Companies worldwide not very resilient

Global SAS Study

Fewer than half of executives worldwide believe their companies are prepared to withstand disruption and economic uncertainties. This is revealed by the global "Resiliency Rules Report" conducted by SAS, a provider of analytics and artificial intelligence (AI) solutions, among 2,400 managers of medium and large companies. The study shows a considerable discrepancy between desire and reality: Almost all respondents consider resilience to be relevant to business, but they still see a clear need for action when it comes to implementation.

The majority of respondents (70 percent) are optimistic about the economic future in their region, and a full 80 percent say they are currently investing in resilience planning and strategy. Ninety-seven percent of executives worldwide believe resilience is important, but only 47 percent already rate their company as resilient. German companies lag behind their global peers when it comes to their level of resilience. While 95 percent of executives see resilience as important, far fewer than half (40 percent) say their company has already achieved it. Only almost one in five of German decision-makers consider their organization to be highly resilient.