Remove Activation Remove Mitigation Remove Scenario Planning Remove Transportation
article thumbnail

Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

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. Strategically, plan for new types of risks. Activation of the Crisis Management Team (CMT). Active Phase.