Source page: McKinsey & Company

January 17, 2024

Organization | Strategy | Resilience

Business shocks requiring quick responses have become the new norm for leaders.

Davos—the World Economic Forum’s annual meeting—is in full swing through January 19. All this week, our daily charts will focus on some of the key themes of the event, including resilience, sustainability, reimagining globalization, generative AI, and inclusive, equitable growth. For more, see “McKinsey and the World Economic Forum 2024.”

Business shocks requiring quick responses have become the new norm for leaders. Yet building an organization’s resilience is often a challenge, note senior partner Dana Maor and colleagues. Top barriers for companies include limited funds, unclear priorities, and isolated initiatives. Leaders can look to strengthen their companies’ resilience by focusing on speed of response, empowering self-sufficient teams, and developing a culture of continuous learning.

To read the report, see “The State of Organizations 2023: Ten shifts transforming organizations,” April 26, 2023.

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