ACI Airport Operations Business Restart and Recovery
ACI Airport Operations Business Restart and Recovery
Suggested Citation
Abstract:
Moşteanu, N.R. (2024). Adapting In an age characterized by unprecedented socio-financial
to the Unpredictable: Building disruptions, businesses encounter a crucial mandate: to seamlessly
Resilience for Business Continuity incorporate organizational resilience, risk management, and business
in an Ever-Changing Landscape. continuity strategies. This article navigates this complex landscape,
European Journal of Theoretical and offering insights into the essential interplay between resilience and
Applied Sciences, 2(1), 444-457. risk mitigation. It explores the dynamic nature of socio-financial
DOI: 10.59324/ejtas.2024.2(1).37 disruptions, emphasizing the inherent risks they pose. Drawing from
real-world examples, we dissect key components of organizational
resilience and delve into strategies that marry resilience with effective
risk management. Proactive measures take center stage, guiding organizations to fortify their structures
against uncertainties. From embracing technological innovations to fostering a culture of adaptability, it
unveils practical tips for cultivating resilience while concurrently managing risks. Leadership's pivotal role
in steering organizations through crises is highlighted, emphasizing risk-aware decision-making.
Collaborative approaches and partnerships emerge as crucial elements, promoting collective resilience
and shared risk management. The article advocates for a continuous cycle of monitoring, adaptation, and
dynamic risk management to meet evolving challenges. As research concludes, it distills key takeaways,
urging businesses to adopt an integrated approach to fortify their foundations. Proactive Invitation
encourages readers to assess and improve organizational resilience, risk management, and business
continuity practices, providing a roadmap for navigating tomorrow's uncertainties.
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The crisis is not a time for the uninitiated, nor and/or overcome social disasters. In this context,
for learning, or reinventing things that should be it is beneficial to review, adapt and apply the 5E
known. Risks have many faces; many times, they rule (Engage, Explore, Explain, Execute and
are followed by socio-economic-financial Evaluate) where appropriate. The explanation
disruptions and crises (Moşteanu, 2020a). And phase of this process requires special attention. At
the financial and social crisis is not behaving this stage, the organization addresses its core
differently, they are following the same pattern values, strategic priorities and obtains a clear
(Nathanial and Van der Heyden, 2020). understanding of available resources. The
involvement of all employees in organizational
Learning from the past and preparing for the
activities becomes vital, emphasizing the
present and future are imperative. It is advisable
importance of team spirit. Achieving alignment
for the management of each organization to
across the organization is crucial, requiring the
establish a proactive risk assessment and response
creation of a shared policy understanding - a
mechanism to prevent disruptions of any nature
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Keeping the core values in mind, during crisis Values serve as general criteria or guiding
times, organizational culture and behavior have principles, influencing individuals' evaluations of
to adapt to the strategic prioritized emergency desirable or undesirable behaviors, events,
business plan and to be strictly obeyed. situations, and outcomes. These values play a
significant role in shaping employee behavior
Organizational design refers to the selection of
various resources and the reasons behind those and organizational effectiveness.
choices. It is about how and why. The organization The adaptability of an organization's culture to
uses its structure and culture as tools to environmental changes, its ability to motivate
accomplish primary goals. Organizational employees, retain resources, maintain market
culture is a system of shared values, shaped by presence and increase efficiency are directly
design and operational principles. It signifies a related to how members internalize the
set of shared values and norms that govern organization's values and recognize the
interactions among organizational members and importance of active involvement and giving.
with external entities such as suppliers, Refocusing on our strategic priorities and their
customers, and others. implementation by the crisis management team,
it is essential that we establish a new set of
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