Be the ant, not the grasshopper: Preparing for the next black swan event

Cooper, Jeh; Eschleman, Kevin J.

doi:10.1017/iop.2021.54

Cited by 4 publications

(1 citation statement)

References 10 publications

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“…Cooper and Eschleman state that after the occurrence of a BSE, relying simply on crisis management is not enough and companies should start acting like high reliability organizations, relying on their strengths and enabling employees to act as the most important asset of the organization [33]. It further shows the possibility of deep negative impact of such crisis on organizational performance.…”

Section: Theoretical Background For Organizational and Job Performanc...mentioning

confidence: 99%

The Model of Organizational Performance Based on Employees’ Dynamic Capabilities–Verification During Crisis Caused by Black Swan Event

et al. 2023

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The article concerns the potential influence of employees' dynamic capabilities on the performance of entire organization, which operates in crisis caused by Black Swan event. It is the expansion of job performance model based on employees' dynamic capabilities, proposing the possibility of translating the positive influence of those capabilities onto entire organization and underlining the importance of employees' dynamic capabilities during crisis within organization. Based on literature analysis, the shape of the amended model is proposed, in which employees' dynamic capabilities influence organizational performance through elements of the original model (person-job fit, work motivation, job satisfaction, work engagement and job performance), and additional ones: person-organization fit, person-supervisor fit. The proposed model is empirically verified based on the sample of 1160 organization operating in Poland, Italy and USA during an active wave of COVID-19 pandemic (which is an example of Black Swan event). The results obtained using path analysis confirmed that employees' dynamic capabilities indeed influence organizational performance of organizations operating in crisis caused by Black Swan event through elements proposed in the model. INDEX TERMSEmployees' dynamic capabilities, organizational performance, Black Swan event, organizational crisis, COVID-19, management.

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Section: Theoretical Background For Organizational and Job Performanc...mentioning

confidence: 99%