Organizational Resilience has evolved as one of the core performance drivers in 2020. While conceptually an old idea, many companies still struggle a lot to prepare for, adapt to, and learn from changes in their environment. In most recent times, digitalization and AI/ML offer new opportunities to manage resilience strategically.

Making maximum use of these, however, requires a holistic management approach in addition to technological capability. Based on our latest research, we present in our talk a framework of three different levels of creating a resilient AND innovative organization – and illustrate it with different case studies from various organizations.

Innovation at Covestro is not limited to the R&D facilities. They want to unleash the full creative potential of their diverse global workforce, in every work area and across all levels of responsibility.

For that purpose, they have initiated several platforms and event formats that give all colleagues the opportunity to come up with innovative ideas, exchange their views on them, and work together on their realization. The presentation shared insights on the way Covestro is using digital and physical collaboration spaces to foster innovation within the company.