Long-term prosperity in business is rare and decreasing. In the U.S., for example, research has shown that companies currently remain in the S&P 500 index for an average of just 18 years, down from 61 years in 1958. And it’s a similar story elsewhere in today’s dynamic, interconnected world.
Every leadership team will agree that, to ensure lasting success, their organization must become ‘resilient.’ But what does this really mean in practice?