Kate Trajkova – University American College Skopje, Treta Makedonska Brigada Str. No 60 Skopje, North Macedonia
Nikola Sterjovski – City College, University of York Europe Campus, Leontos Sofou 3 Thessaloniki, 546 26 Greece
Marko Andonov – University American College Skopje, Treta Makedonska Brigada Str. No 60 Skopje, North Macedonia
DOI: https://doi.org/10.31410/EMAN.2021.253
5th International Scientific Conference – EMAN 2021 – Economics and Management: How to Cope With Disrupted Times, Online/Virtual, March 18, 2021, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-43-1, ISSN 2683-4510
Abstract:
The archetype for optimal functionality of modern organizations in unstable and disruptive
conditions, known as the new normality, since the outbreak of Covid-19 has become one of the latest
paradigms for contemporary management. The challenge arises in the process of creating organizational
competences for effective responses to the influences of Covid-19 and securing sustainability
reflected as organizational resilience.
This paper aims to present the theoretical contours and conceptualization of organizational resilience.
The analysis of the theoretical background describes affective, cognitive, relational, and structural
mechanisms which are distinct constitutive dimensions of the concept. The research agenda provides
answers to the questions regarding the strength of the antecedents through a frame that covers three
dimensions: Situational awareness, Adaptive Capability, Individual participation and Engagement.
Methods: based on the structural dimensions, for the purposes of this paper, quantitative research was
conducted, with a questionnaire on a sample of 138 respondents from companies with domestic and
foreign capital located in North Macedonia. The statistical analysis of the data is presented through a
resilience analysis grid (RAG).
Results: The paper displays an approach to defining the corporative resilient capacities; a framework
for identification of a resilient profile in different levels of conceptualization (RAG); an identification of
the strength of the potential determinants.
Conclusion: The appliance of the determinant model provides answers to the research questions for the
potential strengths of resilience capacity determinants in the companies in North Macedonia. The resilience
analysis grid (RAG) visualizes the strength of the potential determinants and secures directions
for safety management, especially in continuous conditions of long lasting economic shocks.
Keywords:
Organizational resilience, Resilience dimensions, Adaptive capacity, Resilience analysis grid (RAG).
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