Organizational Resilience for a New Normal: Balancing the Paradox of Global Interdependence

ABSTRACT

The two factors are interrelated with the former as the primary and the latter as the secondary concerning the vulnerability of global interdependence. Since the positive side of global interdependence is well-known, we focus on the ignored dark side as rooted not much in the magnitude of global interdependence, but primarily in its current form or pattern. [...]we call for a renewed debate over the diverse versions of capitalism, especially the balance between opposite features of multiple versions (Witt & Jackson, 2016;also see Redding, 2020;Zhou, 2020). [...]we also need to shift from overconcentration of global supply in one location (often rooted in tight coupling) to diversified sources, at both national and organizational levels. [...]Toyota proactively manages the risks to the entire system if any node in the supply network fails.