Search
 
Best Practices

Resilience in the Face of Geopolitical Threats

6 steps treasury and finance teams can take in response to the Ukraine crisis to build a more effective business continuity plan.

By Bogdana Sardak | September 08, 2022 at 08:25 AM

For the past two years, it has felt like we’ve been living in a state of constant crisis. From the global pandemic and massive supply-chain disruptions to rising inflation and cost of living, to large-scale cyberattacks that have stopped businesses in their tracks, numerous unexpected events have threatened operations in organizations large and small, in every part of the world.

The importance of operational resilience was already clear at the start of this year. Then Russia created a new geopolitical crisis by invading Ukraine. That war has presented multifaceted challenges for global businesses. Depending on the organization, the conflict may threaten employees’ safety, create problems in the supply chain, or depress demand for the company’s products and services.

Since February, corporate treasury teams have been assessing the immediate and potential future effects that the Ukraine invasion may have on their organization. They should also have been taking swift action to mitigate those expected effects. Corporate adaptability and the flexibility to quickly make informed decisions are more vital today than ever before.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

 

Recommended Stories

Challenging the IRS … and Winning

Challenging the IRS … and Winning

Sean King |

Sometimes, it seems the IRS always prevails over the little guy. But this CIC Services case establishes a new direction for successful lawsuits against the agency.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2023 ALM Global, LLC. All Rights Reserved.