Connecting Risk And Resilience For Sustainable Growth

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Connecting Risk And Resilience For Sustainable Growth
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Maxime Ouellet, ing.

Connecting Risk And Resilience For Sustainable Growth

Future-seeking leaders create more resilient organizations and sustainable growth by connecting … [+] getty Future-seeking leaders create more resilient organizations and sustainable growth by connecting current and future risks in any environment. By viewing risks cohesively through a common lens at the enterprise level, organizations can achieve better outcomes than by managing them independently. The last two years illustrate the impact of multiple low-frequency, near-simultaneous, high-impact risks: a global pandemic, financial shocks, a series of “hundred-year” weather events, social disruption and significant labor shortages. The frequency and complexity of geopolitics, economic volatility, population health, climate change, and threats related to supply chain, cyber, talent and technology add to the challenge. While the concurrence of these events may seem unlikely, analysis across 10 risk categories calculates a 63% probability that one or more “hundred-year events” will occur in any given decade, and a 26% chance that multiple such events will […]

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