Organizational resilience and financial challenges: a theoretical approach to navigating uncertainty

Abstract

This article delves deeply into the relationship between organizational resilience and financial challenges, adopting a theoretical perspective. It highlights the fundamental dimensions of resilience—adaptability, robustness, and learning—drawing on frameworks such as systems theory and complexity theory. Financial constraints, such as liquidity shortages and dependence on funders, are examined for their impact on organizational structure, strategic decisions, and priorities.

Explanatory models, including dynamic adaptation and proactive and reactive resilience, illustrate the interactions between financial management and resilience. The article provides a conceptual literature review and analysis that enhances the understanding of organizational resilience mechanisms in the face of economic crises. It also offers valuable guidance for researchers and practitioners, providing insights for developing effective strategies to address financial crises.

Keywords : organizational resilience, financial challenges, adaptability, crises, strategies.

Classification JEL : G30

Paper type : Theoretical Research