BUILDING SUSTAINABLE ORGANISATIONAL RESILIENCE: A CONCEPTUAL PERSPECTIVE ON COLLABORATIVE FORESIGHT AND STRATEGIC ADAPTABILITY
DOI:
https://doi.org/10.35631/IJEMP.936004Keywords:
BANI Environment, Collaborative Foresight, Strategic Adaptability, Sustainable Organisational ResilienceAbstract
In an increasingly volatile global landscape characterised by brittle, anxious, non-linear, and incomprehensible (BANI) conditions, small and medium-sized enterprises (SMEs) face compounding disruptions—ranging from economic shifts to geopolitical conflicts—that threaten their long-term survival. This conceptual paper addresses the limitations of traditional, reactive crisis management by proposing an integrative framework designed to build Sustainable Organisational Resilience (SOR) and cultivate competitive advantage. Grounded in the Resource-Based Theory (RBT) and Dynamic Capability Theory (DCT), this study synthesises literature across strategic management, foresight, and adaptability to develop a theoretical model that positions Collaborative Foresight (CF) and Strategic Adaptability (SA) as mutually reinforcing dynamic capabilities. Rather than relying on isolated internal forecasting, the framework demonstrates how SMEs can leverage inter-organisational stakeholder collaboration and agile structural adaptations to continuously sense external trends and reconfigure core competencies. Through a systematic theoretical analysis, five core research propositions are developed, positing that CF and SA directly enhance organisational resilience, which in turn serves as a vital mediating mechanism driving SME competitiveness. The study concludes that transitioning from reactive damage control to proactive, foresight-driven adaptability enables resource-constrained SMEs to absorb environmental shocks, sustain value creation, and ultimately become "BANI-proof" organisations. By bridging the gap between static resource allocation and dynamic capability deployment, this paper offers significant theoretical contributions to RBT and DCT while providing practical guidance for SME owner-managers and policymakers seeking to foster resilient business ecosystems. Future empirical validation using quantitative structural equation modelling is recommended to test the proposed conceptual linkages.
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