Create a resilient future

Which of the following is not one of the key impacts of Covid-19?

Levelling between classes within society

Unveiling of vulnerability in business models

Economic contraction

Heightened realisation that we need to work in new ways to achieve growth

Which of the following statements best describes 'resilience' in a business context?

The speed it takes for a business to return to normal trading levels

The speed it takes for a business to bounce back

The capacity of a business to absorb shock but also to respond to opportunity during that time

The capacity of a business to absorb shock

Which of the following statements is not true of resilience?

It transcends economic cycles

It propels companies to grow faster than GDP growth when times are good

It helps businesses to achieve a steady, arithmetic rate of growth

It is relevant during good times and bad times

What is likely to follow a greater degree of connectivity in an organisation?

Greater friction within the business

Greater elasticity in the business' response

A 'bounce-back' effect

A return to normal levels of growth

What characterises a highly resilient business?

It maintains a steady level of trading

It has low friction

It bounces back quickly

It has low employee engagement

When getting the basics of business right, which of the following might it not be possible to improve during a pandemic?

Elimination of costs from corporate structures

Use of allocated sick leave

Deeper penetration in existing markets

Greater synergies through better procurement

Which of the following is not an example of 'performance trumps presence'?

A virtual 'presence' system to improve customer service and keep employees safe

Requiring that there be a certain number of staff in the office to ensure core operations are carried out

A patient-doctor-pharmacy platform to link care, reduce wait times, and reduce exposure risk

Executives taking no pay for some months to keep employees on payroll

Why might executives be scrapping the traditional budgeting process?

Because it is time-consuming

Because there are too many staff off sick to complete it with the right degree of accuracy

Because it is old-fashioned

Because it doesn't accurately measure quality and sustainability - the real drivers of value

Why is there a drive towards putting quality and sustainability first?

Because they are the real drivers of value in the long term

Because society is becoming less friendly towards businesses who ignore sustainability

Because there is a climate crisis

Because the G20 has demanded it

What should the driving ambition of business be at this point in time?

To return to normal

To keep employees happy

To go beyond the pre-coronavirus way of doing business

To bounce back

Create a resilient future

Which of the following is not one of the key impacts of Covid-19?

Which of the following statements best describes 'resilience' in a business context?

Which of the following statements is not true of resilience?

What is likely to follow a greater degree of connectivity in an organisation?

What characterises a highly resilient business?

When getting the basics of business right, which of the following might it not be possible to improve during a pandemic?

Which of the following is not an example of 'performance trumps presence'?

Why might executives be scrapping the traditional budgeting process?

Why is there a drive towards putting quality and sustainability first?

What should the driving ambition of business be at this point in time?

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