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Rising Every Time We Fall: Organizational Fortitude and Response to Adversities
Emlyon Business School, France.
Università degli Studi di Bergamo, Italy.
Free University of Bozen-Bolzano, Italy.
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Stockholm School of Economics.ORCID iD: 0000-0002-3613-4233
2024 (English)In: Journal of Management, ISSN 0149-2063, E-ISSN 1557-1211, Vol. 50, no 5, p. 1865-1910Article in journal (Refereed) Published
Abstract [en]

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.

Place, publisher, year, edition, pages
Sage Publications, 2024. Vol. 50, no 5, p. 1865-1910
Keywords [en]
adversity, case study, family firms, organizational fortitude, resilience
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-60332DOI: 10.1177/01492063231164969ISI: 000976708400001Scopus ID: 2-s2.0-85153717795Local ID: HOA;intsam;878968OAI: oai:DiVA.org:hj-60332DiVA, id: diva2:1755595
Available from: 2023-05-08 Created: 2023-05-08 Last updated: 2025-01-12Bibliographically approved

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Nordqvist, Mattias

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