You are looking at 1 - 2 of 2 items

  • Author or Editor: Birgitte Grøgaard x
Clear All Modify Search
You do not have access to this content

Connie Van der Byl and Birgitte Grøgaard

The oil and gas industry is vital in the global economy. It is also a turbulent industry, characterized by market volatility and exogenous shocks. Yet, the oil and gas industry has largely been ignored in the management literature. In this chapter, we highlight some of the risks contributing to industry uncertainty and examine how firms adapt and develop resilience. Using the dynamic capabilities framework, we describe how successful firms develop capabilities for sensing, seizing and reconfiguring to mitigate the risks and capitalize on opportunities.