Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/emerald-publishing/how-vigilant-leaders-prepare-for-a-turbulent-future-463RHLSvWZ
References
References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.
- Publisher
- Emerald Publishing
- Copyright
- © Emerald Publishing Limited
- ISSN
- 1087-8572
- eISSN
- 1087-8572
- DOI
- 10.1108/sl-11-2020-0139
- Publisher site
- See Article on Publisher Site
Abstract
When the Covid-19 pandemic struck some organizations were more vigilant and better prepared to absorb the shock and are emerging stronger. This article describes the best practices of these vigilant organizations that enabled them to be more adept at anticipating whatever surprises are coming next.Design/methodology/approachThe article describes the four ways that vigilant firms are distinguished from their under-performing vulnerable rivals.FindingsVigilant firms practice: A strong commitment to processes that promote vigilance. 10;9;They invest in foresight activities. They deploy flexible and adaptive strategy-making processes. They coordinate and share information across organizational silos.Practical implicationsVigilance is rewarded when an organization is able to move faster than rivals once the ambiguities shrouding the weak signals of potential threats or nascent opportunities are clarified.Originality/valueThe practices of the vigilant organizations enable them to be more adept at anticipating whatever surprises are coming next, a crucial capability in the current and post-covid era.
Journal
Strategy & Leadership – Emerald Publishing
Published: Mar 20, 2021