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How organizational resilience overcomes managerial status quo bias in the face of uncertainty

Mini Dissertation (MBA)--University of Pretoria, 2021.

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Other Authors: Lew, Charlene
Format: Thesis
Language:English
Published: University of Pretoria 2022
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access_status_str Open Access
author2 Lew, Charlene
author_browse Lew, Charlene
author_facet Lew, Charlene
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2021.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:36:29.578Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2022
publishDateRange 2022
publishDateSort 2022
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/85519 How organizational resilience overcomes managerial status quo bias in the face of uncertainty Lew, Charlene Dlamini, Mphumelelo Njabulo UCTD Mini Dissertation (MBA)--University of Pretoria, 2021. It is generally accepted that for organizations to achieve sustained long term growth; they must be able to withstand unpredictable and inevitable external disruptions. This goal is shaped by an organization’s adaptive capabilities, which enhance its agility and responsiveness to uncertainty. This study focuses on how status quo bias can hinder an organization’s capacity to attain resilience and what interventions that an organization can employ to overcome status quo bias. This study also explores the development of organizational resilience and the initiatives that managers employ in an emerging market context. This qualitative study utilized a narrative approach in which thirteen participants were interviewed using semi-structured schedules. The findings of these interviews revealed that an organization’s ability to overcome status quo bias has a dual effect of building organizational resilience. The findings also demonstrate that enterprises that operate in South Africa, Eswatini and the rest of Sub-Saharan Africa develop unique adaptive capabilities that respond to unique opportunities and persevere through external disruptions. Overall, the study highlights that organizations must align their internal environment to their external environment through interdependent dynamic relationships that form an iterative cycle of progressive improvement and supports the creation of novel products, services, processes, and knowledge. zl22 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2022-05-17T11:22:11Z 2022-05-17T11:22:11Z 2022/04/07 2021 Mini Dissertation * https://repository.up.ac.za/handle/2263/85519 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
How organizational resilience overcomes managerial status quo bias in the face of uncertainty
title How organizational resilience overcomes managerial status quo bias in the face of uncertainty
title_full How organizational resilience overcomes managerial status quo bias in the face of uncertainty
title_fullStr How organizational resilience overcomes managerial status quo bias in the face of uncertainty
title_full_unstemmed How organizational resilience overcomes managerial status quo bias in the face of uncertainty
title_short How organizational resilience overcomes managerial status quo bias in the face of uncertainty
title_sort how organizational resilience overcomes managerial status quo bias in the face of uncertainty
topic UCTD
url https://repository.up.ac.za/handle/2263/85519