A Framework for Navigating Economic Volatility
A Framework for Navigating Economic Volatility
Strategic Resilience
The battling forces of rising inflation and interest rates have set a course for economic contraction. No economist can predict the depth or duration of a downturn with perfect precision. But past company performance shows that weathering economic uncertainty is predicated on business resilience: the capacity to withstand business shocks and pivot to new opportunities.
Resilience isn’t just for companies in dire financial straits or those vulnerable to weak macroeconomic conditions. Organizations with strong balance sheets, solid operations processes, use of innovation, deployment of appropriate talent and strong growth potential can leverage resilience as a strategy for competitive advantage. By leaning into resilience principles, companies in all stages of business health can find opportunity in economic adversity and accelerate growth coming out of it.
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