The word resilience is being used more frequently to describe companies, urban areas, and people. It is appearing in the news and social media, and being used by leaders and politicians. Organizations that are resilient tend to survive and continue to generate profit.
What is does it mean?
The Oxford English Dictionary defines resilience as "the capacity to recover quickly from difficulties; toughness." It also describes it as "the ability of a substance or object to spring back into shape; elasticity."
It's synonyms include: strength of character, strength, toughness, hardiness, adaptability, buoyancy, flexibility, ability to bounce back. It's antonyms are vulnerability and weakness.