Organizational Resilience

Description of Organizational Resilience. Explanation.

Definition Organizational Resilience. Description.

Organizational Resilience is the ability and capacity of a corporation to withstand potential significant economic / systemic risk or systematic discontinuities or business interruption, by adapting or recovering or resisting being affected and resuming its (core) operations to continue to provide an acceptable level of functioning and structure.

A resilient organization is able to adapt and align its strategy, operations, management systems, governance structure, supply chain, etc, quickly to significantly changing environments.

According to Gary Hamel, Strategic Resilience is not about responding to a onetime crisis or about rebounding from a setback. It is about continuously anticipating and adjusting to trends that can permanently alter the earning power of a core business, before the case for change has become desperately obvious.

Compare with: Crisis Management  |  Strategic Risk Management  |  Root Cause Analysis  |  Force Field Analysis  |  Brainstorming  |  Theory of Constraints  |  Scenario Planning  |  Game Theory  |  Real Options  |  Anti Hostile Takeover Mechanisms  |  First-mover Advantage  |  Blue Ocean Strategy  |  Competitive Environment  |  Competitive Position  |  Illusion of Control Bias  |  Loss Aversion Bias

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End of description Organizational Resilience. An explanation.