Strategy » Resilience & Navigating Uncertainty
How can companies build resilience to increase their capacity to absorb stress, recover critical functionality, and thrive in altered circumstances?
The coronavirus crisis has brought renewed attention to the value of resilience. Our research shows that resilience has an outsized impact on long-run performance, and companies can take concrete steps to realize it.
In a this HBR.org article, we suggest six ways leaders can revisit their business models to build greater systemic resilience.
Jim Loree, President & CEO of Stanley Black & Decker, Inc. discusses the application of technology and the “art of the possible” in crisis management from his experience in leading through the COVID-19 pandemic.
"The current emergency has given us an opportunity to further accelerate the digitalization of all our projects and the overall architecture of our businesses."
Sometimes the right approach to redesigning an enterprise is a simple, static one. But often it isn’t.
We need to avoid the waste and paralysis of planning for all possible unknowns. Fortunately, there are several strategies to avoid modeling everything.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |