8028260871?profile=originalI have frequently talked about resilience as being one of the benefits of a great strategy and sound risk management. For example, here is a paper I wrote about selling resilience. When I mention resilience to a large organisation I start with this question:

“What makes a small business resilient?”

And the answer is “its agility”. The ability to move faster than the giant sloths with stellar balance sheets.

These days in the new world of industry disrupters, I have no problem giving my audience a relevant example. Then I set them the challenge. Attaining resilience is just a platform from which to launch a sustainable organisation. Your target must be agility.

Take the health sector for example. Whether a public hospital, an aged care provider or pharmaceutical company, agility is essential.

A public hospital must do more with less as new and often expensive technologies become available and public demand for them is created.

Aged and agility don’t often go hand-in-hand, however, the industry is growing fast with all kinds of stakeholder expectations and opportunities.8028260298?profile=original

While pharma companies must continue their quest for   a portfolio of products providing sustainable cash flow, new growth and the occasional star, they must be agile by pursuing new opportunities quickly and failing them just as fast.

The key to agility is having your support functions and your delivery functions working in unison. However, all the evidence is to the contrary (see Knowledge@Wharton stats to the right). Start by paring back complexity in your business.

www.bryanwhitefield.com.au

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Bryan is a management consultant operating since 2001, specialising in risk-based decision making and influencing decision makers, born from his more than twenty years of facilitating executive and board workshops.

Bryan’s experience as a risk practitioner includes the design and implementation of risk management programs for more than 150 organisations across the public, private and not-for-profit sectors.

Bryan is the author of Risky Business : How Successful Organisations Embrace Uncertainty; Persuasive Advising : How to Turn Red Tape into Blue Ribbon, and Team Think : Unlock the Power of the Collective Mind [to be published in 2022].

He is licenced by the RMIA as a Certified Chief Risk Officer (CCRO) and is the designer and facilitator of their flagship Enterprise Risk Course since 2019.

<a href="http://www.bryanwhitefield.com">www.bryanwhitefield.com</a>

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