More than simply playing safe: How resilience can lead to strategic advantage

Abstract

Purpose

This paper aims to review the latest management developments across the globe and to pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds his own impartial comments and places the articles in context.

Findings

Are we entering the next phase of strategic development? It could be argued that corporate strategy, by necessity, follows macroeconomic and wider environmental concerns, and certainly the 2000s have seen the thirst for growth through unregulated markets quelled following the global financial crisis and the search for new markets from globalization, technological innovation, or service development. What is the next stage? It is hard to argue that it will have to factor in the so called “VUCA” – volatile, uncertain, complex, and ambiguous – environment.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2019), "More than simply playing safe: How resilience can lead to strategic advantage", Strategic Direction, Vol. 35 No. 5, pp. 33-35. https://doi.org/10.1108/SD-02-2019-0035