Surviving the Dynamic Business Landscape: The Influence of Dynamic Capabilities on Organizational Resilience

Authors

  • Jeffrey Ambat Amoguis Adventist University of the Philippines

Keywords:

dynamic capabilities, organizational resilience, micro and small enterprises

Abstract

In a rapidly evolving business landscape marked by the COVID-19 pandemic, global tensions, technological disruptions, and environmental consciousness, organizational adaptability is essential. This research examines the interplay between Dynamic Capabilities (DC) and organizational resilience (OR) in Micro and Small Enterprises (MSEs) in Cavite, Philippines. Utilizing theories of organizational resilience and dynamic capabilities, the study highlights adaptability, opportunity recognition, risk mitigation, informed decision-making, collaboration, and resource orchestration as key to organizational stability. Jack Welch's insight emphasizes the need for internal transformation to match external dynamism to avoid organizational decline. The study draws on Teece's framework of dynamic capabilities—sensing, seizing, and transforming capacities—positioning MSEs as vulnerable yet capable of leveraging these capabilities to enhance resilience. With 66 MSEs, the research employs a correlational design and a questionnaire to examine business attributes, dynamic capabilities, and organizational resilience. Statistical analyses, including mean, standard deviation, Pearson correlation, and one-way ANOVA, reveal the relationships between these variables. Findings offer practical implications for business leaders, policymakers, investors, and stakeholders. Business leaders can use insights into dynamic capabilities for informed decision-making and navigating uncertainties. Policymakers can develop targeted initiatives to promote business resilience based on empirical evidence. Investors and stakeholders gain a deeper understanding of factors contributing to MSE resilience, aiding investment decisions and risk assessments. The study acknowledges the resilience of Cavite’s MSEs and recommends enhancing dynamic capabilities and organizational resilience, especially in capital and strategic areas. Expanding research to regional and national levels can improve the generalization of findings, providing valuable insights for navigating the ever-evolving business landscape.

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Published

2024-10-23

How to Cite

Amoguis, J. A. (2024). Surviving the Dynamic Business Landscape: The Influence of Dynamic Capabilities on Organizational Resilience. 11th International Scholars Conference, 11(3), 681-698. Retrieved from https://jurnal.unai.edu/index.php/isc/article/view/3401