How companies can build institutional and individual resilience

As you know, we are living through an era of profound uncertainty. In these times, I think the most important imperative is to build resilience. And when I say resilience, I mean both institutional resilience and individual resilience.

Institutional resilience means the ability to play both defense and offense. By defense, I mean many of the “no regret” moves, whether it’s cost optimization, restructuring, realigning your supply chains, or embedding data and technology into everything you do.

When I mean offense, I mean mergers and acquisitions, building new businesses, and entering new geographies and product lines. So, I think every leader has to think about both defense and offense to build institutional resilience.

Gardens by the Bay and Singapore skyline reflection on blue water at blue hour in Singapore - stock photo

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When I talk about individual resilience, I mean maintaining your energy—your mental, physical, spiritual, and emotional energy. Secondly, I mean really leading with a sense of purpose not just for yourself, but also to give your employees and people a sense of purpose because we are also facing a war for talent.

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