Today’s crises are triggered by events inside and outside of a company’s control. The list is long: political interference, instability and unrest; terrorism; physical and cyber security breaches; workplace violence; insider malfeasance; IP theft; fraud; regulatory compliance failures; product recalls; natural disasters; supply chain disruptions.
A number of factors are combining to increase the frequency, complexity and types of crises companies face. Organizations must ensure they stand ready, respond effectively and recover stronger.
By melding traditional crisis management with modern techniques and technology, organizations reduce the likelihood and impact of crises. The competitive advantage that comes from organizational readiness is immense: it fosters success where others would fail.
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