1.
Prashant Salwan
– Prof., Strategy & International Business, Indian Institute Of Mgt. Indore, Madhya Pradesh.
2.
Viswa Prasad Gada
– Prof., Strategy & International Business, Indian Institute Of Mgt. Indore, Madhya Pradesh.
Abstract
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
in1961. 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.
