Responding to Risk with Agility and Resilience
We live in a world of constant disruption. To remain competitive in today's business climate, companies must respond to two parallel strategies:
1) Implement an agile and resilient risk framework that can anticipate and react to shifts that bring long term success
2) Build resiliency that will enable these frameworks to mitigate risk events and move the business towards its goals.
These strategies help organisations to respond quickly to changing market and economic conditions and at the same time, withstand business disruption. Companies cannot plan for the unknown, but the more a company proactively identifies risks and builds resilience to potential crisis through organisational, cultural, and technological facets, the more capable it can be at bouncing back from a broad set of crisis.