Organizational Resilience can be described as the ability to anticipate, prepare, respond, and finally, adapt to business disruptions. Becoming resilient and harnessing the ability to bounce back from disruption events is crucial to ensure the achievement of business objectives and meet stakeholder expectations.
It is difficult to foresee all possible external events that may disrupt a business, but there are only a finite amount of dependencies within an organization that can be proactively monitored to ensure organizational resilience. Building resilience also rewards enterprises by ensuring faster recoveries providing a definite competitive edge in a VUCA world
Audio by: Animesh Deshpande - Management Consulting Analyst at Accenture Strategy and Consulting