TY - JOUR
T1 - Building Resilience for Surviving and Thriving in a VUCA Context
AU - Sindila, Aureliu
AU - Foss, Nicolai
AU - Zhan, Xueyong
PY - 2023/3/30
Y1 - 2023/3/30
N2 - Surviving and thriving in the context of VUCA (volatility, uncertainty, complexity, and ambiguity) has become a pressing issue in international business. While contemporary international business scholarship offers insight into resilience-building under VUCA conditions, the mechanisms that link decision-making at the top with organizational action are less clear. We proffer a sand-clock model of resilience-building that combines resourcefulness, time interpretations, and entrepreneurial judgments. MNE decision-makers can apply the model to build resilience for surviving and thriving in a VUCA context by embracing sustainability, analyzing temporal signals, and making better judgments.
AB - Surviving and thriving in the context of VUCA (volatility, uncertainty, complexity, and ambiguity) has become a pressing issue in international business. While contemporary international business scholarship offers insight into resilience-building under VUCA conditions, the mechanisms that link decision-making at the top with organizational action are less clear. We proffer a sand-clock model of resilience-building that combines resourcefulness, time interpretations, and entrepreneurial judgments. MNE decision-makers can apply the model to build resilience for surviving and thriving in a VUCA context by embracing sustainability, analyzing temporal signals, and making better judgments.
UR - https://insights.aib.world/article/73812-building-resilience-for-surviving-and-thriving-in-a-vuca-context
U2 - 10.46697/001c.73812
DO - 10.46697/001c.73812
M3 - Journal article
SN - 1938-9590
VL - 23
SP - 1
EP - 7
JO - AIB Insights
JF - AIB Insights
IS - 3
ER -