In times of volatility, the most successful leaders turn uncertainty into opportunity, activating a business resilience strategy that is forward-looking, resilient, and competitive. No matter their starting point, BCG can help.
Business resilience is the capacity to absorb stress, recover critical functionality, and thrive in altered circumstances, and it has become a key indicator of a company’s overall health. Resilient companies enjoy better outcomes than their peers in three ways: an external shock can have a lesser impact on their performance, the speed of their recovery can be faster, and the extent of their recovery can be greater.
Downturns and disruptions are inevitable. Whether companies lose momentum or—preferably—adapt and advance comes down to one thing: business resiliency.
No two resilience journeys are the same, with each path forward individually based on region and industry, so BCG’s business resilience consulting experts help leaders recognize their starting points and guide them each step of the way. Our business resilience framework—sense, adapt, thrive, and transform—equips leaders managing uncertainty with a head-on strategy and a more long-term approach for business resilience planning.
BCG’s sense, adapt, thrive, and transform approach is a dynamic strategy mindset that helps leaders chart their course for the future and build a more resilient enterprise, no matter their starting point. Our business resilience consulting teams help companies reinforce their positions and create functional advantage, even at times of disruption.
A major health care company faced challenges hitting its growth targets in an increasingly competitive market. BCG developed a resilience transformation plan to enable the company to re-invest in growth. We pursued end-to-end cost management and top-line business resilience tactics including streamlining the organizational structure, automating processes, and optimizing where and how to invest across product, marketing, and distribution, leading to a +40% increase in stock price by the completion of the transformation.
Leaders have never confronted such a complex mix of volatile conditions in so many areas all at once. BCG helps executives design business resilience strategies with objectives that are as ambitious as they are sensible.
Volatility and uncertainty have significantly stressed organizations and their people. This edition features the capabilities and components needed to build organizational resilience in the near-term and secure competitive advantage in the long run.
It may come as a surprise, but, as BCG's Kristy Ellmer explains, now could be a great time to undertake a major change program and build up operational resilience.
The business environment just keeps getting tougher, but transformation is still an imperative. A new survey confirms that five measures can make a big difference in results.
Companies may be tempted to deprioritize net-zero efforts as they focus on reinforcing the resilience of their business. That would be a mistake.
Today’s uncertain macroeconomic environment requires leaders to build advantage into every aspect of their business, from financial resilience in business to supply chain resilience to pricing to cost management. Read our latest insights on bolstering your core business in the face of uncertainty.
A chat with Sanjay Saxena, global leader of BCG’s health care payers, providers, systems, and services business, on the challenges facing US hospitals and health care systems.
Companies are struggling to grasp the real value of investing in the ability to absorb and recover from supply disruptions.
Companies can gain breathing room to operate under stressful conditions; withstand the scrutiny of shareholders, creditors, and regulators; and pursue market opportunities.
ZBT can do much more than inject cost discipline—it can help companies maintain their strategic momentum even amid difficult economic conditions.
Caution would be the first response of many companies facing turmoil—but thanks to business resilience frameworks and strategic planning, some organizations are well positioned to take bold actions in such times, laying a foundation for future success.
Attracting the right talent—and optimizing the skills of the current workforce—creates a “people advantage” that can help an organization navigate these uncertain times.
An economic value proposition can help governments attract talent and investment. To get started, focus on a few critical priorities—and build on your strengths.
Reframing brand spending as a vital long-term investment helps companies build the resilience they will need when a downturn hits.
Ultimately, it will be the companies that use new constraints to their advantage that will succeed by creating new abundance.
