Vol. 22 (2024): Journal of Business Management
In the current times of rapid transformation and increasing complexity, success factors such as resilience and adaptability of individuals, organizations, and industries become increasingly important. The 22nd issue of the Journal of Business Management consists of four insightful papers that contribute to our understanding of organizational resilience in general, digital transformation in healthcare, corporate governance, and technological advancements in financial services. Each paper offers new perspectives on contemporary challenges and provides valuable frameworks for scientific thought and managerial action.
The issue’s structure is based on the methodological approach employed in the papers; namely, the first two papers rely on systematic literature reviews, while the other two papers are empirical studies.
The first paper ‘Measuring organisational resilience: Combining strategic and operational dimensions’ by Colberg addresses the lack of a unified understanding of the organisational resilience phenomenon. Using systematic literature review, the author analyses various approaches to quantifying organisational resilience. The paper synthesises existing methodologies and provides a new approach to measuring organisational resilience that distinguishes between strategic and operational resilience. Overall, the paper enhances our comprehension of resilience as a critical organizational capability.
Starke and Ludviga, in the second paper ‘Caring about Individual Motivation to Adopt and Learn? A Systematic Literature Review of Digital Transformation in Healthcare’, present a systematic literature review that addresses the pressing need for a deeper understanding of digital transformation in the healthcare sector. With a focus on individual actors and their motivation to acquire digital competences, the study introduces a novel theoretical framework that emphasizes sustained learning as a dynamic capability crucial for overcoming resistance to technological adoption.
In the third paper, ‘The Impact of Board Gender Diversity on Financial Performance at High-Performing and Low-Performing Firms’, Dzene and Sennikova highlight contradictory prior evidence regarding the presence of women on corporate boards and examine the relationship between gender diversity on boards and firm financial performance. Based on a sample of the top 500 Latvian firms, the study finds that gender diversity has a significantly stronger positive impact on high-performing firms. This study contributes to the ongoing debate on gender diversity and corporate success, going beyond financial indicators.
The final paper, ‘Use of Large Language Models in the Asset Management Industry – Evidence Review’, by Gimmelberg et al. explores the transformative potential of Large Language Models in the asset management industry. By mapping industry challenges to LLM applications the study introduces a novel tool for data analysis and highlights how these models can enhance regulatory compliance, risk management, and investment strategies.
All the papers were double-blind peer reviewed.
The Journal of Business Management is indexed in such recognized international scientific databases as COPERNICUS, EBSCO and ERIH+.
Inna Majoor-Kozlinska, PhD
Head of the Editorial Team
