Despite business leaders saying that resilience and agility are higher on their agenda now than five years ago, many midsized enterprises in the UK and Ireland admit that they can only ‘just about cover it’ when having to respond to recent market shocks.

Midsized businesses have a unique set of challenges that are driven by their size, history and stage of development.

They are often squeezed between large global enterprises with their greater level of resourcing, and nimble start-ups with their flexible business models and digital superiority.

Despite these challenges, there are steps that midsized enterprises can take to boost their business resilience and increase their buffer against potential negative events.

We define business resilience as being in control of your company performance through flexible resource availability (financial resources/funding, people and assets), a good understanding of your business risk tolerances, and accurate business modelling to predict and react to what is likely to happen before it happens.

At MHR, we enable organisations to thrive in an ever-changing world, delivering the real-time data and insights that inform plans and decisions, and the flexible systems and support that aid swift adaptation to change. We partner with organisations to create a more adaptable today and a sustainable future, increasing resilience and enabling excellence.