How well does your organisation cope with anticipating, preparing for, managing and bouncing back from disruption in a world that is in a constant state of flux? For those that missed our webinar, ‘Building Operational Resilience in a Chaotic World’ this post shares key takeaways from the presentation by internationally recognised pundit on governance, risk management and compliance (GRC), Michael Rasmussen – aka the ‘Father of GRC.’
Watch the webinar recording and you’ll learn why resilience - often associated with Financial Services organisations contending with changing regulations - is something that all businesses, regardless of sector or size, should strive for.
You’ll also discover how the dynamic landscapes in which we operate are subject to constant change, with evolving legal and regulatory obligations, developing technologies, evolving risks and relationships across the extended enterprise and more, all testing our ability to ride the storm and come out strong.
Critically, the presentation offers essential insights on how businesses can understand the knock-on effects of cascading risks and bolster their processes, risk management and risk culture to be able to navigate stormy waters – using relatable, real-world examples to illustrate the interplay between risk, resilience and potentially disastrous consequences.
After all, in a complex, multi-faceted risk environment, risk cannot be viewed in silos and the interconnections between risks are all part of the challenge of resilience.
You’ll learn the value of ‘foresight’ - taking learnings from past events, but critically, looking forwards: understanding how the obstacles in front of us must be circumnavigated in alignment with business objectives.
You might also be surprised to hear that many businesses are rendered inflexible, with their risk and resilience efforts hampered through lack of visibility, siloed data, reliance on manual processes and inadequate continuity planning.
And are you aware that your risk and resilience management strategy should encompass both structured ‘left brain’ thinking, and the creative, ‘outside the box’ considerations of the imaginative right brain? Tune in and give it some thought!
Importantly, you’ll discover Rasmussen’s six key steps for building resilience to work into an integrated risk and resilience management strategy. And, how if not already implemented, modern technology – such as Decision Focus GRC software – provides the central tool you need at its core.
The webinar is particularly useful if you are considering GRC software, and would like to further your understanding of how the visibility, agility and scalability it offers can underpin your organisation’s resilience, whilst addressing the challenges of dynamic regulatory and business landscapes.
If you’d like watch the full presentation, a recording of ‘Building Operational Resilience in a Chaotic World’ is available to view on-demand.