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Thursday 24 June 2021
HomeAfricaDisconnect between perceived and actual resilience threatens reputation of companies

Disconnect between perceived and actual resilience threatens reputation of companies

Control Risks (www.controlrisks.com), the global business risk consultancy, today published its survey “The state of organisational resilience”. Defining resilience as the ability of an organisation to assess, anticipate, mitigate, and recover from disruptive events, the survey assessed the degree to which the concept of resilience has gained currency and become embedded within organisations.

Key findings include: Commenting on the survey, Mark Whyte, Senior Managing Director at Control Risks and author of the survey said:“Companies are aware of financial and reputational consequences of disruptive events and feel that they have measures in place to identify risks, but the survey results reveal that the majority of companies are still suffering from such events. Companies need to take a comprehensive and integrated approach to risk monitoring, encompassing political, economic, technological and legislative factors, rather than just looking at specific threats.

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