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Thrown off track? Adjustments of Asian business to shock events

The need for a better understanding of radical uncertainty might have never been greater. Ill-preparedness for natural hazards, a resurgence of serious public health concerns or illusions of control over unruly technology question the extent to which we can ‘really’ shape the world around us. Human-...

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Autores principales: Horn, Sierk, Sekiguchi, Tomoki, Weiss, Matthias
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8194381/
http://dx.doi.org/10.1057/s41291-021-00158-y
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author Horn, Sierk
Sekiguchi, Tomoki
Weiss, Matthias
author_facet Horn, Sierk
Sekiguchi, Tomoki
Weiss, Matthias
author_sort Horn, Sierk
collection PubMed
description The need for a better understanding of radical uncertainty might have never been greater. Ill-preparedness for natural hazards, a resurgence of serious public health concerns or illusions of control over unruly technology question the extent to which we can ‘really’ shape the world around us. Human-made crises, too, test how we routinely do things. We ask how organisations and actors within them prepare for a collapse of meaning and practise radical uncertainty. Given the breadth and depth of the region’s energy (and, as some would argue, turbulences), Asia provides a fitting context for exploring accommodation to and learning from low-probability, high-impact incidents. By reviewing the business and management research on shocks in Asia, we find that there is a strong human side to dealing with the unknown. We argue that what organisations and actors within them do prior, during and after a shock event is substantially contingent upon cultural environments. To elaborate, we discuss the role of the uncertainty avoidance dimension of national culture in dealing with shock events. We further combine this dimension with the universalism-particularism dimension to discuss future research directions. Our exploration of resultant differences in preparedness, resourcefulness and learning offers a more rounded inquiry into how Asian business actors deal with shocks.
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spelling pubmed-81943812021-06-15 Thrown off track? Adjustments of Asian business to shock events Horn, Sierk Sekiguchi, Tomoki Weiss, Matthias Asian Bus Manage Editorial The need for a better understanding of radical uncertainty might have never been greater. Ill-preparedness for natural hazards, a resurgence of serious public health concerns or illusions of control over unruly technology question the extent to which we can ‘really’ shape the world around us. Human-made crises, too, test how we routinely do things. We ask how organisations and actors within them prepare for a collapse of meaning and practise radical uncertainty. Given the breadth and depth of the region’s energy (and, as some would argue, turbulences), Asia provides a fitting context for exploring accommodation to and learning from low-probability, high-impact incidents. By reviewing the business and management research on shocks in Asia, we find that there is a strong human side to dealing with the unknown. We argue that what organisations and actors within them do prior, during and after a shock event is substantially contingent upon cultural environments. To elaborate, we discuss the role of the uncertainty avoidance dimension of national culture in dealing with shock events. We further combine this dimension with the universalism-particularism dimension to discuss future research directions. Our exploration of resultant differences in preparedness, resourcefulness and learning offers a more rounded inquiry into how Asian business actors deal with shocks. Palgrave Macmillan UK 2021-06-11 2021 /pmc/articles/PMC8194381/ http://dx.doi.org/10.1057/s41291-021-00158-y Text en © The Author(s) 2021 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Editorial
Horn, Sierk
Sekiguchi, Tomoki
Weiss, Matthias
Thrown off track? Adjustments of Asian business to shock events
title Thrown off track? Adjustments of Asian business to shock events
title_full Thrown off track? Adjustments of Asian business to shock events
title_fullStr Thrown off track? Adjustments of Asian business to shock events
title_full_unstemmed Thrown off track? Adjustments of Asian business to shock events
title_short Thrown off track? Adjustments of Asian business to shock events
title_sort thrown off track? adjustments of asian business to shock events
topic Editorial
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8194381/
http://dx.doi.org/10.1057/s41291-021-00158-y
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