If asked whether the recent months have been “turbulent”, the odds are high that you agree. After a global and ongoing COVID-19 pandemic, a major war has broken out, in which Russia has invaded Ukraine, as if in a large-scale remake of the invasion of Crimea about eight years ago. And if the risks of terrorism peaked in 2021, the jihadist ideology is still much in play in countries such as Iraq, Somalia and Afghanistan.
Minor turbulences are a fact of life, but major turbulences are clearly a different species. They are, obviously, highly disruptive, but also much more frequent than many believe. In consequence, companies would be well advised to anticipate the onset of turbulent periods as best they can, and to be agile enough to display strong resilience.
If a lot has been said about resilience – or the ability to adjust when
