Today’s threat landscape is characterized by dynamic risk, where inter-related cascading events often lead to damages in unforeseen areas. In the aftermath of disasters fraught with rapid change and unexpected surprises, many leaders are left thinking, “We were expecting to get hit by A, but we were unprepared for B.” To build resilience against dynamic risk and its butterfly effects, organizations must understand the full view of potential threats and be able to pivot as events unfold.
Critical events are also rising in both frequency and severity around the world. These are just a few of the upsurges from 2020 to 2021:
- Reported shootings increased by 250 percent
- Extreme weather and natural disasters increased by 47 percent
- Transportation accidents and fire events increased by more than 100 percent
- Protests increased another four percent beyond their skyrocketing numbers in 2020
What are the rising threats in 2023? What does it take to effectuate a rapid response, save lives and mitigate damages in this environment? Get answers to this question at the upcoming DRJ Spring 2023 industry conference, Solutions for a Resilient Tomorrow, March 12-15 in Orlando.
The Role of Technology in Organizational Resilience
Leaders in all industries need effective critical event management (CEM) technology to proactively manage both known and unknown hazards in today’s atmosphere of dynamic risk.
Risk intelligence combines coverage, accuracy, relevance and speed, so organizations receive actionable intelligence on potential threats. Critical communications provides reliable global communications and comprehensive on-demand alerting capabilities so leaders can keep everyone informed and connected. Incident management makes it easy to carry out an efficient crisis response with advanced scheduling, collaboration, situational awareness, task orchestration and automation.
When organizations have access to all three of these capabilities through a unified platform, they become stronger and more resilient thanks to three main advantages:
- Speed: Receive notifications just minutes after an event occurs, and notify employees and other stakeholders in a few clicks from a single interface.
- Relevance: Make informed, proactive decisions based on AI-filtered data that eliminates the noise and pinpoints events that pose the greatest threat to your people, places and property.
- Usability: Gain greater visibility from a unified dashboard that makes it easy to observe, analyze and escalate as events unfold.
Eager to improve your organizational resilience? Learn more about how technology can help at the OnSolve booth at DRJ Spring 2023. Experts from the OnSolve team will also lead discussions on what it means to be a resilient organization.
Get exclusive insights from our soon-to-be-released risk report and learn how a unified platform will give your organization the flexibility to adapt to dynamic risk and proactively mitigate damages. Be sure to join us for our sessions, including:
- Navigating Resilience in a Unified Platform. In the chaos of critical events, technology can serve as a major help or cause a major headache. The difference hinges on the ability to get verified intelligence faster and communicate in real time to improve outcomes and mitigate threats to people and operations. During their session, OnSolve’s very own Ann Pickren, Chief Customer Officer, and Chris Hurst, Vice President, Value Engineering, will highlight lessons learned from past and present crises and discuss how to make best use of technology for handling critical events.
- The Butterfly Effect: Understanding the Ripple Effect of Physical Threats and How to Stay Ahead. The impact of every critical event, newsworthy or not, can ripple through an organization’s entire operations. By understanding this butterfly effect, risk professionals will be better prepared to combat it and strengthen organizational resilience. In this session, OnSolve Chief Customer Officer Ann Pickren and OnSolve Chief Growth Officer Sue Holub will use data from a recent risk study and real-life experience of practitioners to discuss the direct and indirect impact of the butterfly effect on business revenue. They’ll also share their expert opinion around four things leaders should do in 2023 to stay ahead of risk.
- What Will an Effective, Efficient Operational Risk and Resiliency Program Look Like in 2-4 Years? With new threats popping up all the time and new regulations going into effect every year, how can you ensure your resilience program continues to adapt? During this panel discussion, Chris Hurst, OnSolve Vice President of Value Engineering, will join other risk and resilience professionals to discuss how to keep your program a living part of the organization.
Ready to face risk from a position of strength and resilience? Don’t miss your chance to hear from risk management experts who’ve made it happen. Schedule a meeting with OnSolve at DRJ to enter to win a $250 Gift Card.
You can also follow @OnSolve on social media and via #DRJSpring to stay updated as we count down to the conference.
