As consumer prices and global energy costs edge ever higher, it’s become clear that this bout of inflation isn’t transitory. Economists and business leaders alike agree that supply-chain-driven hikes
will persist through the majority of this year at least, with stickier increases around labor possibly becoming permanent.Still, businesses can take action to bolster their financial health. We’ve assembled eight steps for leaders looking to not only weather this inflation surge, but set themselves up for success in the new normal of costs.