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Abstract Resilience has become a cornerstone for risk management and disaster reduction. However, it has evolved extensively both etymologically and conceptually in time and across scientific disciplines. The concept has been (re)shaped by the evolution of research and practice efforts. Considered the opposite of vulnerability for a long time, resilience was first defined as the ability to resist, bounce back, cope with, and recover quickly from the impacts of hazards. To avoid the possible return to conditions of vulnerability and exposure to hazards, the notions of post-disaster development, transformation, and adaptation (build back better) and anticipation, innovation, and proactivity (bounce forward) were then integrated. Today, resilience is characterized by a multitude of components and several classifications. We present a selection of 25 components used to define resilience, and an interesting linkage emerges between these components and the dimensions of risk management (prevention, preparedness, response, and recovery), offering a perspective to strengthen resilience through the development of capacities. Despite its potential, resilience is subject to challenges regarding its operationalization, effectiveness, measurement, credibility, equity, and even its nature. Nevertheless, it offers applicability and opportunities for local communities as well as an interdisciplinary look at global challenges.