What is Business Resilience

The video discusses the importance of resiliency in organizations, emphasizing the need to adapt to physical, brand, and financial risks. It highlights the increasing uncertainties in today's world, such as geopolitical tensions, extreme weather, and social unrest, which threaten businesses more than ever. The video also explores environmental and social risks, urging companies to incorporate sustainability into their strategies to better withstand these challenges.

What is the primary focus when incorporating sustainability into business resiliency?

• Asking different questions that include social and environmental aspects

• Expanding market reach

• Increasing profit margins

• Reducing employee turnover

Why is resiliency considered a hot topic in today's business environment?

• Because of increased geopolitical and environmental uncertainties

• Due to the rise of digital marketing

• Owing to the growth of the global economy

• As a result of technological advancements

Which of the following is NOT mentioned as a factor contributing to increased uncertainty?

• Social unrest

• Geopolitical issues

• Technological advancements

• Extreme weather

What is a common misconception about climate change in the context of business resiliency?

• It focuses on financial market fluctuations

• It is solely about global warming and temperature increase

• It is related to technological disruptions

• It involves changes in consumer behavior

Which social issue is highlighted as a risk for businesses in the transcript?

• Income inequality

• Technological unemployment

• Digital privacy concerns

• Cultural diversity