With supply chain disruption, civil unrest, gun violence, global pandemics, catastrophic weather, war, inflation, and fear of recession, we’re in a new era of risk. Organizations have never faced a more extreme or uncertain threat environment. Business leaders should stop asking if they’ll face a crisis and get prepared for when.
U.S. Businesses Need to Be More Prepared for Physical Risks
From gun violence to catastrophic weather events, companies need new operational strategies to secure their organizations.
February 09, 2023
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Summary.
Today’s threat environment for businesses is more extreme than ever, with risk events like homicides, gun violence, and catastrophic weather on the rise. CEOs need to apply the same rigor to physical security as they do to cybersecurity. Business leaders need to implement new operational strategies and cultivate new skills to protect their organizations. Specifically, this means creating new risk frameworks and implementing well-defined crisis plans to protect their organizations proactively. In short: Prepare now, or be caught unawares when the next crisis hits.
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New!
HBR Learning
HBR Learning
Crisis Management Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Crisis Management. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to manage uncertainty, dispel rumors, and help your team recover.