Dynamic Risks: Working Definitions and Implications for Risk Management Teams
On Solve
DECEMBER 21, 2021
As a second example, a logistics and transportation company shared the following scenario: “On a Friday morning, we noticed many of our staff were not showing up to work, causing a major staff shortage. In a given week , the ultimate harm to the business or operation was not the active focus of the risk team or response team the week prior.
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