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How to Prepare Your Business for the Next Big Crisis | Entrepreneur

by Brand Post
January 30, 2025
in Business
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How to Prepare Your Business for the Next Big Crisis | Entrepreneur
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Opinions expressed by Entrepreneur contributors are their own.

Disruption has become a key characteristic of contemporary business. Technological advancements continue to advance rapidly and often surpass organizational preparedness. New market entrants can emerge virtually overnight, and customer expectations continue to evolve so rapidly that even experienced executives may be caught off guard.

In 2023, the United States experienced a substantial surge in supply chain cyberattacks, more than doubling — an increase of 115% compared to the previous year.

Meanwhile, global supply chain breaches rose by 26%, exposing vulnerabilities in even the most interconnected networks. These challenges aren’t isolated incidents. Cybercrime and sabotage increased to 29% last year alone, which cost German companies approximately €267 billion ($298 billion).

From my vantage point as a CEO in the tech sector, organizations adept at navigating these choppy waters build resilience from within. Rather than patching holes, they treat every challenge as an opportunity to strengthen their core capabilities. In my experience, these five approaches have consistently shaped stronger, future-ready leadership.

Related: How to Handle Rejection Like a Successful Entrepreneur — Here’s What You Need to Try Differently

1. Adapt to the modern tech ecosystem

Many companies discover too late that failing to keep pace with technological shifts stifles progress just as decisively as a downturn in the economy. A proactive, cloud-first strategy provides the agility necessary to accommodate changing customer expectations, fluctuating workloads, and the realities of a remote or distributed workforce.

However, relying on the cloud means little if network performance is subpar or erratic. Periodic outages or inconsistent network performance frequently undermine high-potential businesses, eroding employee productivity and customer trust. Leaders must audit their internet performance, identify any single points of failure, and explore ways to dynamically optimize connectivity, especially for mission-critical services that can’t afford downtime.

Regular technology audits round out this approach by ensuring the tech stack remains lean and cohesive. Teams easily accumulate redundant or outdated tools over time, whether from legacy systems left on “just in case” or pet projects that never reached full maturity. Simplifying technology ecosystems also lowers the barrier to adopting new innovations.

2. Build a culture of collective responsibility for digital safety

As businesses grow, they inevitably widen their digital footprint. This pushes more data into the cloud, expanding remote access for employees and deepening integrations with third-party vendors. Each new connection represents a potential vulnerability. Unfortunately, cyber threats don’t pause to accommodate a business’s growing pains. Instead, they often exploit them.

One of the most powerful steps in strengthening defenses is building a cybersecurity-conscious culture. My years in the field have taught me that organizations that treat security as a collective responsibility fare better than those that rely solely on specialized teams or complex software. Simple measures like regular training on phishing, social engineering, and proper handling of sensitive information can save an organization from the most common intrusion attempts.

Real-time monitoring solutions utilizing artificial intelligence to scrutinize suspicious traffic patterns or anomalies have also emerged swiftly as a crucial component of contemporary cybersecurity. Timely detection of a threat allows an organization to address potential damage and reduce interruptions to its routine functions. From a leadership standpoint, it is crucial to guarantee that security incidents, upon discovery, are escalated without delay.

3. Innovate, adapt, rebuild

No matter how powerful an organization’s technology is or how robust its cybersecurity posture is, it can still be derailed by an inability to adapt. Agility begins with relentlessly focusing on the customer. Markets might pivot for any number of reasons, and customers will adjust their expectations accordingly.

Beyond monitoring changing customer demands, building redundancy into critical operations is a practical way to safeguard against unforeseen disruptions. This might mean maintaining relationships with multiple suppliers to cushion the impact of shortages or diversifying cloud platforms so an outage in one region doesn’t incapacitate the entire business.

Internal culture also profoundly shapes an organization’s agility and resilience. When leaders champion a culture of innovation and experimentation, they empower teams to test new ideas, iterate quickly, and adapt to shifts without cumbersome approval processes.

4. Stay focused while scaling

The larger an organization becomes, the more complex it becomes. Standardizing core processes in the early stages of expansion sets the tone for sustained excellence. Whether handling customer support queries or rolling out product updates, well-documented workflows reduce ambiguity and foster consistency.

When you scale or start to hire more executives or team managers, prioritize individuals who perform well in dynamic settings and possess the ability to inspire teams through both upswing and difficult times. These are the leaders who will maintain a firm grip on the steering wheel to ensure that momentum doesn’t devolve into chaos.

Related: How I Learned to Scale Without Adding More Hours

5. Expand without overextending

Expansion and resilience don’t have to be mutually exclusive. In fact, a strong growth strategy incorporates mechanisms that help the business quickly detect risks, realign resources, and maintain operational continuity. Setting clear, measurable milestones keeps everyone on track and prevents the temptation to overextend in pursuit of vague or overly ambitious goals.

Data analytics is playing an increasingly central role in achieving this balance. Tracking metrics like customer churn, Net Promoter Score (NPS), and network uptime can offer real-time insights into emerging stress points. For instance, if churn ticks upward, it may signal dissatisfaction with a recent product update. If operational uptime dips, the team can investigate whether infrastructure needs an upgrade before a minor glitch morphs into a major outage.

In recent years, the majority of large enterprises have accelerated their use of analytics to quickly pinpoint issues and make data-driven decisions. This means companies are starting to leverage real-time insights to further support their expansion.

Disruption is not a temporary phase but a hallmark of modern business. When leaders combine foresight, flexibility, and data-driven insights, their organizations can stay a step ahead, no matter how unpredictable the business landscape becomes.



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Tags: BigBrandingBusinessBusiness IdeasBusiness ModelsBusiness processCrisisentrepreneurGrowing a BusinessLeadershipPrepare

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