10 Predictions Impacting Organizational Resilience in 2024

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Meet the Expert

10 Predictions Impacting Organizational Resilience in 2024

Each year DRI makes ten annual predictions across a broad band of subject areas, all of which are resilience related. The “2024 Predictions Report” extrapolates the findings of the 2023 Trends Report into a set of predictions and discussion points.

The predictions follow the issues identified as important in the “DRI Annual Trends Report” discussed last month. Predictions usually cover technical, social, environmental, political, economic, health, legal and regulatory issues. Lyndon Bird’s executive summary highlights 10 key areas and provides a summary of the discussions found in the report.

Read the Executive Summary >>

In the Know...

Looking Back: 21 Risk Events in 2023

Businesses around the world faced no shortage of risks in 2023, whether it was from natural disasters and climate impacts, cybersecurity and artificial intelligence threats, or regulatory and compliance concerns. RISK MANAGEMENT publication presents a review of some of the year’s most notable risk events, highlighting top challenges risk professionals had to address in 2023 and some that will shape the risk landscape moving forward into 2024.

Click HERE >>

The Talk of the Town: How AI could disrupt your business and six practical scenarios to explore

By working through six suggested scenarios, boards can better prepare for the future.

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Planning Ahead: How to navigate the EU’s Digital Operational Resilience Act

Draft standards have been released for the EU’s Digital Operational Resilience Act.

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A Beacon of Hope: How green fintech is creating a more resilient Caribbean

In a high-risk region, the fintech world is creating sustainable solutions for climate change mitigation.

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Girl Power: Edison International and Girls Inc. work together to open emergency evacuation center

Edison International has helped Girls Inc. open an emergency evacuation center in a flood-prone California town.

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All Together Now: Canadian government seeks national input on emergency management strategy

Anyone working in the emergency management field in Canada can submit their feedback online until March 31, 2024.

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A Good Catch: U.S. Commerce Department adds $20.6 million in fishery disaster funding

U.S. Secretary of Commerce Gina M. Raimondo announces $20.6 million to support California salmon fisheries.

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Conference for Senior-Level BC Executives, May 6-8, Charlotte, NC

CI offers insight, inspiration, and actionable ideas presented by leading business continuity experts and practitioners. Share best practices, lessons learned, and effective strategies employed to ensure organizational resilience.

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Industry Pulse

BC Management Announces: 22nd Edition Global Resilience Compensation Study is Live! Confidentially Participate by February 28th!

BC Management introduces the 22nd Edition Global Compensation Study for Resilience Professionals — globally recognized as the premier compensation assessment for Business Continuity/Resiliency professionals (entry-level to chief officers and consultants). Their thorough study assesses your earning potential by years of experience, degree, years of management and leadership expertise, geography, certification, and much more.

Last year they received just over 1,000 respondents, but there’s definitely a LOT more than 1,000 in our profession.

Your confidential participation in this study unlocks exclusive access to the following:

  • Global Resilience Compensation Report: Gain access to an in-depth report, chock-full of cutting-edge insights and trends in Resilience compensation data findings.
  • Customized Resilience Compensation Peer Data Dashboard: Delve deeper into your field with a personalized dashboard, offering a unique perspective on how your compensation and skills compare to your peers.

Participate in the 22nd Edition Global Resilience Compensation Study and be at the forefront of resilience excellence. Your insights matter to the Resiliency profession, and BC Management is ready to empower you with the tools.

Participate in Study >>

ISACA White Paper

The Promise and Peril of the AI Revolution: Managing Risk

High-profile tech leaders such as Apple co-founder Steve Wozniak and Tesla CEO Elon Musk are among those asking companies to hold back on “giant AI experiments” while the industry conducts a risk assessment. Their open letter states that large-scale AI projects “can pose profound risks to society and humanity” without oversight and intelligent management and asked for a temporary pause on further development. The letter also stressed the need for governance systems and a new regulatory authority dedicated to AI.

Still, other industry leaders believe both the benefits and risks of generative AI have been exaggerated–that we are dealing with limited technologies that aren’t nearly as helpful as our biggest hopes or as powerful as our worst fears. But one conclusion is certain: AI is already sweeping through our businesses and our world, and the need for CISOs, IT risk managers, executives and IT senior management to keep pace with the rapidly evolving risk landscape is urgent.

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