Reading Time: 5 minutes 48 seconds
For every entrepreneur, business owner, and leader, there’s one Latin proverb that rings true: “fortune only favors the bold”. It simply means taking risks comes with its own greater reward. However, our world is on a constantly rotating rotisserie of inevitable events that affect economics, politics, and society; with the effects bleeding over to harm businesses. Preparing for the inevitable should help organizations better absorb or adapt to challenges such as an economic downturn, conflicts, calamities, inflation, health crisis, and legislative mandates.