Resilience - Management Strategies to Save Failing Businesses

Author: Hu Zhang
Publisher:
Publish Date: 2006-04-01
Features: Business always faces risks. Countless companies that have disappeared now provide us with a conclusion: In today's economic era, the existence of risk is a fact. Not all risks are anticipated, but resilient organizations, built collaboratively by senior management, the board, and all employees, can establish a more effective, continuous, and unified system to withstand risks from both internal and external sources. When a business faces failure, the entrepreneur's primary hope is to bring it back from the brink. What is the key to revival? It is the organization's resilience—the ability to reconstruct its spirit, build its platform, and strengthen team cohesion; it is the entrepreneur's relentless determination to start over from scratch. Looking at the trend, resilience is one of the essential capabilities that individuals and businesses must possess in the future. It is the strength that enables a person or a company to persevere through various situations, no matter how dire the circumstances. This book analyzes 40 classic cases, showcasing the extraordinary strength demonstrated by businesses, individuals, or nations during their most challenging and perilous moments. When a business faces failure, the entrepreneur's primary hope is to bring it back from the brink. What is the key to revival? It is the organization's resilience—the ability to reconstruct its spirit, build its platform, and strengthen team cohesion; it is the entrepreneur's relentless determination to start over from scratch. Looking at the trend, resilience is one of the essential capabilities that individuals and businesses must possess in the future. It is the strength that enables a person or a company to persevere through various situations, no matter how dire the circumstances.