Exploring the Indirect Links between Enterprise Risk Management and the Financial Performance of SMEs
This paper responds to the lack of empirical evidence on how enterprise risk management (ERM) and the financial performance of small and medium-sized enterprises (SMEs) are related. Structural equation modeling is used to explore new
mediators in the relationship between ERM and SME financial performance. The
results show that organizational culture (mission dimension) and strategic risk management performance are full and positive mediators between ERM and financial performance......
Quantifying Organisational Resilience: An Integrated Resource Efficiency View
Organisations are increasingly exposed to risks from globally disruptive events, triggering interest and new research into organisational resilience. Several levers to increase resilience are defined in the literature but organisations still find it challenging to prepare for the next disruption. This study contributes to the resilience literature by drawing on the integrated resource efficiency view (IREV) framework to measure four levers of organisational resilience and derive an organisational resilience index (ORI)......
Establishing Organisational Resilience through developing a Strategic Framework for Digital Transformation
Purpose – The purpose of this paper is to present a strategic management framework for a successful digital
transformation (DT) roll-out aimed at enabling organisational resilience. The study aims to identify the critical areas of consideration for management to strategically approach DT in order to build resilience.
The Mediating Role of Levers of Controls on the Association Between Sustainable Leadership and Organisational Resilience
This study examines the mediating role of Simons’ (Levers of control: How managers
use innovative control systems to drive strategic renewal, Harvard Business
School Press, 1995) levers of control (belief systems, boundary controls, interactive use of controls, diagnostic use of controls) on the association between sustainable leadership and organisational resilience.
Nonprofit Organisational Resilience: Proposing a Conceptual Adaptive Capacity Framework
Nonprofit organisations (NPOs) play a key role in resolving the challenges and
inequalities prevalent in South Africa; however, turbulent events have led to existential concerns for many NPOs. It is important to understand how NPOs can augment their organisational resilience to mitigate existential concerns.
Integrated Security Management Model: A Proposal applied to Organisational Resilience
The purpose of this article is to contribute scientifically to the thematic areas of
organisational resilience and security risk management by providing a model of a
flexible security management system that can be integrated with other management systems and be applied to the operational dimension of organisational resilience. To this end, the literature on security risk and operational resilience has been reviewed as well as on security governance models based on enterprise security risk management
and other international standards that allow integration with business processes.
During the study, an incipient production of specific models that determine
the maturity of different management systems was observed in the academic sphere, with a gap being detected in terms of security management system maturity models linked to organisational governance and enterprise risk management, which would facilitate their inclusion in the organisation’s integrated management system in a practical way. It is concluded that the proposed model provides scientific support to practitioners, and, to a greater extent, to companies and other organisations irrespective of their size, sector of activity or location.
Case Study: Global Tech Solutions’ Risk Management Transformation in 2025
Case Study: Global Tech Solutions’ Risk Management Transformation in 2025 Theme: General Risk Date: December 2024 Background: Global Tech Solutions (GTS), a multinational technology company, faced unprecedented challenges in 2025 as it navigated an increasingly complex risk landscape. With operations spanning 50 countries and a workforce of 100,000 employees, GTS recognised the need to revolutionise……...
Building a Resilient Organisation
Sun TZU, in The Art of War writes that:
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”
This quotation highlights the importance of understanding our organisations and the environments in which we operate.
Business Continuity and Resilience Toolkit
This toolkit is designed to help you make
your business more resilient in the face of significant disruptions. The COVID-19 crisis came on very fast and many businesses have been negatively impacted. By following the steps in this toolkit, you can be better prepared for the next crisis, no matter what form it takes.
Strategic Toolkit for Assessing Risks
Most countries are likely to experience a large-scale emergency approximately, and many will face seasonal returns of hazards, including cyclones, flooding, and disease outbreaks. Although countries may seek to address all risks in a timely and efficient manner, using risk-based approaches can help to optimize resource utilization and allow them to prioritize actions to be ready to respond to potential emergencies.