Material Improbabilities - mmc.com

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AUTHORRichard Smith-BinghamMATERIAL IMPROBABILITIESGETTING PRACTICAL WITH EMERGING RISKSSEVEN TAKEAWAYSWidespread political volatility and rapid technological advances are spurring companies to question not just their resilience, but also their fitness for purpose in the new world order. This requires risk leaders to reflect harder on how their functions can better support organizational agility and strategic analytical approach that is both creative and pragmatic is essential for respecting the inherent messiness of complex uncertainties and securing actionable results. A clear view on the role and value of emerging risk analyses within planning, risk mitigation, and crisis preparedness processes will strengthen organizational commitment to the identification processes need to be explorative and iterative, sourcing ideas widely and triaging them in a way that both challenges orthodox thinking and also secures s

to question not just their resilience, but also their fitness for purpose in the new world order. This requires risk leaders to reflect harder on how their functions can better support

  Risks, Material, Material improbabilities, Improbabilities