The global pandemic taught most companies a valuable lesson in business resilience, or the ability to adapt quickly to disruptions while also maintaining continuity of business operations and safeguarding people, assets and overall brand equity. Also known as continuity planning, business resilience ensures that individuals are prepared and educated on how to respond accordingly during chaotic situations.
As evidenced across numerous industries and individual organizations, business resilience was not a core focus for many during the more than 10-year-long run of economic prosperity leading up to 2020. Now, companies are figuring out how to manage the impacts of a lingering, worldwide pandemic while also mapping out their business resilience plans for the future.
