Vol. 1 No. 1 (2022)
Navigating Post-Pandemic Business Challenges: A Survey of Strategic Resilience and Governance in Ghana, 2020–2026
Abstract
The post-pandemic era has presented unprecedented challenges for businesses globally, with a pressing need to understand the strategic and governance adaptations in emerging economies. The specific mechanisms of resilience and the role of corporate governance in this context within Sub-Saharan Africa remain underexplored. This study aims to investigate the strategic resilience measures adopted by firms and to analyse the evolving role of corporate governance in navigating sustained business challenges in a post-pandemic economic landscape. A longitudinal survey design was employed, collecting quantitative and qualitative data from a stratified random sample of 412 senior executives and board members of registered companies. The survey instrument measured strategic orientations, governance practices, and perceived resilience outcomes. A significant majority (78%) of firms reported a permanent shift towards hybrid operational models as a core resilience strategy. Furthermore, the data revealed a strong positive association between board-level risk committee oversight and the implementation of diversified supply chain strategies. Strategic resilience in the studied context is fundamentally linked to adaptive operational models and enhanced governance structures focused on strategic risk oversight, moving beyond mere financial stabilisation. Boards should institutionalise strategic resilience as a standing governance priority. Policymakers are advised to develop frameworks that support digital infrastructure and supply chain diversification for small and medium-sized enterprises. strategic resilience, corporate governance, post-pandemic recovery, business strategy, emerging markets, risk management This paper provides the first longitudinal, multi-sector dataset linking specific governance mechanisms to strategic resilience outcomes in the region, offering a evidence-based model for post-crisis adaptation.
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