Russell Reynolds Associates: Preparing for Economic Uncertainty
It’s a universally acknowledged truth: The world will eventually experience another economic downturn. Equally as obvious: Companies that are well prepared for economic turbulence will fare the best when storm clouds gather on the horizon.
But knowing these truisms and doing something about them are two different matters. That’s why Russell Reynolds Associates surveyed 534 senior executives—including 79 executives currently or previously responsible for operations and supply chain functions—at companies around the globe and across industries. The survey uncovered what’s at stake in a future economic downturn and what CEOs and boards can do to prepare.