What are the best ways to build resilience and agility in your organization through risk management?

Implement a structured approach to identify, assess, and mitigate risks. Develop processes and guidelines for risk identification, evaluation, and response. Adopt a culture where employees are comfortable reporting and discussing potential risks. Create contingency plans for high-priority risks. Engage key stakeholders in the development of these plans to ensure their buy-in and expertise. Encourage collaboration and information-sharing among different teams and departments. This allows for a complete understanding of risks and encourages collective problem-solving By embracing these few practices, you can build resilience and agility in your organization through effective risk management.

3 Reasons you should do SWOT analysis for your Business👇🏻 1. Prioritization of Risks It helps to prioritize risks based on their potential impact and likelihood, allowing for a focused risk management approach. 2. Better Decision Making It provides a structured framework for decision-making by considering both internal capabilities and external factors that may impact risk. 3. Scenario Planning It supports scenario planning by considering various combinations of strengths, weaknesses, opportunities, and threats, preparing the business for different potential futures.

Enhance the SWOT analysis by involving team members from diverse backgrounds and departments. This can provide a more comprehensive view of strengths, weaknesses, opportunities, and threats. + Caution against overemphasizing internal factors in SWOT. External factors like market trends and regulatory changes can have significant impacts and should be given equal consideration.

É essencial realizar uma avaliação de riscos abrangente, identificando potenciais vulnerabilidades e impactos nas diversas áreas da empresa. Com base nessa avaliação, desenvolva planos de contingência robustos que permitam uma resposta rápida e eficaz a incidentes inesperados. Investir em tecnologia e sistemas de informação que proporcionem dados em tempo real é crucial para uma tomada de decisão rápida e informada. Ferramentas de análise preditiva e inteligência artificial podem ser utilizadas para antever e mitigar riscos antes que eles se concretizem.

Foster a culture of open communication, adaptability, and continuous learning to empower employees to navigate challenges effectively. Implement proactive risk management strategies, including scenario planning and regular assessments, to anticipate and mitigate potential disruptions swiftly.

Todos los negocios y empresas son administradores de riesgos. Incluso, el asumir riesgo, es lo que hace parte de cuando un negocio decide ganar en esferas donde otros no están dispuestos. Mapear los riesgos correctamente y así mismo valorarlos y gestionarlos, sin que esto lleve al “pánico” del exceso de control, es una labor fundamental en cualquier organización

En la identificación y priorización de riesgos, es clave utilizar herramientas adecuadas para clasificar y, sobre todo, medir el impacto. Un riesgo carece de urgencia si su impacto no es significativo en el contexto del análisis. No se trata de describir todos los riesgos con la esperanza de eliminarlos, eso es un enfoque idealista. La realidad es que los riesgos son dinámicos; gestionarlos para minimizar su impacto es la estrategia efectiva. Enfócate en lo esencial y gestiona con agilidad.

It is important to identify and prioritize your risks because it allows you to focus on the most critical and relevant risks, and allocate your time and resources accordingly. By prioritizing your risks, you can ensure that you are taking the necessary steps to mitigate the most significant threats to your organization, and that you are not wasting time and resources on low-priority risks.

In our story, Finley the shark continues his savvy leadership by creating a "Risk Reef Map." He gathers his trusted school of fish and together they plot out every possible current and predator, using a system of shells for likelihood and pebbles for impact. The most precarious areas are marked with bright algae, signaling priority. This clever method allows Finley and his team to swim confidently, knowing which waters to navigate carefully and where it's safe to play. It's a lesson for us on land as well; by identifying and prioritizing risks using clear, visual methods, we can focus our efforts effectively and steer our organizations towards smoother seas. Spread Shark Love #divineintervention #gabenfreude

Com base na análise SWOT, priorizamos riscos em termos de impacto e probabilidade. Utilizamos matrizes de risco para categorizar riscos, desde interrupções na cadeia de suprimentos até mudanças regulatórias. Isso nos permite focar nos riscos mais críticos, dedicando recursos adequados para sua gestão e estabelecendo estratégias de contingência eficazes.

Desarrollar respuestas a los riesgos va más allá de un análisis; implica un plan de acción efectivo. La complejidad suele radicar en factores humanos, tecnológicos o de capital. Optar por la asignación eficiente de los recursos disponibles es clave para contrarrestar los impactos negativos de los riesgos. Tras diseñar el plan, la clave está en comunicarlo de manera clara a todos los involucrados. La comprensión y ejecución efectiva asegurarán el éxito. Mi recomendación es actuar con agilidad y comunica para fortalecer la resiliencia en la organización.

Los riesgos pueden incorporar o evaluarse con fases como propone el mismo frame de NIST que busca: identificar, proteger, detectar, responder y recuperar. El último de estos, personalmente lo considero el más relevante sobre todo cuando se habla de riesgos cibernéticos porque es lo que garantiza la continuidad y el restablecimiento del negocio

It is important to develop and implement risk responses after prioritizing your risks because it allows you to take proactive measures to mitigate the likelihood or impact of negative events. By addressing risks effectively, you can minimize disruptions, protect your assets, and enhance your overall business resilience.

Hi there! In our story, Finley crafts a "Risk Dance." He assigns moves: twirl (avoid), glide (reduce), pass the pebble (transfer), or brace (accept). Each fish learns their step for different threats. When danger comes, they move in unison - twirling from predators, gliding through rough currents, passing troubles to dolphin friends, and bracing for storms. Like Finley, we must pick our responses wisely, ensuring our organization not only survives but gracefully dances through challenges. Spread Shark Love #divineintervention #gabenfreude.

Na GoFretes, adotamos uma abordagem multifacetada para responder aos riscos. Isso inclui a diversificação de nossa rede de transportadoras para evitar dependências, a implementação de tecnologias para reduzir riscos operacionais, a transferência de riscos através de seguros, e a aceitação informada de certos riscos que acompanham a inovação. Cada resposta é cuidadosamente escolhida para alinhar com nossos objetivos estratégicos

El riesgo muta y cambia a una velocidad impresionante. Unos más que otros. Los indicadores son claves pero casi que son personales a nivel de empresa. Va a depender del apetito de riesgo que cada organización requiera para el desarrollo y escalamiento del negocio

Risk management is an ongoing process, not a one-time activity. It requires regular monitoring and review to ensure that your risk management plan is effective and that you are aware of any new or emerging risks. By tracking and measuring your risk performance, you can identify areas for improvement and make adjustments to your risk management plan as needed. Regular review also helps to ensure that your risk management plan is aligned with the changing needs of your business.

Hi there! In the vibrant underwater world, Finley the shark is vigilant, constantly patrolling his reef. He uses coral markers as Key Risk Indicators and tracks the school's swimming patterns as Performance Indicators. Regularly, he gathers his fishy friends for a reef review, discussing the shifting currents and sneaky predators. This isn't just a one-time swim; it's a continuous journey through the ever-changing sea of risks. Just like Finley, we must keep a keen eye on our organizational waters, adapting and learning, ensuring that our risk management strategies evolve with the tides of change. Spread Shark Love #divineintervention #gabenfreude

O gerenciamento de riscos na GoFretes é um processo dinâmico. Usamos KPIs e balanced scorecards para monitorar nossa exposição a riscos e a eficácia de nossas estratégias de mitigação. Periodicamente, revisamos nosso plano de gerenciamento de riscos, adaptando-nos a novos riscos e aprendizados do mercado, garantindo que nossa abordagem seja sempre atual e eficaz.

Review on a regular cadence, such as monthly or quarterly, in order to recognize when priority of risk changes. Finally, make sure to always consider risk in black seam type of events that are unexpected.

Learning and adapting from risk experiences is crucial in risk management. It can enhance resilience and agility, which are critical to overcoming setbacks and adapting to changes. By learning from failures and successes, risk management teams can develop a culture of risk awareness and innovation, fostering a mindset that embraces risks as opportunities and potential sources of growth and value.

Finley, the ever-wise shark, gathers his sea mates for a reflective swim after every adventure. They share tales of narrow escapes and clever strategies, turning every experience into a valuable lesson. Finley documents these lessons in an underwater library of shells and corals, accessible to all. This continuous learning makes them not just survivors but thriving inhabitants of the deep blue. By embracing a similar culture of reflection and adaptation, we too can navigate organizational risks with agility and innovation, turning potential threats into opportunities for growth and learning. Spread Shark Love #divineintervention #gabenfreude

Cada experiência de risco na GoFretes é uma oportunidade de aprendizado. Documentamos e analisamos cada evento de risco, compartilhando essas lições internamente para fortalecer nossa cultura de conscientização de risco. Isso nos permite não apenas recuperar-nos de contratempos, mas também utilizar essas experiências para inovar e melhorar continuamente nossos serviços e processos.

Fostering the culture is critical. If the culture is too risk avoidant, growth can be stunted. If the culture is too risk tolerant, areas of strength can be put at risk. The risk tolerance will depend upon the stage of the business and the business objectives.

To bolster resilience and agility in an organization through risk management, implement proactive risk identification strategies. Foster a culture of adaptability by encouraging open communication and learning from setbacks. Develop contingency plans and regularly assess and update them. Invest in robust technology to anticipate and mitigate potential risks. Foster a mindset of continuous improvement, enabling the organization to navigate uncertainties with agility and emerge stronger from challenges.

Encourage flexible leaders, create responsive risk plans, and use monitoring tools for quick organizational adjustments. Give teams the power to make decisions and learn from mistakes to boost overall resilience in uncertain situations.

Gostaria de enfatizar a importância de uma liderança adaptativa e de uma equipe engajada na gestão de riscos. Na GoFretes, promovemos uma cultura onde cada membro da equipe é encorajado a identificar e comunicar potenciais riscos. Isso cria um ambiente onde a resiliência e agilidade não são apenas responsabilidade da liderança, mas de toda a organização.