What is resilience?
Resilience is the capacity of individuals, teams and organizations to deliver predictably strong and stable performance in the face of adversity. Resilient organizations are able to anticipate external shocks and avoid them or absorb them better than their rivals.
Why measure resilience?
The new normal is a period of human history when natural disasters tied to climate change and political uncertainties related to economic and financial distress are all too common. It requires firms to increase their resilience. Assessing the resilience level of any firm is a way to understand if some actions should be implemented in the overall strategy of the firm or if the situation is good enough to continue with the current strategy.
The research project
To identify the variables that influence the organizational and strategic capacity for resilience, SDA Bocconi School of Management has developed a project aimed at improving the understanding of why some firms are better than others in dealing with market turbulence by (a) properly defining the concept, (b) developing a measure for organizational resilience, (c) identifying market-related (i.e. strategic positioning) and company-related (i.e. resources and capabilities) resilience drivers, and (d) discussing ways how firms can appropriate value from higher resilience levels.
The research team
How does this application work?
The application allows you to measure the resilience level of your firm in a scale 0-10 (0 is the lowest level, 10 is the highest level). The process is simple and based on a few steps:
- Insert the ROE of your firm of the last years
- Insert your email address
- You will receive an email with a link to your personal report
You will discover resilience level of your firm and you will also have the possibility to compare it with some of the best-performing competitors in your industry.