Business resilience – maybe a new concept for many entrepreneurs, but which has already been implemented by those that became aware of the added value that a team of professionals can bring to a business.
However, let’s not overlook the fact that, over 2500 years ago, Confucius said: ’’Our greatest glory is not in never falling, but in rising every time we fall”. So, Confucius had been prompting his fellow countrymen to be resilient ever since then.
Disturbances and disasters have always been a part of the business environment. Sometimes hazard, other times human error generated life turning points for a business. Maybe this fact has never been more popularized and acknowledged then it is in the current situation caused by the COVID-19 pandemic. Although, if we are referring only to one of the causes that can give rise to a shock in society, namely the outbreak of pandemics, the outbreak of pandemics has certainly not yet been forgotten as a result of the avian influenza, swine flu, it is right, on a smaller scale than the current situation. We wonder now, how come we have learned so little from those lessons which could have prepared us for future shocks?
How many entrepreneurs have included crisis management in their strategies? How many of them have understood the importance of including resilience in their business strategy? What about public authorities? How many of these have included resilience in their strategy?
Precisely in order to avoid this lesson of the COVID-19 pandemic to pass without being learned,, the Body of Expert and Licensed Accountants of Romania (CECCAR), as a professional organization of public utility that represents professional accountants – the expert and licensed accountants – considered useful, in the public interest, the launch of the Romanian Business Resilience Network open to all stakeholders who can contribute to helping the business community to be able to respond to shocks/disasters, to recover, to reinvent itself and to persevere in the reconstruction of the business and ultimately to prosper.
In the short term, the network aims to identify and promote solutions which could mitigate the impact of the COVID-19 pandemic on the business and economy in Romania. In the long term, the network aims to strengthening the resilience of the business environment to future shocks/disasters.