How to build resilience
The capacity for quick recovery is a quality for which successful businesses and entrepreneurs are renowned.
Resilience currently requires entrepreneurs to engage in two somewhat contradictory activities, all while the rules for survival and success are unclear and changing:
1. Bouncing back from challenges, like recession and broken supply chains
2. Finding new markets, innovating and tapping talent
Many businesses have been in fire-fighting mode and have barely been able to pause for breath over the past few months. Yet, they also need to use this emergency as an opportunity to create resilience in the long term.
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