Abstract
Resilience is a word that is gaining increasing currency in the field of strategic management (Cascio, Foreign Policy 172:82–95, 2009) although not without some criticism (Rose, Environmental Hazards: Human and Policy Dimensions 6:1–16, 2007). Use of the word is evolving from its classical etymology and narrow engineering definition as bounce-back to the status quo ante. In life sciences resilience is taken to be evolutionary in nature. This understanding accords with the reality of living in dynamic networks, where our ‘bounded rationality’ (Simon, H.A. [1956] 1982. Reply: Surrogates for uncertain decision problems. In Models of bounded rationality, vol. 1: Economic analysis and public policy. Cambridge, MA: The MIT Press.) is increasingly dangerous to ignore. On these terms resilience is a realist concept for enabling bodies to bounce forward, innovating appropriately through learning from a past overtaken by events and exploration of the uncertainties ahead.
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Macintosh, J.P. (2016). Resilience. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_511-1
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DOI: https://doi.org/10.1057/978-1-349-94848-2_511-1
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