Business Resilience in 2022: The Path Forward
In a recent webinar, Bonnie Canal, Founder and Managing Partner of The Resiliency Institute, discussed 2022 business resiliency planning and strategies for navigating organizational risks in the coming year.
After enduring a year of pandemic-related complexity, supply chain disruptions, and increasing threats to operations, organizations must now prepare for a new year of unpredictability and change. To improve resiliency, companies should look to modernize their approach to emergency preparedness by leveraging new technologies, best practices, and lessons learned from 2021.
In a recent webinar, Bonnie Canal, Founder and Managing Partner of The Resiliency Institute, and Peter Steinfeld, AlertMedia’s Senior Vice President of Safety Solutions, discussed 2022 business resiliency planning and strategies for navigating organizational risks in the coming year.
Watch the on-demand webinar to hear Bonnie and Peter’s actionable advice for how businesses of all sizes and industries can build a resilient infrastructure to pave a path forward in 2022.
Looking Back to Move Forward
To best prepare for 2022, organizations must reflect on the lessons learned from the myriad of threats that impacted their businesses and people in 2021.
From paradigm shifts in the workforce this year to the supply chain disruptions that CBS News called an “everything shortage,” companies have struggled to make heads or tails of which circumstances are temporary and which are permanent.
Organizations have also experienced the impacts of extreme weather events and natural disasters, which will only continue to increase in number and severity. And we can’t forget about the surge of protests and civil unrest that threatened some businesses this year, particularly those with brick-and-mortar locations in urban areas where demonstrations are more likely to occur.
Bonnie and Peter took a hard look at some of the policy, culture, and recruiting changes that organizations are considering or have already implemented to achieve the adaptability needed to improve business resiliency moving forward.
10 Steps to Preparedness
Every organization must take steps today that allow them to ensure the safety and well-being of their people and return to normal operations following an emergency.
Bonnie’s 10 Steps to Preparedness is a simple framework that can help companies do just that.
In the webinar, Bonnie breaks down each of these steps in detail and describes how skipping even just one of them can be detrimental to an organization’s resiliency.
Building a Business Resiliency Infrastructure
Emergency preparedness is essential, but to be resilient companies must also build an organizational infrastructure that identifies dependencies and mitigates risk.
Bonnie and Peter offered a few guiding principles for business resiliency that organizations should consider as they approach 2022.
- It’s not just about the plans
- People support what they help create
- Resiliency is not the same as disaster recovery
- The government can’t do it all
- There may be potential intangible losses
Watch the on-demand webinar for details on these guiding principles and how to apply them.
Think Ahead to 2022
Companies must protect their employees, stakeholders, data, assets, and physical locations to achieve business resiliency. This will continue to be challenging in the years ahead due to the concurrence of threats facing organizations of all sizes and industries.
It’s vital for companies to evaluate and improve consistently. They can start by identifying answers to some crucial questions, including:
- Does your resiliency plan safeguard your people, both in-office and remote?
- How does your resiliency plan support your business goals?
- Are you equipped to monitor threats and respond to emergencies?
- What lessons can you apply from the previous year?
- How do you avoid complacency when things get better?
Bonnie summarized it best, “Your organization’s resilience depends on the resilience of the people you rely on.”
Watch our on-demand webinar to access actionable advice and best practices for improving business resiliency in the year ahead.