Business resilience refers to a company's ability to adapt and recover from unexpected challenges, such as economic downturns, natural disasters, or technological disruptions. It involves having strategies and resources in place to ensure continuity of operations, protect assets, and maintain customer trust during difficult times.
Key components of business resilience include risk management, effective communication, and a strong organizational culture. Companies often invest in contingency planning, employee training, and technology solutions to enhance their resilience. By fostering a proactive approach, businesses can minimize the impact of crises and emerge stronger in the long run.