Identifying Risks and Opportunities

The video tutorial discusses how organizations can identify opportunities and risks in various future scenarios to develop a resiliency strategy. It covers three main scenarios: business as usual, financial crisis, and strict regulatory environment. Each scenario is analyzed for potential risks and opportunities, emphasizing the importance of sustainability as a tool for resilience. The tutorial concludes with guidance on applying these insights to enhance organizational resilience.

What is the primary goal when developing a resiliency strategy?

• To eliminate all risks

• To identify opportunities and risks

• To focus solely on financial growth

• To predict the future accurately

In a 'business as usual' scenario, what is a key characteristic?

• Rapid global growth

• Market pressures occur organically

• Political unity

• Environmental issues are prioritized

What could be a consequence of a financial crisis scenario?

• Increased political stability

• Higher oil prices due to Middle East conflict

• Decreased market competition

• Stronger EU economy

What might trigger a strict regulatory environment?

• A reduction in extreme weather events

• Increased awareness of climate change

• A decline in income inequality

• A decrease in global temperatures

How should companies view social and environmental challenges in a strict regulatory environment?

• As purely financial burdens

• As irrelevant to their operations

• As opportunities to be won

• As risks to be avoided