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. As a director of Enterprise Risk Management, the author was planning for a large, new water project in Eastern Congo.

article thumbnail

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. Supply Chain Monitoring and Optimization: How it Works: AI analyzes supply chain data to identify vulnerabilities, predict disruptions, and optimize logistics.