Performance optimization of organizations considering economic resilience factors under uncertainty: A case study of a petrochemical plant
| Autor: | Seyed Farid Ghaderi, Shima Pashapour, Ali Azadeh, Abbas Keramati, Ali Bozorgi-Amiri |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Uncertain data
Renewable Energy Sustainability and the Environment Collateral 020209 energy Strategy and Management Supply chain 05 social sciences 02 engineering and technology Industrial and Manufacturing Engineering Petrochemical Risk analysis (engineering) Conceptual framework Preparedness Sustainability 050501 criminology 0202 electrical engineering electronic engineering information engineering Resilience factors Business 0505 law General Environmental Science |
| Zdroj: | Journal of Cleaner Production. 231:1526-1541 |
| ISSN: | 0959-6526 |
| DOI: | 10.1016/j.jclepro.2019.05.171 |
| Popis: | Organizations usually confront with disruptive incidents which have widespread negative effects on their performance. The ability of an organization to reduce the losses caused by these incidents is referred to economic resilience. Economic resilience is a concept that can improve the performance of an organization during crises. Petrochemical industry is a strategic industry. Any interruption in its operation can result in enormous cost and environmental hazards. Therefore, it is important to make it resilient against incidents to ensure sustainability objectives. In this research, the performance of a petrochemical plant is investigated in case of a crisis. At first, based on a comprehensive literature review, a conceptual framework for organizational economic resilience is developed. A structured questionnaire is provided and distributed among the staff of a petrochemical plant as a real case study. Then, due to the uncertain nature of incidents, three uncertain Data Envelopment Analysis (DEA) models are employed to identify the efficient units of the petrochemical plant. At the end, a sensitivity analysis is performed to examine the importance of each factor in building economic resilience in the plant. Results show that preparedness and planning, properties and resourcefulness, and collateral pathways and redundancy are the most important economic resilient factors for this specific petrochemical plant. This is the first study that presents an integrated qualitative-quantitative approach including a conceptual framework for economic resilience and a DEA model in uncertain conditions in the whole supply chain of a petrochemical plant. This proposed approach can be used for all types of industrial organizations to improve their performance during the crisis. The proposed approach can help managers to understand the situation of their organization with respect to the economic resilience factors, comprehensively. Furthermore, the results help managers to strengthen their potential economic resilience against the crisis for sustainability. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full Text from ScienceDirect