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The Palgrave Encyclopedia of Strategic Management pp 1441–1445Cite as

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Resilience

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Abstract

Resilience is a word that is gaining increasing currency in the field of strategic management (Cascio, Foreign Policy 172:82–95, 2009) although not without some criticism (Rose, Environmental Hazards: Human and Policy Dimensions 6:1–16, 2007). Use of the word is evolving from its classical etymology and narrow engineering definition as bounce-back to the status quo ante. In life sciences resilience is taken to be evolutionary in nature. This understanding accords with the reality of living in dynamic networks, where our ‘bounded rationality’ (Simon, H.A. [1956] 1982. Reply: Surrogates for uncertain decision problems. In Models of bounded rationality, vol. 1: Economic analysis and public policy. Cambridge, MA: The MIT Press.) is increasingly dangerous to ignore. On these terms resilience is a realist concept for enabling bodies to bounce forward, innovating appropriately through learning from a past overtaken by events and exploration of the uncertainties ahead.

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Author information

Authors and Affiliations

  1. University College London, Institute for Security and Resilience Studies, Gower Street, WC1E 6BT, London, UK

    J. P. Macintosh

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  1. J. P. Macintosh
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Correspondence to J. P. Macintosh .

Editor information

Editors and Affiliations

  1. GSBPP, Naval Postgraduate School, Monterey, CA, USA

    Mie Augier

  2. Berkeley Research Group, LLC, Emeryville, CA, USA

    David J. Teece

  3. Haas School of Business, University of California, Berkeley, Berkeley, CA, USA

    David J. Teece

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© 2018 Macmillan Publishers Ltd., part of Springer Nature

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Macintosh, J. (2018). Resilience. In: Augier, M., Teece, D.J. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-00772-8_511

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