Organizational Resilience and Crisis Management in Energy Solution Limited in Owerri Imo State, Nigeria
Abstract
This study investigated the relationship between organizational resilience and crisis management in energy solution limited in Owerri Imo State, Nigeria. Organizational resilience is the ability to prepare and adjust to changes or disruptions through anticipation, protection, responsiveness and recoverability and return to normality after facing an alarming and often unexpected threat. Moreover, the suitability and completeness of the organizational resilience policy and continuous planning of firm’s legitimate of economic development and the organization’s willingness to implement and adapt to its policies and plans for prevention, mitigation, response, continuity and recovery. For the purpose of this study, three hundred and four (304) copies of structured questionnaire using five (5) point likert scale were administered to employees of energy solution limited in Imo States, Nigeria. Out of the three hundred and four (304) copies of structured questionnaire, two hundred and ninety-two (292) copies were completed, filled and used representing a respond rate of 99.3%. The formulated research Hypotheses were tested using the Spearman’s Rank Order Correlation Coefficient statistical tool and the results prove that Organizational Resilience persuades psychological effect and preparedness/communication measures. The researchers concludes that organizational resilience components do not replace crisis management or continuity planning; rather, resilience should be seen as organizational goals, whereas stakeholders need to develop positive images to burnish their reputations. The study recommends that development and promotion of organizational resilience will assists government to develop policies and enables stakeholders to build organizations which are able to operate more effectively and confidently in our increasingly volatile, uncertain, complex and ambiguous world.
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