The current global situation, marked by significant trade tensions and retaliatory measures between major economic powers, has elevated the importance of more detailed, robust, and executable exit plans for businesses in nearly all industries. The current geopolitical headwinds create an unpredictable environment that can severely impact supply chains, technology partnerships, and overall business operations. What was once a prudent measure is now a critical necessity – a “burning platform” – for ensuring business continuity and resilience.

Here I will delve deeper into the essential components of an effective exit plan, outline the practical steps for its implementation, and explain the crucial role of testing in validating its readiness.