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Gada, Viswa Prasad
- Antecedents of Resilience:An Investigation into Bharat Forge
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1 Strategy & International Business, FPM Student in Indian Institute of Management, Indore, IN
2 FPM Student in Indian Institute of Management, Indore, IN
1 Strategy & International Business, FPM Student in Indian Institute of Management, Indore, IN
2 FPM Student in Indian Institute of Management, Indore, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 53, No 3 (2018), Pagination: 449-461Abstract
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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