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Open Access Journal Article

Business Resilience and Crisis Management

by Sophia Jackson 1,*
1
Sophia Jackson
*
Author to whom correspondence should be addressed.
IRBM  2019 1(1):3; https://doi.org/10.69610/j.irbm.20191030
Received: 30 August 2019 / Accepted: 30 September 2019 / Published Online: 30 October 2019
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Abstract

The paper investigates the concept of business resilience and its pivotal role in crisis management. It explores the significance of building resilience within organizations to navigate through various crises, including economic downturns, natural disasters, and cybersecurity threats. The study delves into the strategies and practices that organizations adopt to enhance their resilience, such as diversification of supply chains, risk assessment, and employee training. Furthermore, it examines the relationship between crisis management and business resilience, highlighting the importance of proactive planning and a cohesive crisis response. The paper argues that organizations that prioritize resilience are better equipped to recover from crises and maintain their competitive edge in the market. By analyzing case studies and current trends, the research provides insights into the evolving landscape of business resilience and crisis management, offering practical recommendations for organizations seeking to improve their ability to withstand and recover from crises.

Keywords: Business Resilience; - Crisis Management; - Risk Assessment; - Supply Chain Diversification; - Proactive Planning.;
Copyright: © 2019 by Jackson. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
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APA Style
Jackson, S. (2019). Business Resilience and Crisis Management. International Review of Business & Management, 1(1), 3. doi:10.69610/j.irbm.20191030
ACS Style
Jackson, S. Business Resilience and Crisis Management. International Review of Business & Management, 2019, 1, 3. doi:10.69610/j.irbm.20191030
AMA Style
Jackson S. Business Resilience and Crisis Management. International Review of Business & Management; 2019, 1(1):3. doi:10.69610/j.irbm.20191030
Chicago/Turabian Style
Jackson, Sophia 2019. "Business Resilience and Crisis Management" International Review of Business & Management 1, no.1:3. doi:10.69610/j.irbm.20191030

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ACS Style
Jackson, S. Business Resilience and Crisis Management. International Review of Business & Management, 2019, 1, 3. doi:10.69610/j.irbm.20191030
AMA Style
Jackson S. Business Resilience and Crisis Management. International Review of Business & Management; 2019, 1(1):3. doi:10.69610/j.irbm.20191030
Chicago/Turabian Style
Jackson, Sophia 2019. "Business Resilience and Crisis Management" International Review of Business & Management 1, no.1:3. doi:10.69610/j.irbm.20191030
APA style
Jackson, S. (2019). Business Resilience and Crisis Management. International Review of Business & Management, 1(1), 3. doi:10.69610/j.irbm.20191030

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References

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