Remove Event Remove Mitigation Remove Scenario Planning Remove Strategic
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Understanding Crisis Management for Businesses

Bernstein Crisis Management

Crisis management refers to the identification, assessment, understanding, and mitigation of significant negative events. It involves preparing for potential crises through strategic planning and response protocols to protect an organization’s stakeholders, reputation, and assets.

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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

A risk hitting from a secondary direction or event. In a given year , teams should expect a greater number of large events than in previous years. Strategically, plan for new types of risks. Strategically analyze how recent disruptions have changed in the moment or enabled other disruptions. Some level of surprise.

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The Future of Business Continuity: Innovations and Emerging Technologies

Erwood Group

Application: Predictive analytics enables organizations to rapidly assess risks and proactively implement measures to mitigate the impact of potential disruptions. Application: In the event of a cybersecurity breach, AI automates the identification, containment, and eradication of threats, reducing response time.

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Operationalizing resilience for your organization

everbridge

By identifying alternative strategies and diversifying supply chains or business partners, organizations can mitigate risks and maintain operational continuity even amidst uncertainty. Scenario Planning : Developing scenarios based on potential risks and their impacts.