MANAGEMENT
Navigating economic uncertainty: Building resilience and managing risk
T
he cleaning industry, much like many others, faced its share of challenges during the pandemic. However, it proved to the world its importance in keeping everyone safe and its mettle by continuing to trade profitably even amidst the storm. To remain successful and thrive, businesses in the cleaning industry need to prioritise resilience. In this article, we will explore the importance of business resilience and share insights on how successful businesses navigate economic uncertainty and build resilience. 38 INCLEAN NEW ZEALAND November 2023
WHAT SETS BETTER PERFORMING BUSINESSES APART?
In uncertain times, the most successful businesses stand out due to their realistic approach and ability to adapt. They acknowledge the prevailing conditions, identify key drivers in their industry, and act swiftly and decisively. No matter the industry or financial strength, the key is to face the facts head-on and make informed decisions. Opportunities can arise amidst chaos, and prepared businesses are best positioned to seize them. That’s why it is important to…