Professional services firms increasingly recognize the importance of adaptability in their strategic planning. Flexibility in strategy allows these firms to respond proactively to changing market dynamics, ensure client satisfaction, and achieve…
Crises can emerge from anywhere — supply chain disruptions, cybersecurity threats, public relations disasters, or even health emergencies. Your organization’s response to crisis situations often determines its trajectory. Organizations that rely on…
Whether you're at a large corporation or a small business, your work as a risk manager is likely the same. You’re responsible for learning about your company's vulnerabilities so you can take the precautions necessary to protect your products, data,…
These days, business moves fast. You push your workers to finish tasks and accomplish goals as quickly as possible, maximizing your business’s income as much as possible — but as you do, you simply cannot forget about safety. Maintaining a safe work…
These days, data is as good as gold — and like gold, data is increasingly subject to rigorous government regulations. Around the world, local and national governments are passing legislation to control how businesses collect, use, and store…
As industries grow more competitive and global instability increases, organizations are increasingly adopting risk management programs to help them improve their ability to adapt, develop more resilient strategies, and succeed. Whether you are just…
Cybersecurity breaches are one of the biggest threats facing modern businesses today. Last year, the average breach cost US businesses an average of $4.88 million, as scammers and hackers exposed sensitive information, stole business data, and…
According to data gathered by NASA, the world is warming at a rate faster than has been seen in the past 10,000 years. The oceans have warmed by 0.67 Fahrenheit, and we’ve lost around 427 billion tons of ice per year since 1993. This has caused an…
Organizations like yours are aware that with any venture, there comes a certain amount of risk. Sudden-seeming shifts in the market, internal process breakdowns, an increased presence of market disruptors, and even external threats like cybercrime…
Every business has a responsibility to minimize risks. Indeed, most industries have specific regulations to reduce employee accidents or safeguard consumers from unnecessary hazards, among other issues. Yet, it’s important to recognize that simply…
Risk management is an essential part of running a successful manufacturing facility, including risks, security and facility sustainability. Creating a space that is safe, healthy, and secure is critical, but with climate change policies changing,…
Despite the negative impacts of the COVID-19 pandemic, supply chain management is steadily getting back on track and is expected to become integral to global economies in the next several years. In 2020, the global supply chain market was valued at…
Climate change is going to have a significant impact on our lives. Though many of us are aware that a change needs to happen in order to prevent the worst outcomes from becoming reality, few are able to see the indirect ways that a changing climate…
3 Essential Steps to Prepare Your Crisis Management Plan for the Digital AgeModern businesses face myriad threats in the digital age. From growing issues like climate change and cybersecurity to established threats like supply chain faults and…
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