To build financial resilience, executives can focus on these four vectors:
1. Cash Focus: How to ensure in-depth visibility into near-term liquidity.
2. Financial Trade-Offs: Where to refocus on creating buffers instead of minimizing costs.
3. Agile Financial Steering: How to adapt planning to enable a quick response to unexpected changes
4. Flexible Capital Allocation and Transparent Investor Messaging: What to change in capital allocation and investor messaging to adapt to the current environment.
#BCGExecPerspectives #CEOsDilemma