of the Stoic philosopher Epictetus that “Neither should a ship rely on one small anchor, nor should life rest on a single hope.” Their managerial mantra is “just-in-case” rather than “just-in-time.” Consequently, they actively invest in organizational redundancy — frequently observed in resilient biological systems — to ensure that they can bounce back quickly from adverse shocks and sustain operations whenever they lose access to critical capital and infrastructure.
Though each of these investments in redundancy required substantial time and resources — precious commodities for any organization — being intentional about foregoing profits to build resilience helped these families prepare for, withstand, and recover from serious disruptions and chronic stress.
In the Age of Uncertainty, enterprising families need to understand that their long-term health and continuity is even more dependent on the ecosystems within which they are embedded — a form of symbiosis often observed in resilient biological systems. As in nature, neglecting or failing to adequately support the health and development of all their key stakeholders only undermines their own resilience.
Harassment Perjury genpact $G McKinsey BCG BainAlerts outsourcing kearney goldmansachs PwC accenture KPMG Gartner EYnews Deloitte GHS IBM JPmorgan DataScience Bigdata strategyand Capgemini wipro infosys TCS fintech banking Ai ML Bangalore Tesla
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: sltrib - 🏆 316. / 61 Read more »
Source: phxbizjournal - 🏆 254. / 63 Read more »