Abstract [eng] |
Cooperation between companies and other countries is becoming more important as the market and consumer demand increases. Imports and exports not only generate profits but also have an impact on the overall economy of a country. Globalisation offers new trade opportunities but also creates crisis situations that require organisational resilience. Corporate resilience is the ability to adapt to different challenges such as financial distress, competition, economic crisis, political instability or technological change. Despite the fact that many companies understand the importance of resilience, there is a need to further explore how they foster resilience to changing conditions. The subject of this Master's thesis is building corporate resilience. The aim of this thesis is to analyse, through a theoretical analysis of the concept of corporate resilience and the strategies for enhancing it, how they are applied in practice in the event of a crisis caused by a conflict in international relations. The data collection was based on academic literature, secondary data and semi-structured interviews. The analysis of the data was based on an analysis of the scientific literature, which revealed the strategies used to enhance the resilience of enterprises in the event of a crisis caused by an international conflict, and the content analysis of documents revealed the international development of relations between the Republic of Lithuania and the Republic of China. Secondary statistics and their analysis revealed changes in the operating conditions of enterprises during the crisis caused by the international conflict, using data from the Lithuanian Statistical Department. The qualitative research used semi-structured interviews to identify strategies and practices to enhance the resilience of enterprises during the conflict. The results of the empirical study show that in today's business environment, organisational resilience is becoming an essential feature of companies to adapt to uncertainty. Strategies to enhance resilience include rapid response, adaptation and mitigating actions. Lithuanian companies, which are affected by the reduction in exports with China, are building resilience by diversifying markets, exploring new sales channels and investing in innovation. They face logistical challenges and cultural differences, but flexibility allows them to overcome challenges and see them as opportunities to improve performance and build economic resilience. |