- July 13, 2021
- Posted by: Stratford Team
- Category: Business
In 2021, the country with the highest overall resilience score of 100 was Denmark. Broken down into the three core resilience factors, Denmark scored 85.2 for economic risk, 94.5 for risk quality, and 91.4 for supply chain. The remaining countries ranking from 2 to 10 for business resilience were: Norway, Luxembourg, Germany, Switzerland, Finland, Sweden, Austria, United States Zone 3 (Central US), and the United Kingdom.
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What does business resilience really mean? To Eric Jones, vice president and global manager of business risk consulting at FM Global, it can be broken down into: 1) What is the risk that something bad could happen to disrupt a business? 2) If something bad does happen, would the surrounding environment enable a business to recover quickly and effectively? FM Global’s Resilience Index does “a great job,”…