Resilience is a term from systems theory and refers to the capacity of a system to absorb disturbance and still retain its basic function and structure. You can think of a system, whether it is a company, a government, an operational unit, or a society, as a having the ability to absorb internal and external stresses and still rebound to its original form, or continue to develop and survive.
During 2008 it has become abundantly clear to everyone dealing with finance, business and government that many organizations lack the capacity to rebound, or even survive. We consider that there will be many more corporate causalities and that will include many organizations that have failed to apply the techniques of assessing and enhancing their resilience.
The focus of Idarat is on providing products, advice and services which enhance resilience. For any organization nothing is more important.