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For example, Tesla's supply chain can be described as resilient because it reflects the transformation from internal combustion engines to electric engines, which is based on the ability of human actors to foresee long-term changes in the planet in the context of the climate crisis and to implement them in a business model. In contrast to ...
According to Froman (2010), having a more hopeful perspective about life leads one to being more optimistic about responding to opportunities. [34] Workers are more resilient to adversity and are able to bounce back more quickly. When organizations encourage positive attitudes in their employees, they grow and flourish. As a result, the ...
Psychological resilience, or mental resilience, is the ability to cope mentally and emotionally with a crisis, or to return to pre-crisis status quickly. [1]The term was popularized in the 1970s and 1980s by psychologist Emmy Werner as she conducted a forty-year-long study of a cohort of Hawaiian children who came from low socioeconomic status backgrounds.
Bank of America CEO Brian Moynihan is dialing back his expectation for a mild recession this year, mostly thanks to the resilience of the US consumer."People are working, and they are getting paid ...
Business continuity planning life cycle. Business continuity may be defined as "the capability of an organization to continue the delivery of products or services at pre-defined acceptable levels following a disruptive incident", [1] and business continuity planning [2] [3] (or business continuity and resiliency planning) is the process of creating systems of prevention and recovery to deal ...
Resilience and reliability are two different concepts. Resilience, as defined by the Random House Dictionary of the English Language, refers to the ability to return to the original state after being stretched, compressed, or bent. Moreover, resilience involves recovering from adversity, illness, depression, or other similar situations.
Hardiness is often considered an important factor in psychological resilience or an individual-level pathway leading to resilient outcomes. [13] A body of research suggests that hardiness has beneficial effects and buffers the detrimental effect of stress on health and performance. [14]
Social interaction has a strong effect on well-being as negative social outcomes are more strongly related to well-being than are positive social outcomes. [9] Childhood traumatic experiences diminish psychological well-being throughout adult life, and can damage psychological resilience in children, adolescents, and adults. [ 10 ]