As we are learning the hard way, the new normal of climate change and a volatile, hyper-connected global economy mean that sudden natural disasters and unforeseen supply chain disruptions are here to stay—and pursuing business as usual is no longer a viable option. But how can businesses adjust? Joseph Fiksel argues that the key is resilience—an organization’s capacity to survive, adapt, and flourish in the face of change.
In his new book, Resilient by Design: Creating Businesses That Adapt and Flourish in a Changing World (publication date: October 22, 2015), Fiksel outlines a new paradigm that helps managers design for resilience. Check out chapter two below.