Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 Pandemic
The COVID-19 pandemic represents a massive, often unanticipated, external disruption for many companies. As a concept for responding to such disruption, organizational resilience has recently received great attention. In the organizational context, the overriding question is how companies can become...
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doaj-ee0852d48c5243ac9f329866dda8d0702021-06-01T01:28:13ZengMDPI AGSustainability2071-10502021-05-01136090609010.3390/su13116090Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 PandemicKonstantin Neumann0Tim van Erp1Erik Steinhöfel2Felix Sieckmann3Holger Kohl4Fraunhofer Institute for Production Systems and Design Technology, 10587 Berlin, GermanyGerman Electrical and Electronic Manufacturers’ Association (ZVEI), 60528 Frankfurt am Main, GermanyFraunhofer Institute for Production Systems and Design Technology, 10587 Berlin, GermanyFraunhofer Institute for Production Systems and Design Technology, 10587 Berlin, GermanyFraunhofer Institute for Production Systems and Design Technology, 10587 Berlin, GermanyThe COVID-19 pandemic represents a massive, often unanticipated, external disruption for many companies. As a concept for responding to such disruption, organizational resilience has recently received great attention. In the organizational context, the overriding question is how companies can become more resilient. This study aims to contribute to answering this question by identifying, categorizing, and providing specific business model patterns for achieving resilience on the corporate level. For this purpose, a review of publications by major consulting firms was conducted. Patterns were extracted from publications until a convergence criterion indicated that no new pattern could be identified considering further publications. The 110 extracted unique patterns were clustered into 13 objectives, and additionally categorized according to resilience phases, as well as business model elements, to support the application in practice. The final catalog of patterns was validated through expert interviews and thus provides organizations, such as those in the electrical industry, with an overview and specific approaches on how to tackle industrial resilience through the adaption of their business model.https://www.mdpi.com/2071-1050/13/11/6090organizational resiliencebusiness modelresilience measurebusiness model patternCOVID-19pandemic |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Konstantin Neumann Tim van Erp Erik Steinhöfel Felix Sieckmann Holger Kohl |
spellingShingle |
Konstantin Neumann Tim van Erp Erik Steinhöfel Felix Sieckmann Holger Kohl Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 Pandemic Sustainability organizational resilience business model resilience measure business model pattern COVID-19 pandemic |
author_facet |
Konstantin Neumann Tim van Erp Erik Steinhöfel Felix Sieckmann Holger Kohl |
author_sort |
Konstantin Neumann |
title |
Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 Pandemic |
title_short |
Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 Pandemic |
title_full |
Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 Pandemic |
title_fullStr |
Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 Pandemic |
title_full_unstemmed |
Patterns for Resilient Value Creation: Perspective of the German Electrical Industry during the COVID-19 Pandemic |
title_sort |
patterns for resilient value creation: perspective of the german electrical industry during the covid-19 pandemic |
publisher |
MDPI AG |
series |
Sustainability |
issn |
2071-1050 |
publishDate |
2021-05-01 |
description |
The COVID-19 pandemic represents a massive, often unanticipated, external disruption for many companies. As a concept for responding to such disruption, organizational resilience has recently received great attention. In the organizational context, the overriding question is how companies can become more resilient. This study aims to contribute to answering this question by identifying, categorizing, and providing specific business model patterns for achieving resilience on the corporate level. For this purpose, a review of publications by major consulting firms was conducted. Patterns were extracted from publications until a convergence criterion indicated that no new pattern could be identified considering further publications. The 110 extracted unique patterns were clustered into 13 objectives, and additionally categorized according to resilience phases, as well as business model elements, to support the application in practice. The final catalog of patterns was validated through expert interviews and thus provides organizations, such as those in the electrical industry, with an overview and specific approaches on how to tackle industrial resilience through the adaption of their business model. |
topic |
organizational resilience business model resilience measure business model pattern COVID-19 pandemic |
url |
https://www.mdpi.com/2071-1050/13/11/6090 |
work_keys_str_mv |
AT konstantinneumann patternsforresilientvaluecreationperspectiveofthegermanelectricalindustryduringthecovid19pandemic AT timvanerp patternsforresilientvaluecreationperspectiveofthegermanelectricalindustryduringthecovid19pandemic AT eriksteinhofel patternsforresilientvaluecreationperspectiveofthegermanelectricalindustryduringthecovid19pandemic AT felixsieckmann patternsforresilientvaluecreationperspectiveofthegermanelectricalindustryduringthecovid19pandemic AT holgerkohl patternsforresilientvaluecreationperspectiveofthegermanelectricalindustryduringthecovid19pandemic |
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