Organizational Resilience defined as “the ability of entities to anticipate gradual and sudden changes, in order to prepare, respond, and adapt to it and ensure continuity and growth.” The importance of organizational resilience lies in providing entities with the necessary capabilities to deal with and respond quickly to all changing circumstances regardless of their source (which are not necessarily negative changes from emergencies and crises only) and to ensure that all organizational units and business model adapt to these variables.
Benefits of applying the organizational resilience system
- Enhancing the strategic capabilities of entities to respond and adapt to changes.
- Better management of organizational structures, personnel and financial management during and after changes.
- Manage risks effectively and be ready for the unexpected.
- Encouraging and promoting a culture of continuous improvement and innovation for all employees and at all organizational levels, which lead to dealing with changes and developments more effectively.