Following the discussion among public interest entities, several practical principles emerged that define resilient organizations across all sectors:
- In grey areas of decision-making, it is essential to rely on clear values that have been agreed in advance.
- In strengthening physical and data security, sabotage risk management, and internal controls, multi-scenario testing proves particularly effective.
- Organizations must maintain sufficient financial buffers for crisis situations and regularly review the conditions of their debt covenants.
- Compliance, risk management, internal controls, crisis management, and sustainability should not be viewed solely as unavoidable costs. Strong and creative teams in these areas can identify opportunities to develop new business segments, generate revenue, and achieve significant cost savings.
- Without an appropriate tone at the top and a values-driven organizational culture, genuine resilience to crises is virtually impossible.
