Monday, 7 May 2012

Resilience - what is it really?


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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