Business Resilience Decoded: 7 Expert Strategies That Actually Work

Abstract

While 89% of organization say that business resilience is a top priority, 70% are missing the foundation required for recovery from disruptions, according to a 2023 PwC Global Crisis and Resilience Survey. And this becomes more serious to see that after a major disaster only 25% of businesses will be never reopen because of the disaster.There is a big difference between business resilience planning as a survival plan and instead, a process to build a resilient organization that can adapt and thrive no matter what challenge proves to be. Resilience practices are made up of many interrelated pieces of people, processes, technology and infrastructure, as shown by our research. Resilient businesses don’t only save on assets but also allow themselves to lead as the top bunches in their business sectors.Here, we dive into the various ways in which you can successfully build your organization's resilience. About half of IT budgets are now used to secure the infrastructure and your business, and this will help you to make smart investments to protect your business and grow. We’ll go over all you need to know about building an organization that is resilient to move into the 2025 and beyond, whether looking to deploy cloud based solutions or shifting organizational culture.