Serg Manzhynski will present a work in progress, co-authored with Tatbeeq Raza-Ulla, and titled “Organizational Resilience: Flexibility in Crisis or Stability in the Long Run? A Paradox Perspective”.
Abstract
In a rapidly changing business landscape, the concept of organizational resilience has grown increasingly vital. Traditionally, resilience has been approached either as an organization's flexibility to adapt to immediate crises or its stability to sustain performance in the long run. However, these perspectives often seem to be at odds with each other, forming a paradox in the realm of organizational studies. This work-in-progress study seeks to explore this paradox, positing that flexibility and stability are not mutually exclusive but can coexist in a resilient organization. Utilizing a comprehensive dataset of public U.S. companies spanning from 2014 to 2022, the study explores various operationalizations of the resilience paradox and its constituent elements—stability and flexibility. Additionally, the research examines the relationships between sustainability metrics, as expressed through the Environmental, Social, and Governance (ESG) pillars’ scores, and the resilience paradox. Preliminary findings suggest a complex interplay, with distinct ESG pillars uniquely influencing an organization's resilience profile.
