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Personal cabinetMethodology for stress testing business systems: a system of resilience indicators and the practice of crisis-driven production repurposing
Bibliographic description of the article for the citation:
Levchenko Serhii. Methodology for stress testing business systems: a system of resilience indicators and the practice of crisis-driven production repurposing//Science online: International Scientific e-zine - 2024. - №9. - https://nauka-online.com/en/publications/economy/2024/9/04-44/
Annotation: This study proposes a methodology for stress testing business systems based on quantitative resilience indicators. The methodology includes the assessment of capacity reserve, reserve monetization, bottleneck depth, time reserve, employee cross-functionality, and revenue diversification. The procedure covers the diagnostics of the initial enterprise condition, the modeling of stress scenarios, the calculation of residual revenue, and the identification of critical modules. The methodology is validated using simulated data based on crisis-driven production repurposing during the COVID-19 pandemic. The results show that the use of reserve capacity for protective mask production made it possible to preserve a substantial share of pre-crisis revenue and improve the integrated resilience assessment. The study concludes that stress testing can be used for preliminary diagnostics, anti-crisis decision-making, and evaluation of enterprise operational resilience.