2. Competitive Advantage and Strategic Resilience Today organizations must not only offer competitive differentiations, but also superior strategic resilience.
3. re·sil·ience (r -z l y ns) n. 1. The ability to recover quickly from change, or misfortune; buoyancy. 2. The property of a material that enables it to resume its original shape or position after being bent, stretched, or compressed; elasticity. Resilience is an ability to adapt and respond to changing conditions to achieve unique opportunities. Many once great organizations have perished over the last 3 years. And more will follow.