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Resilience Leadership: Bouncing Forward with Efficiency

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  • Julia M. Puaschunder

    (Columbia University, Graduate School of Arts and Sciences, USA)

Abstract

The article is designed to aid academics and practitioners envisioning the future of resilient leadership in the finance world. In the aftermath of substantial crises, resilience is key for survival. The system dynamics of resilience are associated with fast-paced decision making under uncertainty, which predestines resilience more to be housed in a muddling-through approach rather than slow-thinking optimality control. Given the nature of resilience to gravitate towards satisficing crisis management, the marriage of resilience with leadership offers to imbue invaluable efficiency and rationality in market survival. Resilience leadership draws attention to leadership features in resiliency, such as clear goal attainment and rational execution plan strategy. This article provides an overview of resilience leadership in finance by the contemporary governmental, corporate and global governance efforts of three cases: 1. The Green New Deals as governmental resilience finance leadership; 2. Socially Responsible Finance as a corporate and financial sector resilience endeavor as well as 3. climate justice redistribution pledges as an international sustainable development strategy. The new age of resilience leadership in finance captures monetary means as a source of politics, diplomacy and international aid. Our new resilience leadership features the contemporary societal impact of the current outpouring of rescue and recovery funds and a boom in socially responsible investments that integrate environmental, social, and governance criteria in portfolio choices imbuing sustainable value of finance for society. Climate change resilience in redistribution funds serves as additional resilience leadership example at the forefront of sustainable development.

Suggested Citation

  • Julia M. Puaschunder, 2023. "Resilience Leadership: Bouncing Forward with Efficiency," Scientia Moralitas Conference Proceedings 01272, Research Association for Interdisciplinary Studies.
  • Handle: RePEc:smo:scmowp:01272
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    References listed on IDEAS

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