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It is no surprise that resilience has become a frequently identified trait for success. McKinsey stated , “To thrive in the coming decade, companies must develop resilience—the ability to withstand unpredictable threat or change and then to emerge stronger. However, how can organizations measure their resilience in the first place?
What benchmark events (in your organization, your industry and the overall business environment) can you identify and utilize to gather lessons learned? Failing To Plan Is Planning To Fail, Forrester Consulting, October 2021 Learn more about strengthening organizational resilience and ensuring business continuity in this ebook.
By providing a holistic view of potential threats, ERM enables organizations to make informed strategic choices, improve resource allocation, and enhance overall resilience. Ensure that risk management is not a standalone function but is embedded in the fabric of the business, enhancing overall resilience.
Understanding your current level of digital operations maturity is a critical step to becoming an innovative, resilient organization. Understanding your operational maturity opens up three key benefits: It helps organizations benchmark themselves against best practices to reflect and identify areas for improvement.
By providing a holistic view of potential threats, ERM enables organizations to make informed strategic choices, improve resource allocation, and enhance overall resilience. Ensure that risk management is not a standalone function but is embedded in the fabric of the business, enhancing overall resilience.
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