Watch out for the wolves Regardless of the worldwide events, we need to continue to plan for crisis and the big bad wolf, the high-risk events that can cripple organizations. As much as COVID continues to be a threat and the war in Ukraine dominates the news, businesses need to continue to plan for worst-case
Are you really managing risk? It’s interesting to think about the intersection between Risk and Snow Leopards and the importance of understanding risk but being prepared for any event. I caught Alex Fullick’s Preparing for the Unexpected webcast with Tony Thornton discussing IPEC Risks & Risk Management this week. Tony Thorton defines IPEC as an
You are here Let’s take a look at workforce resilience post-COVID. Lately, the service industry is buzzing about considerations for employees’ return to the office. Now that the pandemic is mostly de-escalating globally, leadership signals a return to business. Most organizations remained profitable through the pandemic due to strategic decisions and a dedicated workforce. Yes,
Building Psychological Resilience Employee resilience must be a core attribute when considering organizational resilience. Although not called out in the definition, businesses prepared to absorb and adapt after crisis events focus on personnel first. Companies developing real resilience consider the capabilities of their employees first when moving towards a model that promotes ongoing agility. As
Resilience is more than a buzzword Real resilience is taking hold in the business lexicon. The study of resilience is over 40 years old. First, the research focused on children, and later on individuals. The concept blossomed to study families, with a natural progression to communities and cultures. Now, specialized groups, like Aboriginals and even
The future is now Agility is a term that we hear associated with technology. The concept of agility in IT and business is an approach of short sprints to achieve a goal. The keys are adaptability, focused teamwork, and achieving outcomes. Those who consider it a mindset and not a switch are dead-on. However, resilience
A few weeks ago, I participated in an Operational Resilience webinar. So, I had the pleasure of joining a panel with two of my Resilience Think Tank co-founders, Mark Hoffman and Lisa Jones. Clear Risk, a growing leader in risk management software, hosted our panel discussion. Below, I invite you to watch the replay if you
Business continuity management continium I get asked how crisis management & business continuity align. For this blog, I’m defining business continuity as business recovery. However, I recognize that business continuity management typically encompasses the emergency response and recovery lifecycle. I’ve worked mainly on the operations side, but much of what I am saying applies to
Crisis management’s value to resilience Crisis management’s (CM) value lies in addressing highly disruptive and unplanned events. These events are unforeseen with little or no warning. The occurrence of a crisis is far-reaching across an organization, mobilizing multiple units. By nature, the outcome of a disaster impacts employees, operations, or assets significantly. So, the value
Top 5 disasters that influence resilience The top five disasters that influence resilience practice are easy to call out. Crisis events that will impact resilience have widespread economic and sociopolitical overtones. Interconnectedness is the theme that comes to mind as I write this. Each of my picks highlights the global aspect of today’s business environment.
