What is meant by 'organizational resilience'?

Organizational resilience refers to the capacity of an organization to withstand and recover from disruptive events, such as natural disasters, economic downturns, or significant operational disruptions. This concept emphasizes not just surviving the immediate impact of such challenges but also adapting and thriving in the aftermath. Organizations that exhibit high levels of resilience are able to quickly mobilize resources, engage their workforce, and deploy strategies that facilitate recovery while minimizing long-term damage.

Developing organizational resilience involves fostering a culture that embraces change, encouraging flexibility in operations, and investing in robust risk management strategies. This preparedness allows organizations to navigate uncertainties and continue delivering value to stakeholders, thereby enhancing their long-term sustainability.

The other options depict aspects that are either too limiting or not aligned with the broader concept of resilience. For instance, maintaining the status quo does not encompass the active adaptation required in the face of disruption. Focusing solely on financial issues neglects the diverse types of challenges that organizations face and does not capture the holistic nature of resilience. Lastly, avoiding strategic planning is counterproductive to resilience as effective planning is a key component in preparing for and responding to changes and challenges.