publication . Article . 2017

Evaluating Organizational Antifragility Via Fuzzy Logic : the Case of an Iranian Company Producing Banknotes and Security Paper

Ahmadreza Ghasemi; Mitra Alizadeh;
Open Access English
  • Published: 01 Jan 2017 Journal: Operations Research and Decisions (issn: 2081-8858, eissn: 2391-6060, Copyright policy)
  • Publisher: Wrocław University of Science and Technology
Abstract
The concept of antifragility has received much attention from researchers in recent years. Contrary to fragile systems which fail when exposed to stressors, antifragile systems prosper and improve in response to unpredictability, volatility, randomness, chaos and disturbance. The implications of antifragility goes beyond resilience or robustness. A resilient system resists stress and remains the same; while an antifragile system improves. Taleb argues that antifragility is required for dealing with events that he called black swans or X-events, which are scarce, unpredictable, and extreme events. Such events come as a surprise and have major consequences. The co...
Subjects
free text keywords: Management. Industrial management, HD28-70, Economic growth, development, planning, HD72-88
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