An assessment of organizational resilience potential in SMEs of the process industry, a fuzzy approach

Aleksić, Aleksandar; Stefanović, Miladin; Arsovski, Slavko; Tadić, Danijela

doi:10.1016/j.jlp.2013.06.004

Cited by 102 publications

(55 citation statements)

References 24 publications

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“…The authors develop a framework with quadrants of rigidity, transience, adaptability and vulnerability and concludes that the desirability of resilience varies depending on the characteristics of the quadrant. The concept of resilience also started to be a major focus of discussion in small and medium sized companies literature, considering the importance of the term especially after economic crisis situations (Aleksic, Stefanovic, Arsovski and Tadic, 2013;Pal, Torstensson and Mattila, 2014).…”

Section: Literature Reviewmentioning

confidence: 99%

Measuring Organizational Resilience: A Scale Development

Kantur¹

2015

Pressacademia

133

159

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Today's business context is characterized by hyper competition, uncertainty, and ambiguity. Added to this is the unfortunate increase in the occurrence and the intensity of the natural disasters and crises situations including economic, political and social events. Accordingly, all the changes in the external environment amplified the significance of 'resilience' for all organizations. Resilient individuals and organizations positively adapt to changing conditions without showing any stress (Mallak, 1998), and thus today organizations desire to be resilient to easily adapt to changing circumstances and move forward. Organizational resilience term is highly adopted in organizational theory field and specifically in crisis management and disaster management literatures, and recently in strategic management literature. Yet, there is not an agreed upon and commonly accepted scale of organizational resilience. Accordingly, the organizational resilience literature is yet to develop regarding quantitative studies. This study attempts to fill this gap by developing a reliable and valid scale of organizational resilience construct through adopting both qualitative and quantitative methods.

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Section: Literature Reviewmentioning

confidence: 99%

Measuring Organizational Resilience: A Scale Development

Kantur¹

2015

Pressacademia

133

159

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“…In this manner, organizational resilience corresponds to the maximum percentage change given in the worst-case level of performance [12] that an organization may withstand. Overall organizational resilience of an SME is based on assessment of verified potential factors of organizational resilience (ORPFs) [13,14] estimated by using fuzzy sets theory. Since it may be assumed that their value is not subject to change over a predefined period of time, ORPFs are analyzed as static variables.…”

Section: Introductionmentioning

confidence: 99%

“…The determined relative importance of each ORPF for each business process may be given for the target SME of the process industry [13]. In this paper, the relative importance of ORFPs, considering the level of business, is stated as a fuzzy group decision making problem for a large sample of SMEs.…”

Section: Introductionmentioning

confidence: 99%

“…The fuzzy mathematical model for assessment of organizational resilience potential [13] may be the base for continual resilience improvement. It is known that the Genetic Algorithm (GA) method uses a set of tools based on natural selection and population genetics mechanisms [21,22] to find a near optimal solution for specific objective functions, with respect to a set of constraints.…”

Section: Introductionmentioning

confidence: 99%

“…The authors have emphasized that the priority of improvement measures which should lead to improvement of the organizational resilience may be based on the obtained rank of ORPFs [14]. The possible improvement procedure is not proposed in the analyzed papers [13,14]. In this paper, the assessment of ORPFs, determination of the organizational resilience of SMEs and enhancement of SMEs' organizational resilience are considered.…”

Section: Introductionmentioning

confidence: 99%

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Modelling and Enhancement of Organizational Resilience Potential in Process Industry SMEs

et al. 2015

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Abstract:The business environment is rapidly changing and puts pressure on enterprises to find effective ways to survive and develop. Since it is almost impossible to identify the multitude of complex conditions and business risks, an organization has to build its resilience in order to be able to overcome issues and achieve long term sustainability. This paper contributes by establishing a two-step model for assessment and enhancement of organizational resilience potential oriented towards Small and Medium Enterprises (SMEs) in the process industry. Using a dynamic modelling technique and statistical tools, a sample of 120 SMEs in Serbia has been developed as a testing base, and one randomly selected enterprise was used for model testing and verification. Uncertainties regarding the relative importance of organizational resilience potential factors (ORPFs) and their value at each level of business are described by pre-defined linguistic expressions. The calculation of the relative importance of ORPFs for each business level is stated as a fuzzy group decision making problem. First, the weighted ORPFs' values and resilience potential at each business level are determined. In the second step, near optimal enhancement of ORPFs' values is achieved by applying a genetic algorithm (GA).

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Quantifying Urban Resilience: Methods and Approaches for Comprehensive Assessment

Al‐Humaiqani,

Al‐Ghamdi

2023

Sustainable Cities in a Changing Climate

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An assessment of organizational resilience potential in SMEs of the process industry, a fuzzy approach

Cited by 102 publications

References 24 publications

Measuring Organizational Resilience: A Scale Development

Measuring Organizational Resilience: A Scale Development

Modelling and Enhancement of Organizational Resilience Potential in Process Industry SMEs

Quantifying Urban Resilience: Methods and Approaches for Comprehensive Assessment

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