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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

But nearly a full day after the tornado, power outages and gas leaks were causing new evacuations , and the staff shortage continued into the following week.”. supply chains in Asia, customer access to retail stores in the US, etc.) Strategically, plan for new types of risks. Stability in operational environments (i.e.,

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Building resilient organizations in an era of climate change

everbridge

These assessments provide the foundation for informed decision-making and proactive planning. Embrace scenario planning Scenario planning allows organizations to prepare for multiple potential futures. Infrastructure investments are equally important.