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Rising Every Time We Fall : Organizational Fortitude and Response to Adversities

Author

Listed:
  • Celina Smith

    (EM - EMLyon Business School)

  • Emanuela Rondi

    (UniBg - Università degli Studi di Bergamo = University of Bergamo)

  • Alfredo de Massis

    (Free University of Bozen-Bolzano, Lancaster University, Zhejiang University [Hangzhou, China])

  • Mattias Nordqvist

    (SSE - Stockholm School of Economics, Jönköping University - Jönköping University [Sweden])

Abstract

"The role of organizational resilience enabling firms to respond to adversity and survive has become ever more critical in the wake of an increasingly unpredictable external environment. Yet, while we understand the importance of resilience in responding to a major adversity, we have little appreciation for how firms are affected and react when facing multiple adversities over time, or how multilevel factors might impose on this process. These are crucial issues given that adversities are not necessarily single, isolated, or infrequent episodes. By studying a long-established family firm in the United Kingdom that experienced four major adversities, we identify the process that enabled it not only to survive but also to thrive. In this qualitative study, we introduce the notion of organizational fortitude to describe the approach that a firm develops to cope with the challenges of multiple unexpected adversities and highlight how multilevel factors combine to foster organizational fortitude."

Suggested Citation

  • Celina Smith & Emanuela Rondi & Alfredo de Massis & Mattias Nordqvist, 2023. "Rising Every Time We Fall : Organizational Fortitude and Response to Adversities," Post-Print hal-04325685, HAL.
    • Handle: RePEc:hal:journl:hal-04325685
    DOI: 10.1177/01492063231164969
    as

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    Cited by:

    1. Ivan Miroshnychenko & Giorgio Vocalelli & Alfredo Massis & Stefano Grassi & Francesco Ravazzolo, 2024. "The COVID-19 pandemic and family business performance," Small Business Economics, Springer, vol. 62(1), pages 213-241, January.

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