This chapter explores the approach to evaluating and addressing electric grid resilience needs in the context of industry practices aimed at enhancing power system resilience. It discusses key risk drivers affecting power system resilience, including natural disasters, human-made attacks, and systemic issues related to aging infrastructure. The evolution of resilience definitions is examined, emphasizing a shift from focusing solely on high-impact, low-probability events to the necessity of preparing for more frequent disruptive occurrences. Key principles for resilience design—flexibility, robustness, diversity, redundancy, and affordability—are introduced, alongside methodologies for risk identification and evaluation. This chapter highlights case studies from utilities such as Florida Power & Light and Pacific Gas and Electric, illustrating best practices and ongoing initiatives to bolster resilience through innovative technologies and stakeholder collaboration. Finally, it addresses the challenges and opportunities facing the power industry in its pursuit of enhanced resilience, advocating for integrated planning processes that account for both idiosyncratic and systematic risks.