Harish, a middle manager, is confused about the difference between flexibility and resilience while working around an uncertain situation in the…

CA Intermediate · Financial Management and Strategic Management · MTP · January 2025
Harish, a middle manager, is confused about the difference between flexibility and resilience while working around an uncertain situation in the organization. Can you help find the right difference between the two?
(A) Flexibility is about adapting to new things quickly, while resilience is about holding on to the current position of the things for the short-term as the organisation is confident of its efficiencies.
(B) Flexibility is a subset of resilience, and to be flexible means to be resilient.
(C) Flexibility is the opposite of resilience, where, if the organisation is flexible, it changes and if it is resilient it doesn't change at all.
(D) Both are the same.

Suggested Answer and Working Notes:

Correct Answer: Option (A)

Flexibility is about adapting to new things quickly, while resilience is about holding on to the current position of the things for the short-term as the organisation is confident of its efficiencies.

Topics: Part B: Strategic Management

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