IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v7y2015i12p15828-16497d60574.html
   My bibliography  Save this article

Modelling and Enhancement of Organizational Resilience Potential in Process Industry SMEs

Author

Listed:
  • Slavko Arsovski

    (Faculty of Engineering, University of Kragujevac, Sestre Janjic 6, Kragujevac 34000, Serbia
    These authors contributed equally to this work.)

  • Goran Putnik

    (Department of Production and Systems Engineering, Universidade do Minho, Braga 4705, Portugal
    These authors contributed equally to this work.)

  • Zora Arsovski

    (Faculty of Economics, University of Kragujevac, Djure Pucara Starog 3, Kragujevac 34000, Serbia
    These authors contributed equally to this work.)

  • Danijela Tadic

    (Faculty of Engineering, University of Kragujevac, Sestre Janjic 6, Kragujevac 34000, Serbia
    These authors contributed equally to this work.)

  • Aleksandar Aleksic

    (Faculty of Engineering, University of Kragujevac, Sestre Janjic 6, Kragujevac 34000, Serbia)

  • Aleksandar Djordjevic

    (Faculty of Engineering, University of Kragujevac, Sestre Janjic 6, Kragujevac 34000, Serbia
    These authors contributed equally to this work.)

  • Slavisa Moljevic

    (Faculty of Mechanical Engineering, University of East Sarajevo, Vuka Karadzica 30, Lukavica 71126, East Sarajevo, Bosnia and Herzegovina
    These authors contributed equally to this work.)

Abstract

The business environment is rapidly changing and puts pressure on enterprises to find effective ways to survive and develop. Since it is almost impossible to identify the multitude of complex conditions and business risks, an organization has to build its resilience in order to be able to overcome issues and achieve long term sustainability. This paper contributes by establishing a two-step model for assessment and enhancement of organizational resilience potential oriented towards Small and Medium Enterprises (SMEs) in the process industry. Using a dynamic modelling technique and statistical tools, a sample of 120 SMEs in Serbia has been developed as a testing base, and one randomly selected enterprise was used for model testing and verification. Uncertainties regarding the relative importance of organizational resilience potential factors (ORPFs) and their value at each level of business are described by pre-defined linguistic expressions. The calculation of the relative importance of ORPFs for each business level is stated as a fuzzy group decision making problem. First, the weighted ORPFs’ values and resilience potential at each business level are determined. In the second step, near optimal enhancement of ORPFs’ values is achieved by applying a genetic algorithm (GA).

Suggested Citation

  • Slavko Arsovski & Goran Putnik & Zora Arsovski & Danijela Tadic & Aleksandar Aleksic & Aleksandar Djordjevic & Slavisa Moljevic, 2015. "Modelling and Enhancement of Organizational Resilience Potential in Process Industry SMEs," Sustainability, MDPI, vol. 7(12), pages 1-15, December.
    • Handle: RePEc:gam:jsusta:v:7:y:2015:i:12:p:15828-16497:d:60574
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/7/12/15828/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/7/12/15828/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tang, Christopher S. & Davarzani, Hoda & Sarkis, Joseph, 2015. "Quantitative models for managing supply chain risks: A reviewAuthor-Name: Fahimnia, Behnam," European Journal of Operational Research, Elsevier, vol. 247(1), pages 1-15.
    2. Sonia Irshad Mari & Young Hae Lee & Muhammad Saad Memon, 2014. "Sustainable and Resilient Supply Chain Network Design under Disruption Risks," Sustainability, MDPI, vol. 6(10), pages 1-21, September.
    3. Stephen R. Carpenter & Kenneth J. Arrow & Scott Barrett & Reinette Biggs & William A. Brock & Anne-Sophie Crépin & Gustav Engström & Carl Folke & Terry P. Hughes & Nils Kautsky & Chuan-Zhong Li & Geof, 2012. "General Resilience to Cope with Extreme Events," Sustainability, MDPI, vol. 4(12), pages 1-12, November.
    4. Mari, Sonia Irshad & Lee, Young Hae & Memon, Muhammad Saad & Cho, Su Yeon, 2014. "A Three-level Sustainable and Resilient Supply Chain Network Design under Disruption," MPRA Paper 58228, University Library of Munich, Germany.
    5. Snezana Nestic & Miladin Stefanovic & Aleksandar Djordjevic & Slavko Arsovski & Danijela Tadic, 2015. "A model of the assessment and optimisation of production process quality using the fuzzy sets and genetic algorithm approach," European Journal of Industrial Engineering, Inderscience Enterprises Ltd, vol. 9(1), pages 77-99.
    6. Pant, Raghav & Barker, Kash & Zobel, Christopher W., 2014. "Static and dynamic metrics of economic resilience for interdependent infrastructure and industry sectors," Reliability Engineering and System Safety, Elsevier, vol. 125(C), pages 92-102.
    7. Linnenluecke, Martina K. & Griffiths, Andrew, 2010. "Corporate sustainability and organizational culture," Journal of World Business, Elsevier, vol. 45(4), pages 357-366, October.
    8. Francis, Royce & Bekera, Behailu, 2014. "A metric and frameworks for resilience analysis of engineered and infrastructure systems," Reliability Engineering and System Safety, Elsevier, vol. 121(C), pages 90-103.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ali Aghazadeh Ardebili & Elio Padoano, 2020. "A Literature Review of the Concepts of Resilience and Sustainability in Group Decision-Making," Sustainability, MDPI, vol. 12(7), pages 1-22, March.
    2. Orlando Durán & Belén Vergara, 2022. "Maintenance Strategies Definition Based on Systemic Resilience Assessment: A Fuzzy Approach," Mathematics, MDPI, vol. 10(10), pages 1-16, May.
    3. Hatice Şengül & Dilem Marşan & Tuğçe Gün, 2019. "Survey assessment of organizational resiliency potential of a group of Seveso organizations in Turkey," Journal of Risk and Reliability, , vol. 233(3), pages 470-486, June.
    4. Michael Huber & Nikola Komatina & Vladan Paunović & Snežana Nestić, 2023. "Analysis of the Relationship between the Organizational Resilience Factors and Key Performance Indicators’ Recovery Time in Uncertain Environments in Industrial Enterprises," Mathematics, MDPI, vol. 11(14), pages 1-19, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shashi & Piera Centobelli & Roberto Cerchione & Myriam Ertz, 2020. "Managing supply chain resilience to pursue business and environmental strategies," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1215-1246, March.
    2. Marta Negri & Enrico Cagno & Claudia Colicchia & Joseph Sarkis, 2021. "Integrating sustainability and resilience in the supply chain: A systematic literature review and a research agenda," Business Strategy and the Environment, Wiley Blackwell, vol. 30(7), pages 2858-2886, November.
    3. Jacek Ryczyński & Agnieszka A. Tubis, 2021. "Tactical Risk Assessment Method for Resilient Fuel Supply Chains for a Military Peacekeeping Operation," Energies, MDPI, vol. 14(15), pages 1-24, August.
    4. Fu Jia & Yan Jiang, 2018. "Sustainable Global Sourcing: A Systematic Literature Review and Bibliometric Analysis," Sustainability, MDPI, vol. 10(3), pages 1-26, February.
    5. Antonio Zavala-Alcívar & María-José Verdecho & Juan-José Alfaro-Saiz, 2020. "A Conceptual Framework to Manage Resilience and Increase Sustainability in the Supply Chain," Sustainability, MDPI, vol. 12(16), pages 1-38, August.
    6. Khalilullah Mayar & David G. Carmichael & Xuesong Shen, 2022. "Resilience and Systems—A Review," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    7. Ruiying Li & Qiang Dong & Chong Jin & Rui Kang, 2017. "A New Resilience Measure for Supply Chain Networks," Sustainability, MDPI, vol. 9(1), pages 1-19, January.
    8. Maria Ghufran & Khurram Iqbal Ahmad Khan & Fahim Ullah & Wesam Salah Alaloul & Muhammad Ali Musarat, 2022. "Key Enablers of Resilient and Sustainable Construction Supply Chains: A Systems Thinking Approach," Sustainability, MDPI, vol. 14(19), pages 1-19, September.
    9. Elifcan Göçmen & Rızvan Erol, 2018. "The Problem of Sustainable Intermodal Transportation: A Case Study of an International Logistics Company, Turkey," Sustainability, MDPI, vol. 10(11), pages 1-16, November.
    10. Luis Francisco López-Castro & Elyn L. Solano-Charris, 2021. "Integrating Resilience and Sustainability Criteria in the Supply Chain Network Design. A Systematic Literature Review," Sustainability, MDPI, vol. 13(19), pages 1-26, September.
    11. El-Awady Attia & Ali Alarjani & Md. Sharif Uddin & Ahmed Farouk Kineber, 2023. "Determining the Stationary Enablers of Resilient and Sustainable Supply Chains," Sustainability, MDPI, vol. 15(4), pages 1-23, February.
    12. Jung Seung Lee & Soo Kyung Kim & Su-Yol Lee, 2016. "Sustainable Supply Chain Capabilities: Accumulation, Strategic Types and Performance," Sustainability, MDPI, vol. 8(6), pages 1-16, May.
    13. Muhammad Umar Farooq & Amjad Hussain & Tariq Masood & Muhammad Salman Habib, 2021. "Supply Chain Operations Management in Pandemics: A State-of-the-Art Review Inspired by COVID-19," Sustainability, MDPI, vol. 13(5), pages 1-33, February.
    14. Fahim ul Amin & Qian-Li Dong & Katarzyna Grzybowska & Zahid Ahmed & Bo-Rui Yan, 2022. "A Novel Fuzzy-Based VIKOR–CRITIC Soft Computing Method for Evaluation of Sustainable Supply Chain Risk Management," Sustainability, MDPI, vol. 14(5), pages 1-15, February.
    15. Rosario Michel-Villarreal & Eliseo Luis Vilalta-Perdomo & Maurizio Canavari & Martin Hingley, 2021. "Resilience and Digitalization in Short Food Supply Chains: A Case Study Approach," Sustainability, MDPI, vol. 13(11), pages 1-23, May.
    16. Nader Naderpajouh & David J. Yu & Daniel P. Aldrich & Igor Linkov & Juri Matinheikki, 2018. "Engineering meets institutions: an interdisciplinary approach to the management of resilience," Environment Systems and Decisions, Springer, vol. 38(3), pages 306-317, September.
    17. Waltho, Cynthia & Elhedhli, Samir & Gzara, Fatma, 2019. "Green supply chain network design: A review focused on policy adoption and emission quantification," International Journal of Production Economics, Elsevier, vol. 208(C), pages 305-318.
    18. João Pires Ribeiro & Ana Paula F. D. Barbosa-Póvoa, 2023. "A responsiveness metric for the design and planning of resilient supply chains," Annals of Operations Research, Springer, vol. 324(1), pages 1129-1181, May.
    19. Jingjing Kong & Slobodan P. Simonovic & Chao Zhang, 2019. "Resilience Assessment of Interdependent Infrastructure Systems: A Case Study Based on Different Response Strategies," Sustainability, MDPI, vol. 11(23), pages 1-31, November.
    20. Das, Laya & Munikoti, Sai & Natarajan, Balasubramaniam & Srinivasan, Babji, 2020. "Measuring smart grid resilience: Methods, challenges and opportunities," Renewable and Sustainable Energy Reviews, Elsevier, vol. 130(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:7:y:2015:i:12:p:15828-16497:d:60574. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.