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The benefits of Resilience

In today’s business world, transient high performance is commonplace; it is sustained performance by resilient companies that stands apart.

Resilience can be defined as a company’s capacity to absorb stress, recover critical functionality, and thrive in altered circumstances. When confronted with unanticipated stress, a company that employs resilience principles has multiple advantages that play out sequentially:

  • Anticipation benefit: the ability to recognize threats faster.
  • Impact benefit: the ability to better resist or withstand the initial shock.
  • Recovery speed benefit: the ability to rebound from the shock more quickly.
  • Outcomes benefit: increased fitness for the new post-shock environment.

Crises are opportunities for change. With the current pandemic disruption, companies have a unique chance and necessity to revisit their business models to build greater systemic resilience.

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