Sustainability and Resilience Organizational Capabilities to Enhance Business Continuity Management: A Literature Review

Corrales-Estrada, Ana Maria; Gómez-Santos, Loyda Lily; Bernal-Torres, César A.; Rodriguez-López, Jaime Eric

doi:10.3390/su13158196

Cited by 65 publications

(59 citation statements)

References 87 publications

(205 reference statements)

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“…In line with the previous future research questions, it might also be interesting to explicitly investigate to what extent the entrepreneurial resilience as a result of the "challengereaction-learning loop" during an economic crisis has an effect on business continuity and sustainability practices [74] after the crisis. Large scale longitudinal research designs may help future researchers to scrutinize how the behavior of firms has changed after the crisis as a result of the acquired entrepreneurial resilience and consequently evaluate the long-term effects of the different actions taken by the entrepreneurs in terms of revenues, clients' portfolio, changes in supply and demand structure, profitability, employment, sustainability practices, etc.…”

Section: Resultsmentioning

confidence: 66%

The Impact of the COVID-19 Crisis on Growth-Oriented SMEs: Building Entrepreneurial Resilience

2021

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This study explores how the COVID-19 pandemic has forced Flemish growth-oriented entrepreneurs to build entrepreneurial resilience. We rely on a research framework that consists of a “challenge-reaction-learning loop” to empirically investigate how entrepreneurial resilience is built in times of the COVID-19 crisis. To investigate this complex entrepreneurial learning process, we use data that have been collected during the first and second wave of the COVID-19 pandemic. By using several datapoints, we could identify (1) the specific challenges growth-oriented firms are facing as a result of the COVID-19 crisis; (2) how these entrepreneurs reacted to these challenges; and (3) what they learned during the first and second wave of the pandemic and how they perceive the future. By making this entrepreneurial learning process explicit and dividing it into an iterative “challenge-reaction-learning loop”, this study is relevant for all entrepreneurs, as it contains several interesting lessons learned. We also contribute to academic literature as we provide future researchers a tangible framework to further elucidate how entrepreneurial resilience is built in times of crisis.

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Section: Resultsmentioning

confidence: 66%

The Impact of the COVID-19 Crisis on Growth-Oriented SMEs: Building Entrepreneurial Resilience

2021

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“…BS initially was known as the social responsibilities of business coined by Howard Bowen (Chang, Zuo, Zhao, Zillante, Gan & Soebarto, 2017). The term evolved into corporate social responsibility, and the organisational field increasingly applies the concept of sustainable development (Corrales-Estrada, Gómez-Santos, Bernal-Torres & Rodriguez-López, 2021;Steurer, 2010). Currently, there is no universal definition of BS (Chang et al, 2017).…”

Section: Business Sustainability (Bs)mentioning

confidence: 99%

Continuous improvement and business sustainability in companies of an emerging market: Empirical analysis

Bernal-Torres

Paipa

Nezhad

et al. 2021

JIEM

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Purpose: The article analyses the impact of continuous improvement (system and teams) on business sustainability dimensions (social, environmental, operational and financial) as a competitive strategy to create value for all stakeholders in emerging economy context.Design/methodology/approach: The data collected is from 120 companies of different sizes and 13 different industrial sectors such as food, energy, health, financial services, and logistics in Colombia. The design of multivariate logistic regression is to identify the critical aspects of the continuous improvement practices that significantly affect the dimensions of business sustainability.Findings: The analysis shows that from continuous improvement aspects (system and teams), employee involvement, human talent maintenance, training, and evaluation accompanied by feedback impact business sustainability. These elements impact financial and operational dimensions significantly but in the environmental and social aspects with less intensity.Research limitations/implications: Research is limited to the general sustainability analysis applying resource-based strategy in Colombia. Practical implications: Generate overall awareness of the importance of the equilibrium of sustainability dimensions in strategic planning and implementation in emerging economies.Originality/value: This work applies an empirical study to establish the impact of continuous improvement (system and teams) on each of the business sustainability dimensions (social, environmental, operational and financial) in companies of emerging economies.

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“…In addition, transportation companies also wish to avoid economic and reputational damage and risks [ 21 , 22 , 23 ]. These factors push for the traditional transportation mode to be changed with the requirements of efficiency and risk management [ 24 ], especially in the hazmat transport industry [ 25 , 26 , 27 ].…”

Section: Literature Reviewmentioning

confidence: 99%

Design Optimization of a HAZMAT Multimodal Hub-and-Spoke Network with Detour

Fang

et al. 2021

IJERPH

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The growing transportation risk of hazardous materials (hazmat) is an important threat to public safety. As an efficient and reliable mode of transportation, the multimodal hub-and-spoke transport network helps to achieve economies of scale and reduce costs. Considering the dual goals of risk and cost management of hazmat transportation, a novel optimization model of a multimodal hub-and-spoke network with detour (MHSNWD) for hazmat on the strategic level is designed. It integrates the planning of hub location and route selection based on the risk quantification for different transportation modes. Additionally, a detour strategy is applied, which allows for more than two hub nodes to be selected to form an optimal path between any supply and demand nodes in a hub-and-spoke network. Then, the risk is taken as the main objective and the cost is converted into a budget constraint to solve the model by using CPLEX. Additionally, a numerical study is conducted based on a CAB dataset to find the influence of the number of hubs and budget constraints on the optimization results. In addition, a counterpart model of the multimodal hub-and-spoke network without detour (MHSNOD) is tested to validate the advantages of the proposed model of MHSNWD. The numerical experiment shows that an appropriate increase in the number of hubs and the cost budget can remarkably reduce network risk. Compared with MHSNOD, the optimal result of MHSNWD can achieve a marginal improvement in risk reduction. This work may provide an informative decision-making reference for planning a hazmat transportation network.

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Sustainability and Resilience Organizational Capabilities to Enhance Business Continuity Management: A Literature Review

Cited by 65 publications

References 87 publications

The Impact of the COVID-19 Crisis on Growth-Oriented SMEs: Building Entrepreneurial Resilience

The Impact of the COVID-19 Crisis on Growth-Oriented SMEs: Building Entrepreneurial Resilience

Continuous improvement and business sustainability in companies of an emerging market: Empirical analysis

Design Optimization of a HAZMAT Multimodal Hub-and-Spoke Network with Detour

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