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Operational Risk and Continuity in 2021 – How Have the Events of 2020 Made an Impact?
Author: Fusion Risk Management
Pandemic, Geopolitical Upheaval, Economic Shifts, Climate Change and Natural Disasters – 2020 was quite a year. In some ways, these events have slowed down business activities. In other respects, we are seeing that decisions and actions that have long been on hold or planned for further down the road, have been brought to the forefront and become more urgent.
OCEG and Fusion recently ran a short poll asking if there has been any change in your efforts to converge operational risk management and business continuity for better operational resilience as a consequence of this past year’s events. They compared the responses to those for the same poll as the one ran in February of 2020, just before the pandemic began to affect businesses across the globe.
The results are intriguing! In this webinar, we review the results of the polls and identify changes from early 2020 to now, and also take a dive into what it means to combine operational risk and business continuity activities.