Malfunctions: Everything off? It doesn't have to be!
Recent incidents show that operational disruptions pose new challenges to operational risk, safety and crisis management as well as to organizational resilience. Suggestions and countermeasures on how companies can prepare for outages or resulting crises will be held by experts at the symposium on October 27, 2022 in Zurich.
We live in a VUCA world - characterized by volatilities, uncertainties, complexities and ambiguities. The influences on corporate risk management have increased and become even more multi-layered, more complex. The fact that the improbable can probably occur is part of it. Business disruptions, or prolonged interruptions, are no longer all that rare events. Recent events of high tragedy and scope, however, place entirely new demands on operational safety, emergency and crisis management as well as on organizational resilience.
Power supply insecurity increases risk of operational failures
The increasing networking and penetration of virtually all areas of life with information technology and the networking of logistics and supply chains opens up economic and social potential that a highly developed and industrialized country like Switzerland cannot do without. At the same time, however, increasing digitization and uncertainty about the future security of electricity supply are creating new risk situations that must be responded to quickly and consistently. The particular danger of targeted cyber attacks on ICT infrastructure affects government agencies as well as operators of critical infrastructures and other companies or organizations.
Approaches for successful crisis management
Those who have seriously identified the risks for their company and planned measures better protect themselves against events and the resulting potential disruptions, losses and business interruptions. Has the awareness of business interruptions and the potential vulnerabilities reached everywhere and is it sufficient? Is the necessary resilience of companies in place? The presentations on October 27 will deal with latent top business risks in Switzerland and provide approaches on how to manage them and with which measures to counteract them.
Information about the symposium
