Business Continuity Track 1: Black Swans or Just Wishful Thinking and Misinterpretation?
Geary Sikich, Entrepreneur, Consultant, Author and Business Lecturer
Dennis Wenk, Business Continuity Evangelist
The term “Black Swan” has become a popular buzzword for many; including, contingency planners, risk managers and consultants. However, are there really that many occurrences that qualify to meet the requirement of being termed a “Black Swan” or are we just caught up in the popularity of the moment?
There is a general lack of knowledge when it comes to rare events with serious consequences. This is due to the rarity of the occurrence of such events. Rare events present challenges for Planners, Strategists and CEO’s. This requires a rethinking of contingency planning, competitive intelligence activities and cross-functional relationships internally and externally.
This webcast looks at how the Strategist, Planner and CEO can respond to the challenge - to develop strategies that are flexible enough to adapt to unforeseen circumstances while meeting corporate goals and objectives, and concludes with a discussion of 12 Steps to get from here to there and temper the impact of Black Swan.