Embedding resilience.

Traditionally, to stave off disaster, institutions have put in place business-continuity plans to respond to a list of potential threats—hurricanes, server outages, cyber incursion, and so on. They have tended to include a dose of conservativism in a single-scenario planning approach. This approach is outdated. Firms should strive as much as possible to embed resilience …

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H2 2022 Macroeconomic Indicators

Macroeconomic indicators However, several macroeconomic indicators signal uncertainty in the global economy heading into the coming year: volatile energy prices, higher costs, and fracturing of trading patterns amid geopolitical tensions. Global inflation. Globally, inflation has been a major concern, which has led to aggressive central bank policies to raise interest rates. For instance, the US …

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Succeeding in uncertain times.

Business-model resilience. Resilient organizations maintain business models that can adapt to significant shifts in customer demand, the competitive landscape, technological changes, and the regulatory terrain. This involves maintaining an innovation portfolio and valuing entrepreneurship. Particularly during times of crisis, resilient organizations will place strategic bets to evolve their business models.

Succeeding in uncertain times.

Operational resilience. Resilient organizations maintain robust production capacity that can both flex to meet changes in demand as well as remain stable in the face of operational disruption, all without sacrificing quality. They also fortify both their supply chains and delivery mechanisms to maintain operational capacity and the provision of goods and services to customers, even …

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