ENHANCEMENT OF THE ORGANIZATIONAL RESILIENCE IN TERMS OF REDUNDANCY FACTORS

Abstract

Enhancing organizational resilience through redundancy factors involves implementing strategies and measures to ensure that a business or institution can continue to function effectively in the face of disruptions or crises. Redundancy factors help organizations minimize the impact of unexpected events, such as natural disasters, economic downturns, or cyberattacks. In this paper, the external redundancy factors are analyzed and ranked according to the criteria of potential improvement so the company can enhance overall organizational resilience. It is shown that the analyzed company should improve interconnectedness and interdependence with different stakeholders in their environment, especially relationship with customers. In practice, enhancing organizational resilience through redundancy factors is an ongoing process that requires a proactive and holistic approach to risk management. By implementing measures for the improvement of different factors and continuously refining them, organizations can better prepare for and respond to various disruptions and crises.