Resilience for companies: Mastering crises and growing

Why resilience is becoming increasingly important for companies

The world is going through a phase of multiple crises that pose enormous challenges for companies. The ongoing war in Ukraine has not only exacerbated geopolitical tensions, but has also massively disrupted supply chains. In the USA, political uncertainties are shaping economic development and international relations. At the same time, companies are confronted with the economic consequences of inflation, rising energy prices and climate change. These uncertainties make it essential for companies to act proactively and prepare strategically for future crises. Resilience for companies can be the game changer.

Set resilience as a strategic priority

Studies, including the World Economic Forum's Global Risk Report, show that companies with high resilience in times of crisis react up to 30% faster to market changes and achieve 20% higher profitability on average. Resilience not only means resistance, but also the ability to adapt and innovate. To remain competitive in the long term, you should not just see resilience as an emergency measure, but integrate it into your long-term corporate strategy.

Use digitalization for early risk detection

According to the Fraunhofer IPT, companies should make targeted use of digital technologies to identify risks at an early stage and increase their adaptability. Rely on data-driven risk analyses, automation and real-time monitoring to identify potential disruptions more quickly and respond proactively. A close integration of research and development with your corporate strategy can help you to develop resilient business models.

CoPlanner ist der CoPitän, der ein Unternehmen durch stürmische Zeiten navigiert und helfen kann, krisenfest zu werden

Promote a resilient corporate culture

The article by NEUNsight emphasizes that resilience is not a purely operational concept, but must be seen as a strategic success factor. Companies that integrate resilient principles into their corporate culture are more successful in the long term. Promote agility, openness to change and a constructive error culture in order to learn from crises and continuously develop your company.

The role of controlling and corporate management

Make informed decisions based on data

Controllers, CFOs and CEOs play a key role in establishing resilience in companies. Use data-based decision-making to react quickly to changing conditions. Invest in modern analysis and planning tools to put your financial and business strategy on a solid footing

Make your controlling more agile

Classical budgeting approaches quickly reach their limits in uncertain times. Supplement your financial planning with rolling forecasts and simulation-based scenario planning to react more flexibly to changes.

Promote cross-departmental collaboration

Resilient companies rely on close networking between controlling, risk management, IT and operational units. Create structures that facilitate the exchange between these areas and enable joint solution strategies. No silos! Common and, above all, cross-departmental goals help to promote cooperation

Develop an adaptable corporate culture

A "growth mindset" promotes the willingness to continuously improve. Encourage your employees to contribute new ideas and actively participate in change processes. Perhaps there are small bonuses for new ideas or a day off for every successfully implemented idea. There are no limits to creativity. Encourage all employees to actively participate in the change process.

Checklist: How to increase your company's resilience

Ein Felsen, der standhaft inmitten eines Sturms oder rauer See steht, symbolisiert Stärke und Stabilität. Es zeigt, wie das Unternehmen trotz widriger Umstände nicht zerbricht und weiterhin stark bleibt.

1. Establish early crisis detection

Conduct regular risk analyses
Include external signals through market and competitor analyses
Use AI-supported forecasts and big data analyses

2. ensure financial stability

Build up liquidity reserves
Develop alternative financing strategies
Regularly check cost structures for flexibility

3. Agile planning and control

Integrating scenario-based planning into controlling
Use rolling forecasts instead of rigid budgets
Adjust investments strategically in times of crisis

4. making supply chains resilient

Enforce the diversification of suppliers
Examine nearshoring and onshoring strategies
Use digitalization for real-time control of the supply chain

5. Empower employees and managers

Provide training on crisis management and decision-making
Establish a culture of continuous learning and adaptation
Promote mental and organizational resilience

Conclusion: companies need a new way of thinking

Resilience cannot be created at the push of a button - it requires a strategic reorientation in corporate management, controlling and operational processes. Through a combination of data-based decision-making, agile planning models, resilient supply chains and a learning corporate culture, you can not only arm your company against crises, but also emerge stronger from them.

With CoPlanner the first steps towards resilience in your company

Would you like to make your company crisis-proof? A professional planning software such as CoPlanner can be a first step. With CoPlanner controlling software, you can strengthen your company's resilience in a targeted manner. How?

Flexible scenario analyses, forward-looking forecasts and data-based decision-making processes as well as integrated risk analyses allow you to maintain an overview at all times. Use digital support to make your company more resilient, agile and future-proof.

Find out more about controlling software

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Resilience for companies: Mastering crises with confidence and growing from them