In highly volatile and uncertain times, organizations need to develop a resilience capacity which enables them to cope effectively with unexpected events, bounce back from crises, and even foster future success.
Organizational resilience is the ability to survive a crisis, and thrive in a world of uncertainty. It isn’t just about getting through crises. A truly resilient organization has two other important capabilities – the foresight and situation awareness to prevent potential crises emerging, and an ability to turn crises into a source of strategic opportunity.
An organizational resilience approach will encourage you to look beyond risk management towards a more holistic view of your business health and success. A resilient organization should not only survive over the long term, but should also flourish – passing the test of time.