Strategic resilience enables organizations to overcome setbacks from "summary" of The New Strategist by Gunter Muller-Stewens
Organizations face numerous challenges in today's rapidly changing business environment. Whether it's a sudden economic downturn, a shift in consumer preferences, or a disruptive new competitor, setbacks are inevitable. However, what sets successful organizations apart is their ability to bounce back from these setbacks and emerge even stronger than before. Strategic resilience is the key to overcoming setbacks. It refers to an organization's ability to adapt and respond effectively to unexpected challenges. Instead of being blindsided by adversity, resilient organizations are able to anticipate potential threats and proactively prepare for them. This proactive approach allows them to minimize the impact of setbacks and quickly recover from them. One ...
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