The Next Best Step: Preparation and Resilience

I want to take a moment to remind us all, though it’s likely already on our minds that we are living and working in a world defined by rapid change, uncertainty, unpredictability, and an ever-increasing level of interconnected risks. This is the new reality, and it’s only going to continue evolving.

When you factor in the relentless pace of AI innovation, that rate of change will only accelerate. So, how do we keep up? Here are a few things to consider:

• Avoid complacency: The number of wrong ways to approach problems far exceeds the number of right ones.
• Adapt your risk perspective: Every shift in technology, processes, regulations (or lack thereof), and people brings new risk exposures.
• Adjust your risk profile: As significant changes occur, be prepared to amend your risk appetite and strategies.
• Be proactive and anticipatory: Don’t wait for disruption—anticipate it.
• Continuously upskill and un-learn: Embrace new ways of thinking, especially systems thinking, to stay ahead.
• Incorporate resilience: Make resilience a core part of your risk management approach.
• Build a shock-absorbing organization: In today’s risk-prone environment, creating an organization that can absorb shocks and adapt is critical.

And remember Newton’s law of motion:
An object at rest stays at rest—until something gives it a push.

Stay proactive, anticipatory, and resilient, as we move forward my friends.