ICYMI: During McKinsey's Thrive Resilience Summit earlier this year, Norges Bank Investment Management (NBIM) CEO Nicolai Tangen and McKinsey Senior Partner Frithjof Lund examined the importance of organizational resilience as a board-level responsibility.
In their discussion, they pointed out how boards should move beyond addressing short-term challenges to focus on identifying opportunities for resilient growth. Tangen emphasized that organizational resilience should enable companies to weather shocks and emerge from difficulties even stronger. He noted that resilient organizations typically exhibit agility, a flexible cost structure, and quick decision-making abilities.
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