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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

supply chains in Asia, customer access to retail stores in the US, etc.) Strategically, plan for new types of risks. Scenario planning and war-gaming can include dynamic risks (the scenario has changed). In a given year , teams should expect a greater number of large events than in previous years.

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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.