A comprehensive , flexible cri- sis plan that includes not only initial actions , but also lon- ger-term mitigation strategies is essential to staying ahead of these dynamic risks .
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Additionally , organizations are beginning to eliminate opera- tional silos and replacing them with a resilience team who can understand and react to risks holistically . These ‘ chief resil- ience officers ’ are the ideal roles to put such comprehensive com- munications plans in place .
A holistic approach to risk man- agement and crisis mitigation creates a culture of resilience across the business , which ulti- mately empowers organizations to proactively anticipate and mitigate dynamic risks .
3 . Embrace Artificial Intelli- gence ( AI ), Machine Learning
( ML ), and Big Data to improve decision-making and speed up recovery times
Without question , the faster you know about a potential threat , the more time you have to re- act , manage and ultimately , mit- igate the impact .
So how can companies go about gathering better insights , faster ?
Information about physical and manmade threats is grow- ing each day , as threats increase . With 24-hour news cycles and ever-present social media , it can be difficult to decipher between what is valid , and what is relevant to you and your organi- zation . This ‘ noise ’ can be over- whelming for organizations to sift through , which creates more time to uncover true threats and less time to react to them .
Using AI and ML , organizations
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