This is my first post, so any feedback or thoughts would be most welcome!
Organisational or business resilience in Australia is continuously
maturing. If you were after a definition on organisational resilience you could
ask ten different people and get ten different answers. Personally, the one I
think captures it best is
the capability, capacity and will to succeed by anticipating risk and reorientating for survival and advantage in the face of adversity, both seen and
unseen, known and unknown.
Resilience is an outcome
and a fundamental requirement for success. It needs to be part of business as
usual but is also described as complimentary to business sustainability.
Success itself is unique
to each organisation and is defined by the CEO and Board, shareholders and key
stakeholders. Success should at all times be the focal point of organisational
resilience if it is to be an achievable outcome.
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