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The Biggest Risk to Your Business is What You Actually See Coming
Manage episode 362722493 series 3193610
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Floods are typically predictable. There are forecasts which discuss river levels, and projections for where the water will rise to and over what period of time. No one dismisses these projections, and we always prepare accordingly. But these floods don't happen because there's monsoon-level rain in the area. It happens because of extensive snow hundreds of miles north of us. The snowpack depth and melting rate where the Mississippi River begins determines our level and timing of flood risk. While most companies don't have this type of clear correlation or prediction capability to determine what will impact their organization, each and every company has its own proverbial 'flood risk'.
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