Almost every G20 business will need to be prepared for – and therefore resilient to – an ever-diversifying range of risks and concerns. By proactively building resilience now, companies are better positioning themselves for future growth.
Despite this investment, three-quarters of G20 business leaders still believe that their company struggles to adequately plan for an increasing number of scenarios.
Our data reveals a varying degree of confidence amongst companies in their ability to plan and prepare for future crisis scenarios. On one hand, 97% of G20 companies claim to be taking actions or investments over the next 12 months to prepare for future crises. The vast majority of companies (87%) also believe that their leaders are better prepared for future crises, and nearly half (46%) are updating their business continuity plans.