Utele, J. I.
Department of Management, Faculty of Management Sciences, Rivers State University,
Port Harcourt, Nigeria
E-Mail: joshua.i.utele@gmail.com
Zeb-Obipi, I
Department of Management, Faculty of Management Sciences, Rivers State University,
Port Harcourt, Nigeria
and
Tamunomiebi, M. D.
Department of Management, Faculty of Management Sciences, Rivers State University,
Port Harcourt, Nigeria
ABSTRACT
This research focus examined the relationship between exist-based contingency and resilience deposit money banks in the South-South of Nigeria with resilience measures including situation awareness, adaptability and vulnerability management. Data was acquired through the administration of the structured questionnaire, from primary sources comprising 46 management staff from 24 deposit money banks in the South-South of Nigeria. The research also adopted the cross-sectional survey as the design for the study while the test for instrument reliability was carried out using the Cronbach alpha reliability test tool (based on a threshold of 0.70). Three null hypotheses were tested using the Spearman’s rank order correlation coefficient at a 0.05 level of significance. The findings showed that exit-based contingency, significantly enhances outcomes of situation awareness, adaptability and vulnerability management within the context of deposit money banks in South-south Nigeria; hence all previously stated null hypotheses were rejected. In conclusion, it was stated that through the reinforcement of exit-based contingency, organizations could effectively advance their resilience features. It was recommended that the management of the deposit money banks in South-South Nigeria focus on the development of exit-based contingency through the reinforcement of the human resource, leveraging on related capacities to drive the resilience of the organization.
Keywords: Exit-based contingency, organizational resilience, adaptive capacity, situation awareness, vulnerability management.
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