11/21/2024

How to Navigate Uncertainty by Focusing on Resilience

Organizations must now build stability into their organizations directly

Business leaders already were concerned about uncertainty, and Donald Trump’s re-election has heightened unpredictability in key areas including industrial policy, tariffs, central banking, regulation, geopolitics and anything in which Elon Musk gets involved.

This sort of profound uncertainty and change are all-too familiar to businesses operating in frontier markets. In a book out later this month called The Enduring Enterprise, Devin DeCiantis and Ivan Lansberg, argue that family-operated businesses in such economies have a lot to teach us about leadership in our own

"Many of these companies have been around for multiple generations and survived all sorts of calamities, wars, political upheaval, and you name it," said Lansberg, often far from the stable regulatory environments and capital markets in which U.S. companies are accustomed.

Please select this link to read the complete article from Charter.