We are living through increasingly rapid, unpredictable, and unprecedented change. Yet, across industries, many companies have remained persistently focused on near- and medium-term earnings, assuming ongoing smooth business conditions.
What we are experiencing is a wake-up call. The next crisis is probably just around the corner and there is a need for a new approach.
To be able to thrive going forward, it’s necessary to develop resilience—by embracing the change and thus withstanding unpredictable challenges or pivoting to emerge stronger.
Going a layer deeper and learning more about what puts the changes we are experiencing into perspective and explaining why those matter I encourage you to listen to the McKinsey podcast.