Manufacturing and automotive companies are accustomed to operating in rapidly evolving and challenging conditions. However, the COVID-19 pandemic exacerbated their operating environment further highlighting the need for these companies to pay increased attention to their enterprise risk management, business resiliency and continuity plans.
According to Merriam Webster dictionary, “Resiliency” is “the ability to recover from or adjust easily to adversity or change.”
Given ongoing industry trends, and the potential for more disruption in the years ahead, manufacturing and automotive companies should invest in building greater resilience.
- Marsh Risk Resilience Report - To learn the four key steps towards building a more resilient business, visit the Marsh Risk Resilience Report.
- Join your manufacturing and automotive peers as Marsh Advisory Consulting Solutions hosts a complimentary one-hour webcast – The Road to Business Resiliency on Thursday, June 17th, 2021 at 1 p.m. EST.
- Discover how companies say they are building resilience from our latest case study: Download
Watch New video: How manufacturing and automotive companies are becoming resilient in the face of constant disruption