Academic journal article Manager

Show Some Resilience

Academic journal article Manager

Show Some Resilience

Article excerpt

Just one third of CEOs believe their organization has the resilience to succeed.

A report released by The Economist Intelligence Unit (EIU) on behalf of BSI identifies a worrying gap in the capability of firms to maintain longterm growth.

The global study of business leaders reveals that just one third trust that their firms have fully embedded resilience practices, and less than half expect it to be the case in three years' time. This is despite 88 per cent believing that resilience is a priority for their organizations, and indispensable for long-term growth.

The study, "Organizational resilience: Building an enduring enterprise", finds that achieving the resilience to survive and prosper in the long-term is held back by a lack of skills and knowledge, insufficient leadership commitment and short-term financial considerations. …

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