HIW Corporate Resiliency Report 2021 FINAL - Flipbook - Page 8
BUSINESS RESILIENCY
Our ESG Strategy is fundamental to our long-term success. As part of our mission to drive enterprise value and
build a resilient and an enduring business, we have created a Business Resiliency Framework that includes a
cross-functional Management System that is aligned with Highwoods Strategic Plan and business objectives.
The following principles are fundamental to our ESG and Resiliency Management System:
• Coherence
– Ability to make sound decisions that align with long-term interests
of our stakeholders.
– Ensure business drivers and priorities are specific, measurable,
achievable, relevant and time-bound.
• Adaptiveness
– Ability to reorganize and pivot quickly to change when change
is desirable and productive.
– Ensure changes are embraced by all stakeholders.
• Reliability
– Consistently delivering to expected quality.
– Consistently delivering commitments on time and on budget.
• Agility
– Ability to make and implement decisions promptly but with
discipline and thoughtfulness.
To address the full ecosystem of enterprise risk management, our Resilience
Management System is organized into the following guiding principles:
•
•
•
•
•
•
Strategy: The purpose and essence of Highwoods, our entry point
on the roadmap to resiliency.
Organizational Resiliency: Our culture, collaboration and the
resiliency of our coworkers.
Operational Resiliency: Sustaining our organization through
all business cycles.
Technology Resiliency: More than a productivity tool, technology is an
integral part of our business.
Legal, Risk and Compliance Resiliency: Positioning our
organization for success and re-imagining how risk management is
horizontally integrated across the enterprise.
Financial Resiliency: Achieving our business objectives through a
flexible and conservative balance sheet and risk mitigation.
STRATEGY
ENTER HERE
FINANCIAL
RESILIENCY
ORGANIZATIONAL
RESILIENCY
HIGHWOODS
BUSINESS
RESILIENCY
LEGAL, RISK
AND COMPLIANCE
RESILIENCY
OPERATIONAL
RESILIENCY
TECHNOLOGY
RESILIENCY
8