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Understanding Resilience

Resilience is defined as the ability of a living system to restore its systemic structure and functions after a disruption.
If we were to draw parallels between the natural ecosystem and the enterprise ecosystem, we would understand that the most important attribute in times of crisis is resilience. The COVID crisis has forced enterprises to run on all cylinders to absorb the shock of the crisis and find adequate solutions.

Diversity, which is the complementarity between organisms in a system and the duplication of functions played by different species, increases the ecosystem’s resilience capacity. In the same manner, a resilient enterprise is one that:

Diversifies its partners and income streams. The time is now for collective action towards systematic action. Surrounds itself with trustworthy partners. This involves streamlining the whole value chain to avoid unpleasant surprises.

Does not neglect the individual resilience of their internal stakeholders. Community resilience cannot be achieved without individual resilience. A resilient enterprise supports its stakeholders through a crisis. A study by CodinGame, that collected data from 2000 developers, showed that 29% of the developers believed that their work-life balance had been destabilised by teleworking. Teleworking was commonplace among developers even before the crisis but now special care is needed to ensure that a balance is struck as steps are taken to adapt the work environment to the prevailing circumstances.
Implements policies that promote diversity in the workplace. Takes into account the changing nature of the workplace. The organisation can only be resilient if the workplace itself is resilient.

In summary, we are at a critical juncture that requires us to be more innovative than we have ever been as we seek solutions to current challenges. A paradigm shift in society’s guiding principles is crucial as we enter a new era. This calls for us to use all that we have within us as we build a new model. Rob Hopkins encourages us to do this in his new book. Why don’t we take a chance and let our imagination run wild? This may lead to the creation of the future we want.

These are concepts close to our heart at Impact Valley; concepts we are committed to. We are convinced that agility in an organization is conducive to an innovative, empathetic and empowering environment harnessing the contributions of all team members. We have no doubt that collaboration is based on collective intelligence and resilience in the building of a better tomorrow.

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We would be pleased to exchange with you on your Sustainability Challenges. Where are you at? Where do you want to be? What could be your next steps? Let’s have a chat!

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