PWC - Middle East Crisis and Resilience Survey, 2023

PwC's Middle East Crisis and Resilience Survey 2023 highlights the importance of resilience in today's rapidly changing business environment. The report reveals that business leaders face an unprecedented level of disruption and uncertainty, from geopolitical instability to climate crises, cyber threats, and faltering supply chains. Organisations are also facing heightened levels of internal complexity and challenges, all intensifying the frequency and scale of disruption. The report emphasizes that resilience is a core competitive advantage and a prerequisite for any successful business strategy. An integrated resilience program is essential, and if you aren't developing a strategy to move in that direction, you are falling behind. Thriving in crisis requires a senior leader, executive sponsorship, and upskilled teams. Leading organizations are adopting an operational resilience (OpRes) approach and leveraging technology to enable a panoramic view of their risk and resilience landscape. While business leaders express confidence in their ability to recover from a crisis, too many organizations lack the foundational elements of resilience needed to succeed. 91% of respondents noted that resilience is one of their most important strategic organizational priorities, yet many also report that their organizations have not taken the steps needed to implement an integrated enterprise resilience program or even identified the steps to move forward on that journey. The report concludes that resilience is not just about bouncing back from a crisis but also about bouncing forward to a better future.