By: Takis Avrantinis
What Organization Resilience is?
Organization Resilience is the capacities and capabilities of an organization, that enable it to recalibrate in response to varied conditions, such that can sustain and improve its performance. Resilience is its capacity to absorb stress, recover critical functionality, and thrive in altered circumstances.
One of the key factors in building well-prepared resilient organizations is to engage constantly in preparatory practices, such as vulnerability analyses, drills, scenario exploration, and network exercises. These activities create a culture of awareness, a sense that things may go wrong, but also a shared belief that all involved stand ready to cope with whatever threat they may face (Weick and Sutcliffe, 2002). Resilience can thus be viewed as a result of hard work and elite involvement.
Managing for Resilience, it requires a fundamental different mental/mindset model of business one that embrace complexity, uncertainty, interdependence, system-thinking and a multi-time perspective.
Benefits of being a Resilient Organization:
Organizations for developing their Resilience they should:
Steps that you might take for preparing in advance your organization for being resilient and facing crisis/adversity:
Resilience it is not a destination; it’s a way of being. Resilient organizations learn to expect the unexpected, rebound quickly when a crisis occurs, and take advantage of unforeseen opportunities. Can be an opportunity for competitive advantage for organizations that focus & train on it. A resilient organization is not simply the one that returns where it was before a crisis. Rather, is the one that has transformed, build attitudes, agility and structures to its DNA that enable to not just recover from where it was but to move forward quickly.
Takis has graduated from Harvard Business School – Executive Education – Program for Leadership Development (PLD) & Authentic Leadership Development (ALD), he holds a Postgraduate Diploma in Organizational Leadership from Oxford University – Saïd Business School and a master’s degree in marketing from Coventry University.
He is an Alumni Member of Harvard Business School and Oxford University, member of the Institute of Directors (IoD) based in London & EASE (Association of CEO’s) based in Athens, and Mentor & Volunteer in the Junior Achievement Association in Athens.
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