Organizational resilience and financial performance

dc.contributor.authorPrayag G
dc.contributor.authorChowdhury M
dc.contributor.authorOrchiston C
dc.contributor.authorSpector S
dc.date.accessioned2018-08-28T00:11:57Z
dc.date.available2018-08-28T00:11:57Z
dc.date.issued2018en
dc.date.updated2018-07-11T05:52:38Z
dc.description.abstractOrganization resilience has two dimensions – planned and adaptive (Lee, Vargo & Seville, 2013). Planned resilience occurs pre-disaster, whereas adaptive resilience typically emerges post-disaster and requires leadership, external linkages, internal collaboration, an ability to learn from past experiences, and staff well-being (Nilikant et al., 2014). While previous studies suggest post-disaster recovery strategies have an impact on business performance (Corey & Deitch, 2011), the influence of organizational resilience on business performance has not been examined among tourism firms. Specifically, post-disaster financial performance is influenced by many factors, including the extent of pre-disaster planning, firm size, and sector of operation (Kachali et al., 2012; Nakanishi, Black, & Matsuo, 2014). Also, subjective measures of business performance are highly correlated with objective measures (Vij & Bedi, 2016). Hence, this research investigates: what is the relationship between planned and adaptive resilience and financial performance of tourism firms? Does firm size and sector of operation influence this relationship?en
dc.identifier.doihttps://doi.org/10.1016/j.annals.2018.06.006
dc.identifier.urihttp://hdl.handle.net/10092/15827
dc.language.isoen
dc.subject.anzsrcField of Research::15 - Commerce, Management, Tourism and Services::1503 - Business and Management::150312 - Organisational Planning and Managementen
dc.subject.anzsrcFields of Research::35 - Commerce, management, tourism and services::3507 - Strategy, management and organisational behaviour::350710 - Organisational behaviouren
dc.subject.anzsrcFields of Research::35 - Commerce, management, tourism and services::3508 - Tourism::350803 - Tourism managementen
dc.titleOrganizational resilience and financial performanceen
dc.typeJournal Articleen
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