In the 21st century organizations have to face pressing "big challenges" (George et al., 2016). It includes adverse events such as global pandemics and climate change. The impacts of these adverse events lead organizations and decision makers to adopt new behaviours. Although these adverse events are inevitable, organizations do not respond in the same way. Some organizations are better able to withstand and recover from such shocks than others (Van der Vegt et.al, 2015). High-risk events that at first appear to cause only local and isolated effects can now increase in intensity and damage vital infrastructure affecting events on a national and global scale. McFarlane and Norris' (2006, p. 4) defined an adverse event as "a potentially traumatic event that is experienced collectively, has an acute onset, and is limited in time; it can be attributed to natural, technological or human causes" adverse event is caused by factors external to the system, unforeseen and requiring immediate action (examples include hurricanes, tsunamis, earthquakes, pandemics). The traditional way of dealing with adverse events is to develop approaches and systems to identify risks as such, in this way scholars have shifted their attention from identifying and mitigating risk to attempting to increase resilience (Sutcliffe & Vogus, 2003). The term resilience almost always has the positive connotation of flexibility and strengthening.

cristofaro concetta lucia, vesperi walter, ventura marzia, melina anna maria (2021). Decision making in adverse events: a selected literature review. In Proceedings of the International Scientific and Practical Conference : BUSINESS ORGANIZATION STRATEGY UNDER UNCERTAINTY / ORGANIZATION’S STRATEGY VS REALITIES OF THE VUCA-WORLD (pp. 165-172). Kyiv.

Decision making in adverse events: a selected literature review

vesperi walter
;
2021-01-01

Abstract

In the 21st century organizations have to face pressing "big challenges" (George et al., 2016). It includes adverse events such as global pandemics and climate change. The impacts of these adverse events lead organizations and decision makers to adopt new behaviours. Although these adverse events are inevitable, organizations do not respond in the same way. Some organizations are better able to withstand and recover from such shocks than others (Van der Vegt et.al, 2015). High-risk events that at first appear to cause only local and isolated effects can now increase in intensity and damage vital infrastructure affecting events on a national and global scale. McFarlane and Norris' (2006, p. 4) defined an adverse event as "a potentially traumatic event that is experienced collectively, has an acute onset, and is limited in time; it can be attributed to natural, technological or human causes" adverse event is caused by factors external to the system, unforeseen and requiring immediate action (examples include hurricanes, tsunamis, earthquakes, pandemics). The traditional way of dealing with adverse events is to develop approaches and systems to identify risks as such, in this way scholars have shifted their attention from identifying and mitigating risk to attempting to increase resilience (Sutcliffe & Vogus, 2003). The term resilience almost always has the positive connotation of flexibility and strengthening.
2021
Settore SECS-P/10 - Organizzazione Aziendale
978-966-926-392-6
cristofaro concetta lucia, vesperi walter, ventura marzia, melina anna maria (2021). Decision making in adverse events: a selected literature review. In Proceedings of the International Scientific and Practical Conference : BUSINESS ORGANIZATION STRATEGY UNDER UNCERTAINTY / ORGANIZATION’S STRATEGY VS REALITIES OF THE VUCA-WORLD (pp. 165-172). Kyiv.
File in questo prodotto:
File Dimensione Formato  
STRATEGIA-BIZNES-ORGANIZACII-V-UMOVAH-NEVIZNACENOSTI-STRATEGIA-ORGANIZACII-VS-REALII-VUCA-SVITU.pdf

Solo gestori archvio

Descrizione: Articolo principale
Tipologia: Versione Editoriale
Dimensione 706.36 kB
Formato Adobe PDF
706.36 kB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10447/624815
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact