Companies must be able to respond to changes instead of reacting to them. Clients are executing faster, expanding their knowledge faster and communicating faster. So are your competitors. The extraordinary access, communication and execution mean the companies that are able to respond to changes better, or be more resilient, will grow faster and outlast their competitors. Resilience usually applies to two areas: operational and strategic. Usually when leaders think…

It’s not enough to prepare for the worst. Resilient companies also know how to reinvent themselves. Usually, when business leaders think about corporate resilience, they think about operational resilience (OR)—the ability to respond to emergencies. OR is critically important, but it doesn’t really give them a sustainable competitive advantage. To continue growing, companies also need the second component of corporate resilience: strategic resilience (SR). Whereas OR is situational, SR is…