How stable is your business? Do you have a good handle on the major drivers which impact the future of your business operations? As the CEO of your business, you must assess the elements of stability: constancy, robustness, and resilience. Constancy refers to the focus on long term improvement of business operations. Do you engage in strategic planning or rely heavily on transactional analysis? Oftentimes, businesses refuse to address the need for planning to avoid having to take corrective actions. How robust is your business? Do you really have satisfied customers, or do you take your customers for granted? Many businesses realized how instable their operations were during the pandemic and have taken steps to implement risk management practices to avoid further disruptions. The last component is resiliency – the ability to recover from challenges- both internal and external. Companies have faced risks from the challenges of coronavirus on their business operation and those in the heavily hit areas such as hospitality, transportation and education are still facing tremendous challenges to survive. When you look ahead to 2022- are you satisfied with the stability outlook of your company? Take steps now do the work to assess and improve your business strength and stability.