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On a normal day when life is going well, no one wants to think about disasters. Committing time and budget to crisis preparedness can be a hard sell for businesses facing priorities that feel more immediate. Yet investing in preparation in advance is how you keep a crisis from turning into an absolu ....

Resilience is a watchword for every risk management team and every governing board. Resilience represents the ability of entities to avoid, prevent, adapt, respond to, recover from, and learn from operational disruptions.[i] While ensuring business continuity is a key aspect of business resilience, ....

When discerning what the pandemic taught us about business resilience, the lessons contain good news and bad news. On a positive note, we learned that effective business resilience, much like psychological resilience, is the result of “ordinary magic.” Organizations that demonstrated the grea ....

Click through articles on business resilience and you’ll find more Three Little Pigs analogies than you can shake a straw, stick or brick at. The comparison makes sense from a strategic perspective: the more expertise, money and care an organization invests in building a sound risk management stru ....

Risk Operations Centers provide a single, centralized resource point for risk and resiliency governance. When incorporated into organizational governance regimes they can provide real-time, ongoing horizon scanning and predictive information. To be practical, there must be the capacity to receive, a ....

While the scope and nature of an organizational emergency is hard to predict, between the COVID pandemic, the SolarWinds Cyberattack and innumerable ransomware attacks, modern times demonstrate that emergencies are guaranteed to arise. “In today’s fast-moving, electronic world, your reputation c ....