The Impact of Blockchain-Enabled Dynamic Alignment and Integration to Enhance Organizational Resilience: The Mediating Role of Green Innovation
Year: 2024
Type: conference-paper
Study design: Observational Study
Abstract: In an era of heightened environmental volatility and sustainability challenges, blockchain-enabled dynamic capabilities and green innovation are emerging as key drivers of resilience for organization. While its effectiveness in supply chain management is well acknowledged, empirical studies examining the effects of blockchain-enabled dynamic capabilities on organizational resilience have been underrepresented in the existing operation management literature. To address this gap, we draw on the dynamic capabilities view of firms to develop and test a model that examines how blockchain technology can optimize and integrate organizational capabilities, enabling companies to quickly adapt and innovate in response to changing market conditions. Blockchain-enabled Dynamic Capabilities—facilitated through alignment and integration—empower organizations to adapt and respond swiftly, driving green initiatives that enhance their ability to withstand disruptions and maintain stability in uncertain environments. We have developed a theoretical framework that explains how the blockchain enabled dynamic capability, under the mediating influence of green innovation, helps build organizational resilience for unprecedented crises. In this context, environmental dynamism intensifies the impact of green innovation on organizational resilience, highlighting the need for adaptable strategies integration that allow firms to thrive amid uncertainty and maintain a competitive edge. We tested our theoretical model using a survey of 152 individuals working in the manufacturing industry in Bangladesh. Our findings demonstrate that blockchain facilitates greater operational efficiency, fosters sustainability, and improves the overall adaptability of firms in volatile environments. Furthermore, this empirical study extends the dynamic capability view by demonstrating how blockchain aligns organizational processes to better navigate dynamic contexts. From a managerial perspective, the research underscores the potential for blockchain to enhance decision-making, streamline operations, and maintain a competitive advantage, offering valuable insights for firms operating in uncertain and rapidly changing markets.
Authors: Nusrat Jahan Nabila, Kazi Md Tanvir Anzum
Institution: Khulna University of Engineering and Technology
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W4409249796