Organizational Resilience Helps Navigate Unexpected Changes
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Resiliency Improves Outcomes During Tough Times
Because of rapid changes in recent years, resilience is becoming a prevalent topic of discussion among organizations and individuals.
In simple terms, organizational resilience is how well a company anticipates, plans for and responds to gradual change and unexpected disruptions in its business environment so that it can continue to do business and thrive.
A company adept at cultivating resilience in the face of change—whether it involves a shift to a remote or hybrid work environment or undertaking digital transformation—can quickly recover from setbacks and has an advantage over its competitors.
Resilient organizations are receptive to change rather than being rigid in their stance. They know the competition is fierce, and it doesn’t take much to be displaced. You can’t count on last year’s strategy to deliver effective results in tomorrow’s ecosystem.
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