Rethinking the concept of resilience in business in the post-COVID world

Arab News | Oct 30, 2020 at 8:24 PM
  • The coronavirus (COVID-19) pandemic is the biggest public health crisis in a century and has caused the deepest economic recession of the modern era.
  • Critically, they must accept that a company’s resilience is determined not only by what is inside its own four walls, but also by ecosystems, communities, economic conditions, the rule of law, effective governance and more.
  • Finally, firms must continue to improve ESG disclosure, especially by accelerating the adoption of common standards and metrics, and providing more information on issues critical to business resilience during the pandemic (such as employee well-being, diversity and inclusion, and safety).