Sergey Dmitriev, CEO of international management consulting company Unusual Concepts, shares insights into the most effective strategies to build a resilient business in an article for Forbes.
One element Dmitriev discusses is the decentralization of decision-making. This strategy can help avoid bottlenecking while also empower frontline employees to take on a more active role, allowing for faster responses.
Dmitriev goes on to discuss other elements that contribute to resilience, such as flexible structures, hiring diverse people and with diverse skills, continuous feedback loops, and how starting small when implementing changes often results in greater success.
In the end, Dmitriev stresses, leadership is responsible from driving the push towards resilience in organizations.
Read on to learn more.
