In light of the increase in disruptive events, such as the coronavirus pandemic in recent years, the ongoing and worsening energy crisis, it is crucial for companies to strengthen their resilience. Unlike traditional risk management, where companies prepare against known risks, resilience is about unknown risks. It is also important to be able to react flexibly to such events.
In order to position your company well, the first step is a detailed analysis of systemic weaknesses. It is precisely in this area that the company is particularly vulnerable and at risk. It is therefore crucial to take preventive measures to eliminate these weaknesses. In contrast to pure risk management, you not only prepare your company for known risks, but also improve its ability to deal with unknown and unforeseeable events. Based on the internal analysis results, you should define concrete measures that provide for adjustments to the product and service portfolio as well as in value creation and production. Resilience thus becomes a strategic design task that enables your company to get through crises better and use them as an impetus for economic success.