Business Resilience
- Title
- Business Resilience
- Creator
- Mohanty, Priyakrushna
- Description
- Business resilience has emerged as one of the key elements for ensuring the survival and success of the organization in the 21st century which has been marked by socio-economic crisis, notable disruptions, and tumultuous market shifts. The term Business resilience is defined as the capacity of an organization to navigate through adversity, adapt to changing conditions, and emerge stronger from setbacks. Financial, operational, organizational, digital, and supply chain resilience are among the measures that resilient organizations invest on. Companies that are financially strong put careful money management first and protect shareholders wealth. Organizational resilience promotes flexibility and ongoing learning, whereas operational resilience guarantees the continuation of vital business operations. While supply chain resilience concentrates on minimizing disruptions, digital resilience entails strong cybersecurity measures. Effective leadership is essential for managing uncertainty, and a flexible strategy for enhancing resilience guarantees continuous adjustment. In the end, corporate resilience is about overcoming hardship and integrating resilience as a strategic requirement for sustained success in a changing business climate. 2026 Elsevier Inc. All rights are reserved, including those for text and data mining, AI training, and similar technologies.
- Source
- International Encyclopedia of Business Management;pp.Vol1:447-Vol1:450
- Date
- 01-01-2025
- Publisher
- Elsevier
- Subject
- Business resilience; Digital resilience; Financial resilience; Operational resilience; Organizational resilience; Supply chain resilience; VUCA
- Coverage
- Mohanty P., Department of Business & Management, Christ University, Bengaluru, India
- Rights
- Restricted Access; Hardcopy may be available in the library
- Relation
- ISBN: 978-044313701-3; 978-044313702-0;
- Format
- online
- Language
- English
- Type
- Book chapter
Collection
Citation
Mohanty, Priyakrushna, “Business Resilience,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 18, 2026, https://archives.christuniversity.in/items/show/24182.