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Building resilience might not be a good long-term solution for tackling a crisis. While becoming more resilient can help keep a business stable during a major crisis, this will only help businesses survive, but not give them the opportunity to become stronger.
This is where antifragility comes in. This is a model that can help businesses thrive in these difficult situations and improve over time. Also, procurement tasks are full of risks and antifragility can improve value addition to these tasks even during crises with the antifragility model.
To learn more about how to use an antifragility model for procurement functions, take a look at our free ebook Building Antifragility Into European Procurement Functions.
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Julie Brand
A part of Kronos Group’s team since 2018, Julie is a leader who has honed her specialisation in business transformation and utilised her expansive financial expertise to power business strategy and add value to what we do. She has amassed experience (Pfizer, Sony, AXA, SMEC, Tradelink) all over the world in strategy, project management, analysis, and supply chain.