A Second Stream Of Management Research On Terrorism

A second stream of management research on terrorism has explored firm readiness and the performance impact of such preparation. In particular, several authors have examined the relationship between business continuity planning and the mitigation of the impact from unanticipated disasters such as terrorism (Cerullo Cerullo, 2004; Zsidisin, Melnyk, Ragatz, 2005). According to Cerullo and Cerrullo (2004), there is clear evidence from past catastrophes that international businesses without business continuity plans are ill-prepared and have a low probability of surviving unanticipated disasters such as terrorism, earthquakes, floods, and hurricanes. Practically, the 9/11 Commission Report (2004) urges the private sector to include continuity plans in their planning for a terrorist attack. The goal of such planning is increased resilience in the face of traumatic events such as terrorism. Enterprise resilience is the â€Å"ability and capacity to withstand systemic discontinuities and adapt to new risk environments† (Starr et al, 2003: 3), and this ability to bounce back, mitigate and endure disruptions and discontinuities can create a sustained competitive advantage over less adaptive firms (Starr et al., 2003). It is less than clear exactly what organizational factors lead to resilience (Vogus Sutcliffe, 2007), but prior experience seems to be an important consideration. For example, certain small firms with previous experience coping with uncertainty and violence have beenShow MoreRelatedThe Business Continuity Plan For A Dummy Variable1461 Words   |  6 PagesMNEs used in the Business Continuity Plan mediating variable are same MNEs identified for the Terrorism Exposure and Breadth of Experience in High-Risk Countries independent variables. The Erosion variable operationalizes the negative moderating effect from deterioration or wearing away of performance resilience over time. In other words, the Erosion variable is indicating the recency of the terrorism incident. The Erosion moderating variable is measured as the number of days since the last terroristRead MoreMetropolis Terrorism Incident Preparedness Strategy1343 Words   |  6 PagesMetropolis Terrorism Incident Preparedness Strategy The constantly changing nature of terrorism mandates that Metropolis continues to press forward to develop a vision and strategy that defines their terrorism preparedness objectives. Employing insight and identifying eight risk areas, Metropolis has developed this terrorism incident preparedness plan. The intent of this document is to provide Metropolis guidance and cohesion to support agencies during a terrorist event using reactionary and resiliencyRead MoreReading Review : Why Terrorism Doesn t Work1321 Words   |  6 PagesPOLS2207 Reading Review: Why Terrorism doesn’t work – Max Abrahms Leo Kwon I disagree with Abrahms’ article ‘Why Terrorism doesn’t work’, there are a number of fundamental flaws within his work that I feel undermines its credibility. I feel that if he offered the readers the chance to reach their own conclusions it would have been a persuasive piece. However, by using limited data samples as evidence for his arguments, I find it difficult to understand why this article is held in such high esteemRead MoreAttack Incidents On A Firm1831 Words   |  8 PagesTerrorism Experience is an independent variable representing the depth of proficiency, knowledge, best practices and insights that corporations, who were directly impacted by a specific terrorist incident, acquire from coping with the effects of terrorism. The Terrorism Experience is measured in terms of the cumulative number of terrorism incidents that directly affected the firm. The number of attack incidents on a firm is a Traditional type of terrorism measurement as categori zed by Frey et alRead MorePolitical Risks And Its Impact On Performance1341 Words   |  6 Pageshave to create new programs just to manage political risk, they are able to incorporate it into their â€Å"existing Enterprise Risk Management (ERM) systems, which would provide lower risk management costs, new revenue streams, better performance of existing businesses in emerging markets, and loss mitigation through improved business continuity planning and crisis management.† (Culp, Steve) Steve Culp believes this all achievable by simply following a three-step program which will allow business to â€Å"identifyRead MoreEffect of Terrorism on Pakistan Economy5798 Words   |  24 PagesECONOMIC COST OF TERRORISM: A CASE STUDY OF PAKISTAN Arshad Ali * The world is currently confronting terrorism in different manifestations. After the 9/11 terrorist events, the phenomenon of terrorism has abruptly changed the socioeconomic and geopolitical situation of the world. Terrorist groups have linkages with each other and are utilising each other‟s areas for recruitment and training, exchanging illegal weapons, engaging in joint planning and ventures, and also providing administrative andRead MorePopulation Crisis4749 Words   |  19 Pagesciit/fa09-bba-053/lhr RAZA AMJAD ciit/fa09-bba-116/lhr Submission Date: May3,2010 COMSATS Institute Of Information Technology Lahore ACLNOLDGEMENT First of all, we would like to thank our friends for assisting and helping us in our research. We would like to thank our teacher for helping us how to do study. We would like to thank our librarian for letting us borrow some books, for the computer lab incharge for letting us use computers. We would like to thank our parents for their financialRead MoreLeveraging The Capabilities Of Service Oriented Decision Support Systems2934 Words   |  12 Pagessuch as information system in order to manage such kinds of issues effectively. Introduction To understand and analyze the purposes/objectives aim is important, in order to accomplish the outcomes of the research paper. Due to objectives and aims offers a brief overview about the research paper so that the readers can understand its role and importance. The main aim of this paper is to conduct a study on the different aspects of Information Systems Development (ISD) methodologies or approachesRead MoreSecurity Screening And Safety Screening2305 Words   |  10 Pagesworking memory (Parasuraman, 1979). In tests between November 2001 and February 2002, screeners missed 70% of knives, 30% of guns and 60% of (fake) bombs (Los Angeles Times, 2002). Schneier (2006) also explains that as airport security faces an endless stream of identical objects, the brain automatically concludes that everything is similar and there is no need to pay careful attention and by the time the exception comes around, the brain will not be able to notice it. Furthermore, other undercover testsRead Mo reThe Socio-Cultural Effects of Technology on Society4293 Words   |  18 PagesGroup research paper: The Socio-Cultural Effects of Technology on Society Technology and society or technology and culture refer to the recurring co-dependence, co-influence, co-production of technology and society upon the other (technology upon culture, and vice-versa) (Webster’s Dictionary 5060). There are an extraordinary number of examples how science and technology has helped us that can be seen in society today. One great example is the mobile phone. Ever since the invention of