2022 Volume 14 Issue 1 Pages 17-30
Resilience in organizations has become a more important issue in management studies as companies and their members have been threatened by a growing number of life-threatening events including natural disasters and pandemic diseases as well as by economic and technological changes in business environments in recent years. Organizational resilience refers to the ability of an organization to bounce back from setback. The benefits of organizational resilience take a long time to manifest themselves. It is only possible to recognize resilience of and at an organization after it has managed to weather and overcome adversities. Thus, in this research, organizational survival is used as a proxy or indicator of organizational resilience. Organizational culture may not only improve economic performance, but it may also enhance organizational survival and resilience. Based on evidence from US and Japanese companies, I find that not only culturally strong companies but also change-oriented ones were long-lived and resilient, as they weathered and survived storms of tumultuous events over the observation period from the early 1990s to around the first decade of the twenty-first century. Culturally sound organizations are resilient enough to live long.
