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Six CEO priorities for 2023

The McKinsey Podcast

CHAPTER

The Importance of Resilience in Leadership

The first priority even vote here is resilience. It's really an essential skill because during the period of 2020 to 2021, resilience companies generated shareholder returns that were 50% higher than those of less resilient peers. So what did they do? Well, they prepare really well. They really think about the flexibility that they want to bring to their supply chain. For example, with multiple suppliers, we all know that supplier dependency in particular in some countries has been a real issue. Companies have adapted to that and put systems in place to detect potential disruptions. And at the end of the day, top talent is the best response to volatility.

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