Indian Journal of Industrial Relations: Economics & Social Dev.

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Antecedents of Resilience:An Investigation into Bharat Forge


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1 Strategy & International Business, FPM Student in Indian Institute of Management, Indore, India
2 FPM Student in Indian Institute of Management, Indore, India
     

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Resilience has got paramount importance for the firms to survive in a turbulent business world. Which are the antecedents of resilience is a festering problem in the management literature. The present study investigates and presents the antecedents of resilience. Bharat Forge is an emerging economy multinational firm from India. Despite the poor institutions in India and the turbulent global conditions, it has been successful from its inception in 1961. This study probes into the practices of Bharat Forge from its inception to trace the antecedents of resilience. It was found that strategic agility, strategic learning, resilient leadership and financial reserves are the antecedents of resilience. Literature also corroborated our findings.
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  • Antecedents of Resilience:An Investigation into Bharat Forge

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Authors

Prashant Salwan
Strategy & International Business, FPM Student in Indian Institute of Management, Indore, India
Viswa Prasad Gada
FPM Student in Indian Institute of Management, Indore, India

Abstract


Resilience has got paramount importance for the firms to survive in a turbulent business world. Which are the antecedents of resilience is a festering problem in the management literature. The present study investigates and presents the antecedents of resilience. Bharat Forge is an emerging economy multinational firm from India. Despite the poor institutions in India and the turbulent global conditions, it has been successful from its inception in 1961. This study probes into the practices of Bharat Forge from its inception to trace the antecedents of resilience. It was found that strategic agility, strategic learning, resilient leadership and financial reserves are the antecedents of resilience. Literature also corroborated our findings.

References