Organizational resilience is an organization’s ability to anticipate, respond and adapt in case of crises and sudden disruptions. In a dynamic environment, organizational resilience is paramount to ensuring both long-term business continuity and future success. Its aim is to allow managers and leaders to make the most of their opportunities, while confidently taking well-thought, measured risks.
Using an integrated approach, organizations can ready themselves to react in a timely and effective way in case of crises. Many organizations have a weak understanding of what Organizational Resilience is and how it is structured, often leading to a lack of clear accountability. Therefore, their ability to react effectively in case of crises is very limited.
This course will simplify the domain and will outline the strong connection between Enterprise Risk Management and Organizational Resilience.