Figure 3
At the top, three boxes in a horizontal sequence are labeled “Failure”, “Collective Sensemaking”, and “Managerial Cognition”. “Failure” leads to “Collective Sensemaking”, which then leads to “Managerial Cognition”. “Managerial Cognition” leads downward to a box labeled “Coping Strategies”. The boxes “Collective Sensemaking”, “Managerial Cognition”, and “Coping Strategies” are enclosed in a dashed rectangle labeled “Managerial Intervention.” At the bottom, three boxes in a horizontal sequence are labeled “Routines”, “Operational Capability”, and “Dynamic Capability”. “Routines” leads to “Operational Capability”. “Operational Capability” connects bidirectionally to “Dynamic Capability”. A leftward arrow from “Coping Strategies” leads to “Dynamic Capability”. Another arrow from “Operational Capability” leads to “Collective Sensemaking”. The boxes “Routines” and “Operational Capability” are enclosed in a dashed rectangle.The revised research framework. Source: Authors’ work