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April 06, 2023 | Tom Ballard

SAS develops free online tool to assess a company’s resilience

The new Resiliency Assessment Tool was developed based on findings from a survey of 2,414 senior executives at companies around the globe with more than 100 employees.

How do you view the resilience of your business?

SAS, a global leader in helping customers around the world to transform data into intelligence, surveyed 2,414 senior executives at companies around the globe with more than 100 employees. Among the respondents, 70 percent are optimistic about the future of their country’s economy, and 80 percent are currently investing in resiliency planning and strategy.

However, the SAS research indicates what the Cary, NC-based firm characterizes as “a resiliency gap” between the importance executives place on resiliency and how resilient their organizations actually are. According to the survey data:

  • Nearly all (97 percent) executives believe resiliency is very or somewhat important, yet less than half (47 percent) perceive their company as resilient; and
  • Roughly half (46 percent) admit they are not fully equipped to face disruption and struggle in addressing challenges such as data security (48 percent), productivity (47 percent), and driving technology innovation (46 percent).

Based on these findings, SAS has developed a new Resiliency Assessment Tool. It’s a free, online way for business leaders to appraise their own company’s resiliency quotient based on the five core “resiliency rules” explored in the study. They are (1) speed and agility; (2) innovation; (3) equity and responsibility; (4) data culture and literacy; and (5) curiosity.

Click here to read the SAS news release.

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