Understanding the New Normal in Business

The video discusses the 'new normal' in business, highlighting unchanged fundamentals like demography and technology. It explores opportunities for innovation and growth during crises, emphasizing the need for businesses to adapt processes to fast-changing environments. Leadership is crucial in creating narratives and understanding global interconnectedness, with a focus on collaborative problem-solving and operating at the intersection of business, government, and civil society.

What remains unchanged in the business world despite crises?

• The fundamentals of demography and technology

• The global economic stability

• The political landscape

• The environmental policies

Which regions are expected to see significant growth due to demographic trends?

• Western Europe and Japan

• China and India

• Africa and South America

• North America and Australia

What is a key factor for companies to thrive in the new environment?

• Reducing workforce

• Innovating and being resilient

• Increasing prices

• Focusing solely on local markets

What opportunity arises for strong companies during market recovery?

• Reducing production

• Gaining market share

• Decreasing investments

• Avoiding mergers

What drives the difference in company performance in the current environment?

• Their marketing strategies

• Their geographic footprint and adaptability

• Their employee count

• Their historical performance

How should companies adapt their processes in a fast-changing world?

• By ignoring market trends

• By sticking to annual plans

• By being more responsive

• By reducing innovation

What is a crucial role of leaders during challenging times?

• Avoiding communication with stakeholders

• Developing a positive and realistic narrative

• Focusing on short-term gains

• Creating a negative narrative

What is essential for leaders in a globally connected world?

• Isolating their company from global events

• Understanding and operating within the global context

• Focusing only on local markets

• Ignoring international trends

Which skill is vital for future leaders in large institutions?

• Focusing on individual achievements

• Collaborative problem-solving

• Solo decision-making

• Avoiding risks

What should leaders understand about their role in society?

• They should avoid government interactions

• They have a broader social contract

• They should only focus on profits

• They have no social responsibilities