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ORGANIZATIONAL RESILIENCE AS A TOOL IN SUCCESSFUL ENTREPRENEURSHIP: A LITERATURE REVIEW

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Name: Dolly Mehta
Country: India
Publication Details
Year: 2023
Volume: Volume-8, Issue-2 (July-December)
Page Number: 47-51
Abstract
The concept of resilience originated from positive psychology is now being used in different fields including psychology, sociology, disaster management and business administration. With the dawn of 21st century the topic of organizational resilience has become an area of focus for many researchers as more recently, there has been a shift in interest toward healthy ways of adjustment and coping. The Organizational resilience is basically an ability to survive and adapt in the face of sudden shift or change. This paper will provide a narrative review on the link between organizational resilience and successful entrepreneurship and how employees can be benefitted. Along with it, the review accounts on how organizational resilience can be inculcated with the help of counselling strategies. Data has been synthesized using different tools and search engines. The paper synthesis reveals that resilient organizations can better support their workforce to cope with this newly altered work environment. It affects the organizational factors by making people more motivated, capable of dealing with change, and less susceptible to burnout which in turn leads to improved work productivity. This paper also shows that resilience can be taught in organizations through counselling the employees with the help of counselling strategies and resilience training which equip the working individuals with skills that they can use to curb the problems which are faced by organization and improves employees’ mental health and in turn improves people's performance throughout the workplace.
Keywords: Resilience, Organizational Resilience, Counselling, Employee Resilience, Successful Entrepreneurship, Workplace
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