Managing for Resilience in a Crisis
7 of 12: Organizational Slack as a Set of Shock Absorbers that Can be Activated Under Stress
Dennis R. Young | December 2020
Learn about organizational resilience and identify the key dimensions around which nonprofits are developing their resilience strategies.
Crises such as pandemics, economic downturns, scandals, and natural disasters challenge the viability and effectiveness of nonprofit organizations and compel them to develop preventive and coping strategies to ameliorate the shocks associated with such events.
The current pandemic has demonstrated that nonprofits are making themselves more resilient in multiple, often innovative ways. In this 12-part video series, Dr. Dennis R. Young discusses the concept of organizational resilience and identifies the key dimensions around which nonprofits are developing their resilience strategies, including cost structure, revenue composition, technology, entrepreneurship, and collaboration.