Abstract
The capacity to turn threats into opportunities, and the ability to take advantage of the opportunities in a timely, non-crisis-like manner, is an indication of strategic resilience. Such resilience enables the organization to learn about the emergent opportunity early but also to shape its formation while still nascent, and benefit from the serendipity inherent in change unfolding in ways that are ultimately unforeseeable.
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Välikangas, L. (2016). Strategic Resilience. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_375-1
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DOI: https://doi.org/10.1057/978-1-349-94848-2_375-1
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