidence of ESG investments in terms of financial performance in an emerging market, such as Brazil, and their resilience in times of crisis. Finally, managers, investors, creditors and other professionals may be interested in the results of this research, since ESG investments can develop a competitive advantage, contributing to the long-term success of the business.

Organizational Resilience in Times of Crisis: Its Relation with Work-Life Balance and Work Engagement

Organizational Resilience in Times of Crisis: Its Relation with Work-Life Balance and Work Engagement

Enterprise Long-term Development and Survival in The Crisis

The paper encompasses an examination of the challenges that small and medium-sized enterprises may face during periods of economic depression, as well as the essential capabilities required for enterprises to sustain long-term competitiveness in such circumstances. By comparing the operational strategies employed by companies that successfully weathered economic crises with those that went bankrupt within the same industry and timeframe, this study identifies key factors contributing to enterprise resilience in times of crisis. These factors primarily include research and development efforts towards new product innovation, optimization of enterprise capital structure, and investment in human capital. Additionally, this paper analyzes the feasibility macroeconomic environments across different regions or countries, consumer demand patterns and confidence levels, as well as human capital availability and skill sets. In this way, smes in different countries can find their own solutions to cope with the crisis during the economic depression.

Turning crisis into chances: Tourism entrepreneurs’ timing strategies amidst emergencies

PURPOSE: Nowadays enterprises operate in a very turbulent environment characterized by frequent, significant, and often unpredictable changes. Such conditions, including crises, force enterprises to take quick actions to adapt to changing conditions. The aim of the paper is to identify chances and timing strategies used by tourism entrepreneurs in conditions of large-scale emergencies (such as COVID-19) and show how they can serve organizational resilience. METHODOLOGY: Qualitative research was conducted in the form of 12 individual in-depth interviews and 4 focus group interviews with 22 representatives of selected industries in the tourism sector. The concept of chance management and timing strategies is used to present how, according to our interviewees, changes in the environment caused by the pandemic contributed to the survival and development of their entities in the tourism market. FINDINGS: The research findings showed that changes caused by the pandemic allowed entities to identify several chances. These chances mainly concerned the introduction of changes to the offer (accelerating previously planned changes and enabling the introduction of unplanned changes). Moreover, they provided the chances to use held digital competences and time to think about the company’s development strategy, as well as establishing and developing relationships with stakeholders. Additionally, our research identified four timing strategies used by tourism entrepreneurs in the time of crisis, i.e. chance-grasping strategy, chance-entraining strategy, chance-riding strategy, and chance-creating strategy. IMPLICATIONS: Tourism enterprises are highly exposed to operating in crisis conditions. Therefore, chance management can be very useful in their activity and our research findings can be also useful regarding its theoretical and practical implications. From the theoretical point of view, we show how the concept of chance management (in particular timing strategies) can be useful for analyzing the reactions of tourism entrepreneurs to changes in times of crisis and taking advantage of opportunities arising from crisis situations. From a practical point of view, we show what strategies, depending on entrepreneurs’ subjective assessment of the current and future conditions for implementing changes, can serve organizational resilience in times of crisis. ORIGINALITY AND VALUE: This paper fills a research gap related to the use of the concepts of chance management and timing strategies from the perspective of tourist enterprises resilience, previously not used in this context and to a limited extent used in the general management literature so far.

Pandemic mothering: Mothers' experiences of adaptation and resilience during the COVID‐19 pandemic

AbstractResearch suggests that the demands of parenting have increased during the COVID‐19 pandemic, especially for mothers. Widespread loss of childcare and in‐person schooling forced parents to make adjustments to care for their children in new ways, many while working remotely. This qualitative study, guided by Walsh's theory of family resilience, examines mothers' experiences with stress and resilience as they adapted to the COVID‐19 pandemic. Data were gathered as part of a longitudinal, mixed‐methods study that examined family stress and resilience among mothers of children ages zero to five. The authors conducted in‐depth interviews between June and August 2020 with mothers (n = 15) of children under age six. Three themes emerged to characterize pandemic parenting: 24/7 parenting, changing expectations, and making it work. Recommendations are provided for researchers and practitioners working with mothers of young children, with emphasis on mothers' aptitudes for resilience in times of crisis.

Implications of Crises on Start-Up Management and Ways to Increase Business Resilience and Sustainable Development

Abstract This paper aims to conduct an in-depth analysis of how recent crises have been experienced by Romanian start-ups from the perspective of their managers, through quantitative research. The authors also aimed to investigate the interest of entrepreneurs in sustainably developing their businesses and the actions they aim to take in this direction. Data were collected from a sample of 216 respondents, managers of start-ups operating in the Center and South-West Oltenia Regions. The results indicate that the COVID-19 health crisis and the international financial crisis, followed by the energy crisis, have had the greatest impact on the activity of start-ups and identify response measures that can be solutions to increase their resilience in times of crisis. The research can help managers of start-ups maintain business stability in complicated times and incorporate sustainability practices into their business strategy. Governmental, regional and local authorities, as well as entrepreneurship education providers, can also use the research results to initiate measures to support start-ups in their efforts to cope with current challenges and develop sustainably.

Intelligent manufacturing for strengthening operational resilience during the COVID-19 pandemic: A dynamic capability theory perspective

The occurrence of unexpected crises, such as the COVID-19 pandemic, creates a serious disruption in business operations, causing many companies to reassess the way they operate and seek new ways to enhance efficiency and resilience. Intelligent manufacturing may provide greater flexibility and adaptability, but less is known about whether and how intelligent manufacturing improved operational resilience during the COVID-19 pandemic. The present study aims to address this gap in knowledge by comparing the operational resilience before and after the pandemic between companies that adopted intelligent manufacturing and those that did not. Drawing upon dynamic capability theory, this study explores the impact of intelligent manufacturing on operational resilience via ambidextrous capability during the COVID-19 pandemic, as well as the moderating role of managerial myopia. To test hypotheses, this study used the difference-in-differences (DID) approach by collecting 3960 observations from 1980 Chinese listed companies in 2019–2020. The findings suggest that intelligent manufacturing aids companies in developing operational resilience in times of crisis. It also enables companies to develop ambidextrous capability which further enhances operational resilience. However, managerial myopia tends to weaken the positive effect of intelligent manufacturing on operational resilience. The findings extend the current understanding of enhancing operational resilience and provide insights for companies to adopt intelligent manufacturing to improve their operational resilience during disruptive times.

The role of foreign-owned entities in building economic resili-ence in times of crisis: The case of European digital and technologically-intensive firms during the Covid-19 pandemic

Research background: Over the decades, foreign-owned entities (FOEs) have become an important part of the economic landscape considered as behemoths of globalisation, but also transmitters of positive effects such as technology or know-how spillovers. In times of volatility and uncertainty, firms’ contribution to building a resilient economy is at the top of the public agenda. Purpose of the article: The purpose of the article is two-fold. Firstly, we test, how FOEs perform in this stressful time of volatility and uncertainty. Secondly, we examine the contribution to resilience by digital and technologically intensive sectors. Methods: The study utilises the Bureau van Dijk (BvD) Orbis firm-level database as a primary data source. The results are derived with the use of two econometric approaches. Firstly, we estimate a static model utilising the ordinary squares estimator. Secondly, we re-estimate the equations using a two-step System GMM estimator. It introduces a lagged dependent variable into the model and implements a correction for endogeneity among covariates by including instruments (in levels and differences). Findings & value added: We use size, age, ownership, gearing, and intangibility as firms’ financial performance determinants, together with the sector-, country- and time-fixed effects. FOEs compared to domestic ones generated a higher revenue growth rate. In times of crisis high-tech and digital firms are more resilient. However, ownership does not matter in this respect. We contribute to the discussion about functions performed by FOEs in crisis and turbulent times, in which resilience issues are on top of the agenda. Our research intends to bridge the gap between the performance of FOEs, micro-level analysis, and resilience.

Employee-Centered CSR in Driving Business Resilience

Objective - The COVID-19 worldwide pandemic disrupted our lives with unprecedented predicaments. Obtaining external sources for most business entities to sail through these challenges is extremely challenging. Research has documented that organizational resources could be strategically managed to thrive and foster organizational resilience. (Low, 2023) and (Jordão et al., 2023) have unanimously agreed that human capital is the fundamental building block of organizational resilience. Methodology/Technique – This study explores the potential of employee-centered CSR in driving business resilience in times of crisis. Additionally, workplace well-being was tested for its mediator roles in augmenting the interrelationship between employee-centered CSR and business resilience. A quantitative approach was utilized with a self-administered questionnaire distributed to the fully employed employees during and after the post-COVID-19 period to reflect this study's research objective. Finding – The responses were tested by structural equation modeling (SEM) and revealed that employee-centered CSR is significant and positively related to business resilience. Workplace well-being also significantly mediated the relationship. The finding inspires that business entity can strategically reallocate their internal resources, particularly human capital, for Mathew effects. Novelty – Apart from organizational resilience, implementing employee-centered CSR acts as the protagonist of a business organization to attract and retain talented employees. Type of Paper: Empirical JEL Classification: M14, M19. Keywords: Organizational Resources, Organizational Resilience, Employee-Centered CSR, Workplace Well-Being, SEM, Human Capital Reference to this paper should be referred to as follows: Low, M.P; Seah, C.S; Khin, A.A; Pok, W.F. (2023). Employee-Centered CSR in Driving Business Resilience, GATR-Global J. Bus. Soc. Sci. Review, 11(3), 56–65. https://doi.org/10.35609/gjbssr.2023.11.3(2)

A Study of Financial Development in India: A Comprehensive Approach

Financial sector development is one of the crucial requirements for the economic growth and development of a country. The financial sector is multifaceted in nature with several dimensions to its development be it in terms of access to finance, depth of the financial sector vis-à-vis the real economy, efficiency with which financial services are provided, and its resilience in times of crisis. This forms a 4 x 2 conceptual framework of financial sector development comprising four dimensions, namely, access, depth, efficiency and stability across two components of the sector, viz., financial institutions and financial markets, developed by the World Bank. Each dimension of financial development comprises a vast array of indicators. India made concerted efforts to liberalize its financial sector along with the economic reforms introduced in 1991. While financial development of India has been captured by several studies as in the case of cross-country comparison studies or in India-specific studies, most of the research work is with reference to a single year for country-comparisons or extend to a few years. No study is found that traces the long term development of the financial sector of India encompassing its varying dimensions. With this premise, the present study proposed an Index for a comprehensive measurement of the financial sector development in India over a long period. The Index of Financial Development (IFD) was constructed to measure the overall development of the financial sector by creating a pyramid structure of primary, secondary, and tertiary level indices. The study used the dimensions of both financial institutions as well as financial markets for inclusion in the index. The index was constructed for a 20-year period from 2001-2020, based on the availability of data. The indices showed continuous improvement in financial development and was found to be positively associated with economic growth.

The Power of Employee-Centred Csr in Driving Business Resilience

The COVID-19 worldwide pandemic disrupted our lives with unprecedented predicaments. During this predicament, it is extremely challenging to obtain external sources to ease the burden of any organization. Research has documented how organizational resources could be strategically managed to thrive and foster organizational resilience. Low (2023) and Douglas (2021) have unanimously agreed that human capital is the fundamental building block of organizational resilience. This study explores the potential of employee-centred CSR in driving business resilience in times of crisis. This study uses quantitative approach by employing purposive sampling. A self-administered questionnaire was developed to uncover the practice of employee-centred CSR and the resiliency of the business entity. The unit of analysis in this study is the dully employed employees during and post COVID-19 period, in order to reflect the research objective of this study. The responses gathered were then examined using structural equation modeling (SEM) to test its statistical significance. The results reveal that employee-centred CSR is significant and positively related to business resilience. Keywords: employee-centred CSR, business resilience, SEM

Health System Performance and Resilience in Times of Crisis: An Adapted Conceptual Framework.

With the COVID-19 pandemic, the notion of health system (HS) performance has been discussed, and the notion of resilience has become increasingly important. Lacking a recognised framework that measures the performance of HSs throughout a crisis, i.e., one that explicitly includes time as a key aspect, we examined the literature about conceptual frameworks for measuring the performance and the resilience of HSs. This review highlighted a significant diversity among 18 distinct HS performance frameworks and 13 distinct HS resilience frameworks. On this basis, we developed a model that integrates the WHO's widely recognised six building block framework in a novel approach derived from the European Observatory on HSs and Policies. The resulting framework adapts the building blocks to the different stages of a crisis, thereby allowing for a comprehensive assessment of an entire health system's performance throughout the crisis's duration, while also considering the key aspect of resilience. For a more pragmatic use of this framework in the future, indicators will be developed as a next step.

The Lebanese Entrepreneurial Resilience In Times Of Crisis

The Lebanese Entrepreneurial Resilience In Times Of Crisis

Work and health during the COVID-19 crisis among Dutch workers and jobseekers with (partial) work disabilities: a mixed methods study

BackgroundThe consequences of restrictive measures during the COVID-19 outbreak have potentially been enormous, especially for those in a vulnerable position in the labour market. This study aims to describe the impact of the COVID-19 crisis on work status, working conditions and health among people with (partial) work disabilities—with and in search of work—during the COVID-19 pandemic in the Netherlands.MethodsA mixed methods design was used, combining a cross-sectional online survey and ten semi-structured interviews with people with a (partial) work disability. The quantitative data included responses to job-related questions, self-reported health, and demographics. The qualitative data consisted of participants’ perceptions about work, vocational rehabilitation, and health. We used descriptive statistics to summarize the responses, conducted logistic and linear regression and integrated our qualitative findings with the quantitative findings, aiming at complementarity.ResultsFive hundred and eighty-four participants (response rate 30.2%) completed the online survey. The majority of participants experienced no change in work status: 39 percent remained employed, 45 percent remained unemployed, six percent of respondents lost their job, and ten percent became employed during the COVID-19 crisis. In general, the results showed a deterioration in self-rated health during the COVID-19 outbreak, both for participants at work and in search of work. Participants who lost their job during the COVID-19 crisis reported the highest deterioration in self-rated health. Interview findings revealed that loneliness and social isolation were persistent during the COVID-19 crisis, especially among those in search of work. Additionally, employed participants identified a safe work environment and the possibility to work at the office as important factors for overall health.ConclusionsThe vast majority of study participants (84.2%) experienced no change in work status during the COVID-19 crisis. Nonetheless, people at work and in search of work encountered barriers to maintaining or (re)gaining employment. People with a (partial) work disability who lost their job during the crisis appeared to be most affected in terms of health. Employment and health protections could be strengthened for persons with (partial) work disabilities in order to build resilience in times of crisis.

From strangers to social collectives? Sensemaking and organizing in response to a pandemic

The COVID-19 pandemic temporarily exposed the inadequacy of established institutions and markets to handle a multidimensional crisis, but it also revealed the spontaneous emergence of social collectives to mitigate some of its consequences. Building upon more than 600 responses from an open-ended survey and follow-up qualitative interviews, we seek to understand the spontaneous formation of social collectives in neighborhoods during the initial global lockdown. Applying the sensemaking lens, we theorize the process that prevented the collapse of sensemaking; motivated neighbors to comply with the pandemic-related restrictions; and inspired the development of collective initiatives and the sharing of resources, experiences, and a feeling of belonging. In doing so, we identify mechanisms that allow distributed sensemaking and organizing for resilience: widely shared and accepted cues and frames, simultaneous enactment of practices, embeddedness, visibility of actions, and sense of community. Contrary to the literature on local community organizing and entrepreneurship, which emphasizes the importance of shared values and beliefs, we reveal how the abovementioned mechanisms enable social collectives to emerge and build resilience in times of crisis, even in the absence of pre-existing ties and physical and social isolation. Implications for sensemaking, resilience, organization studies, and community psychology are discussed.

Application of a sustainable destination framework to model Mexican heritage destination resilience in times of crisis

The article discusses World Heritage Site Guanajuato, Mexico, a mature destination which suffers sustainability issues concerning water provision, traffic congestion, and refuse collection, the result of chaotic urban growth. Stagnating visitor numbers indicates ageing social infrastructure, dated tourism products, and reputational damage of public insecurity. The research objective is to improve municipal planning by using a resilience framework from the tourism ecology literature to encourage sustainable development. It integrates the results of a 2021 survey of local tourism business opinion and finds Guanajuato’s multi-business owners are innovative in crisis, reacting to covid-19 with changes to their products and services. Federal and State government hardly responded. It should widen membership of the municipal Tourist Board and incorporate project evaluators within the local Planning Office to apply a resilience model to address environmental, infrastructural, and tourism challenges.

Mothers Community, COVID-19, and Family Resilience

The COVID-19 pandemic has had a huge impact on all aspects of human life. One of the things that changed drastically during the crisis was the change in human activities from offline to online. This happened because of the physical distancing policy that was enforced to prevent the spread of the virus. One of the things that is challenged is family resilience. This study aims to explore the role of women in the family, in relation to family resilience during the COVID-19 pandemic crisis, by specifically conducting studies on the ‘Ibu Profesional’ community. As a country where patriarchal values are still attached, in Indonesia, women are always placed exclusively in the private sphere and do not receive respect because of this position. Nevertheless, it is very interesting to explore the extent to which the private sphere contributes to family resilience in times of crisis. By conducting interviews with 6 members of the community from the Surakarta branch, Indonesia, this research yielded the following findings: (1) Women play an important role in family resilience during the COVID-19 pandemic, both in the private and public spheres: (2) Women have the ability to master technology internet due to the changing mode of community activity from offline to online. Furthermore, they also prefer online activities compared to offline activities because of its simplicity.

How Do Late Adults Experience Meaning During the COVID-19 Lockdown? The Role of Intrinsic Goals.

Late adults differ in the degree to which their mental health is impacted by the COVID-19 crisis, with interindividual differences in their capacity to mobilize coping resources playing an important role. Therefore, the search for inner sources of resilience is important to understand late adults' adaptation to this crisis. Based on Goal Content Theory, a mini-theory within the broader Self-Determination Theory, this study aimed to examine whether older adults' valuation and attainment of intrinsic goals represent such a source of resilience. Intrinsic goals would form a solid foundation to experience a sense of meaning during this crisis, which, in turn, relates to higher well-being (i.e., life satisfaction and vitality) and lower ill-being (i.e., symptoms of depression, anxiety, and loneliness). During the second month of the lockdown period in Belgium, 693 older adults (Mage = 70.06, SD = 4.48, range: 65-89 years, 62.1% female) filled out online questionnaires concerning the study variables. Structural equation modeling showed that intrinsic goal attainment and goal importance related positively to experiences of meaning in life which, in turn, were related to higher levels of well-being and lower levels of ill-being. No evidence was found for an interaction effect between intrinsic goal attainment and goal importance. Supporting late adults' pursuit and attainment of meaningful intrinsic goals relates to their well-being and may potentially strengthen their resilience in times of crisis.