Resilience during times of crisis: a study of service firms

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

The study finds that service firms with high social capital outperformed other organizations during a global crisis. The impact of social capital on crisis varied across different service subsectors.

Originality/value

The briefing saves busy executives, strategists, and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2023), "Resilience during times of crisis: a study of service firms", Strategic Direction, Vol. 39 No. 10, pp. 20-22. https://doi.org/10.1108/SD-09-2023-0118