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.
Can Process Mining Help Businesses Become More Efficient?
To improve your business, you need to make faster, more informed...
What’s holding organizations back from using Artificial Intelligence?
Artificial Intelligence (A.I.) is gradually changing the future of human evolution...
Business Excellence Pills: Critical to Quality Tree
“Quality is more than a promise, it’s genuine performance” - Ron...
5S – Workplace management methodology
5S methodology is a useful tool to organize the workplace with...
How can digital enable the transition to a more sustainable world
It is well known that Digital Transformation has the potential to...
Pros and challenges of intelligent document processing
Document proliferation continues to be a great challenge that cannot be...
Business Excellence Pills: Pareto Chart
“Are you struggling in identifying where to focus your effort to...
How do you measure the way digital transformation can create value?
There is no secret that every company is dealing with digital...
Do we need imagination for business?
People may underestimate the power of imagination for business. Imagination is...
Business Excellence Pills: SIPOC
Want to learn more about Business Excellence? Let's start this column named...
Main barriers to achieve organization’s digital objectives
“What are the main barriers to achieve your organization’s digital objectives?” In...