Indian Executives Demonstrate Stronger Resiliency Amidst Global Disruptions, Finds Report

A new survey report unveiled a remarkable contrast between Indian executives and their global peers in terms of their perception of resilience and readiness to confront challenges in the face of continuous disruptions and economic uncertainties over the past three years.

The survey, which canvassed 2,414 senior executives from 12 countries including India, Brazil, France, Germany, and the United States, highlighted that a significant 64 per cent of Indian executives view their companies as resilient. This figure surpasses the global average of 53 per cent, indicating that Indian businesses are relatively confident in their ability to weather disruptions.

While this optimism is notable, the report also identifies a "resiliency gap" that underscores the divide between the aspiration for resilience and the actual state of preparedness. This trend is consistent across the globe, as 53 per cent of global executives express dissatisfaction with their companies' current level of resilience. However, Indian executives stand out as 68 per cent of them believe they are equipped to face disruptions, contrasting with 54 per cent of their global counterparts.

Highlighting the challenges that companies face, the SAS report underscored concerns about economic headwinds and inflation, alongside obstacles related to data security, productivity enhancement, and technology innovation. These challenges have led to a growing emphasis on resiliency planning and strategy, with 80 per cent of global executives investing in this area.

One striking revelation is the strong confidence Indian executives have in their ability to bridge the resiliency gap. A substantial 97 per cent of Indian executives believe that, with proper guidance, resiliency can be achieved. Moreover, half of the Indian executives express faith in the country's economic strength, and a remarkable 68 per cent exude confidence in their business's resiliency—a higher percentage compared to the global average of 54 per cent.