Introduction
Multiple continuing uncertainties threatening business stability make it critical that companies turn their focus towards creating and applying strategies that are more resilient in the face of these. The financial crisis of 2007/8 and its residual effects, Brexit, Covid-19 and the Ukraine War are the most obvious recent major events creating economic and business disruption and these will resonate for years to come.
Yet there are other threats and uncertainties that must be considered – environment and climate change, increasing intensity of competition, shifts in government policy, changing consumer trends and rapid technological change all represent real risks to stability but also offer opportunities to those businesses who are well prepared with robust and nimble strategies.
Key features
Speaker
John McKenzie
Multiple continuing uncertainties threatening business stability make it critical that companies turn their focus towards creating and applying strategies that are more resilient in the face of these. The financial crisis of 2007/8 and its residual effects, Brexit, Covid-19 and the Ukraine War are the most obvious recent major events creating economic and business disruption and these will resonate for years to come.
Yet there are other threats and uncertainties that must be considered – environment and climate change, increasing intensity of competition, shifts in government policy, changing consumer trends and rapid technological change all represent real risks to stability but also offer opportunities to those businesses who are well prepared with robust and nimble strategies.
Key features
- What is business resilience?
- The principal threats and risks and their impacts that threaten business resilience
- Economic
- Global and domestic political factors
- Technological
- Competitive
- Environmental, health and social
- Conducting effective economic, SWOT, competitive and PEST analysis and acting upon them
- Understanding our competitive strategic positioning and building upon this to create resilience
- The importance of scenario planning and flexibility in our business planning.
Speaker
John McKenzie