Second, he says that the plan can help move the company forward by helping it stay "relevant" (relevant), meaning important or related to the current situation, even though the market is changing.

Because the market is changing, the company has to make sure it is doing what their customers want or expect from them.

We also use this word "relevant" to mean related to something, related to the current situation.

The opposite would be "irrelevant."

If someone says that this is irrelevant, they mean it is not related to or connected to the current situation or idea.

Alex finishes by saying that the presentation has many "innovative" (innovative) ideas.

"Innovative," means new, something that hasn't been done before, so "innovative ideas" are ideas that are new, creative, and interesting.

Now, let's listen to the informal meeting again, this time at a native rate of speech.

Okay, everybody.

Please take a seat. Let's get started.