Your Business Isn't Ready For the Next Crisis — Here's How to Fix That Fast
entrepreneur.com·22h
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Key Takeaways

  • Strategic resilience enables companies to thrive amid change by focusing on precision in diversification, smart flexibility in operations and dynamic decision-making.
  • Active and strategic diversification requires an in-depth understanding of customers and deliberately managing concentration risk to stabilize cash flow.
  • Building a flexible and adaptive infrastructure helps mitigate supply chain risks and equips the business for rapid adjustment to market changes.

Visualize the modern business as a Formula 1 racing car — a technical wonder, meticulously honed, ruthlessly efficient and capable of attaining astounding velocities on a pristine road. What if, however, the good weather on race day turns …

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