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Companies can structure their organizations and decision processes for resilience by embracing six principles of long-lasting systems: 1. Redundancybuffers systems against unexpected shocks, albeit at the expense of short-term efficiency. It can be created by duplicating elements (such as by having multiple … See more We can usefully define resilience as a company’s capacity to absorb stress, recover critical functionality, and thrive in altered … See more Traditional management approaches have several important limitations that make measuring and achieving resilience difficult: 1. Companies have been designed … See more Crises are opportunities for change. With Covid-19, companies have a unique opportunity and necessity to revisit their business models to build greater systemic resilience, starting … See more When confronted with unanticipated stress, a company that employs resilience principles has multiple advantages that play out sequentially: First is an anticipation benefit, representing the ability to recognize … See more Web1 day ago · To get a genuine response and go beyond small talk, ask these eight questions instead: 1. “How are you, really?”. You can easily transform conversations by adding one … how to in text cite asa