A good night’s sleep for any CEO or board member starts with critical event management paid Everbridge
A Good Night’s Sleep for any CEO or Board Member starts with Critical Event ManagementIf you are an executive or an officer of a corporation or the leader of any large organization, the answer, sadly, equates to a growing number of things.from cybersecurity, violence, severe weather, and geopolitical unrest endanger things you care about, including your people, customers, facilities, supply chain, and brand.
These risks come at a cost. Each year, critical events create economic losses of hundreds of billions of dollars according to Munich Re and others. The U.S. Department of Labor identified that workplace violence alone costs 1.2 million workdays every year. In another example, Gartner estimates the average cost of IT downtime at $300,000 per hour.
Historically, most major companies have governance frameworks to assess static strategic risks. Increasingly, given the dynamic nature of today’s threat environment, business leaders require an additional operational risk framework that assesses readiness for unexpected events, from those that disrupt daily revenue generation or put people in jeopardy, to others that represent existential threats to brand and reputation.
Most importantly, CEM systems enable organizations to reduce the time to act. More time creates more options, providing businesses with the situational awareness, automation, and therefore peace of mind to turn your response and management of a critical event from reactive to proactive, eliminating or mitigating the threat and impact to your people, business and brand.
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