As per a recent global survey, 94% comapnies believe that the current pandemic experience strengthens the case for Risk Management. The survey notes that the Risk Management community is fully engaged with the pandemic response, with 98% respondents still working in their risk roles.
The survey was carried out by the Institute of Risk Management (IRM-UK) and was titled Covid-19 Pandemic – Global Risk Management Response.
The participants of the survey were from countries like UK, India, Africa, Middle-East, USA, Canada, South America, Australia, other European and Asian countries from across sectors like Finance, Banking, Insurance, Construction and Infrastructure, Manufacturing, Healthcare, to name a few.
What are the highlights from the survey?
Here are some key findings from the global survey:
- According to the survey, 32% of organisations said they had not considered a pandemic risk or anything similar before the current global COVID-19 pandemic, and one-fifth of organisations who had considered the pandemic risk did not take any actions about it.
- On being asked about how satisfied they were with the way crisis management and business continuity actions have been dealt within the…
