Financial resilience is the ability to murmurate like starlings. In this session, we explore what it means to be a financially resilient organisation, how it is something that we do as much as it is something that we are, how it is often about saying no rather than saying yes, doing less rather than doing more and how it is not the same as financial sustainability. We review practical tools which can help us navigate the financial uncertainties ahead. We look at the limitations of most financial reporting and the critical role of forecasting, reserves, scenarios and why we need to look beyond the risk register in order to survive and thrive.

We will look at:

• What financial resilience is and how it is different to financial sustainability
• The role of forecasting, reserves, scenarios and indicators in navigating uncertainty
• Examples of financial resilience in practice and useful tools
• Top tips and common elephant traps