Success or survival - strategies of fashion and textile enterprises in the globalized economy

Success or survival - strategies of fashion and textile enterprises in the globalized economy

Rapid and unpredictable changes in the business condition and global market have challenged organizational success, every moment. Surviving in the future has, thus, been a major challenge. But what should be the right business model for long-term success? As obvious, there is no fixed model for business success in a rapidly changing world. Organizations succeed by following unique success stories with different capabilities, thus having different recipes for success. This project investigated Swedish textile and clothing firms amidst economic crises to explore and understand how successful firms developed resources, capabilities and strategies, thus developing organizational and supply chain resilience. The project consisted of 4 work phases:

In Phase 1: Business competency mapping and new model for organizational design was conducted with 42 Swedish textile and clothing companies. The results are published in:

-     Pal, R. and Torstensson, H., 2011, Aligning Critical Success Factors to Organizational Design - A study of Swedish textile and clothing firms, Business Process Management Journal, Vol. 17, No. 3, pp. 403-436

-     Pal, R., 2011, Identifying organizational distinctive competence by Business Mapping in a Global Textile Complex, Journal of Textile and Apparel, Technology and Management, Vol. 7, No. 2

 

In Phase 2: A transition profile analysis was conducted to understand company’s ‘business health’ and resilience over a period of 20 years for 20 textile and clothing firms in Sweden that covers to two major economic crisis.  The results are published in:

-          Pal, R., Torstensson, H. and Mattila, H., 2011, Organizational Resilience and Health of Business Systems, International Journal of Business Continuity and Risk Management, Vol. 2, No. 4, pp. 372-398

In WP 3: A resilience framework was established from both operations and business strategy perspectives, and was later empirically examined. The results are published in:

-          Pal, R., Torstensson, H. and Mattila, H., 2014, Antecedents of organizational resilience in economic crises – an empirical study of Swedish textile and clothing SMEs, International Journal of Production Economics, Vol. 147, Part B, Special Issue: Building Supply Chain System Capabilities in the Age of Global Complexity: Emerging Theories and Practices, pp. 410-428.

-          Pal, R., Andersson, R. & Torstensson, H., 2012, Organizational resilience through crisis strategic planning: A study of Swedish textile SMEs in financial crises of 2007-11, International Journal of Decision Sciences, Risk and Management, Vol. 4, No. 3/4, pp. 314-341

In Phase 4: A resilience process development evaluation was made and exemplified. The results are published in:

Pal, R., Westerlind, R. & Torstensson, H., 2013, Exploring the resilience development process by implementing the crisis strategic planning framework: A Swedish textile SME perspective, International Journal of Decision Sciences, Risk and Management, Vol. 5, No. 1, pp. 1-34