Risk management in 2021 – what you need to know – General – Services

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AI and real-time data can help businesses and IT teams navigate a complex, unpredictable world.

From bushfires to the global pandemic, the large-scale, unforeseen events in 2020 have put a spotlight on the importance of robust risk management strategies like never before.

Inarguably, the pandemic forced organisations to reimagine their approach to managing and mitigating risk. The cascading events since then unearthed several trends that we were already seeing on the backend such as the expansion of the variety and growing complexity of the risk landscape, and the need for greater, but less siloed preparedness within organisations. 

We live in an interconnected world where one seemingly small event can impact a wide range of business operations and potentially put people, assets, and any business continuity planning at risk. 

Business continuity strategies cannot be effective if it doesn’t take into account new, highly unpredictable environments. With that being said, key decision makers must take proactive steps to map out long term risks…

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