Bolster enterprise resiliency
Reduce risk exposure
A world of uncertainty and fragility but also opportunity
Hatch is here for you
The journey to effective risk mitigation
Studying the tails of distributions is essential for risk management. Whether in probabilistic risk assessment or even in qualitative hazard studies, risk management aims to understand tail events. Risk measures such as value at risk or expected shortfall are essentially measures of the distributions’ tails. So, if you’re concerned about your project cost overrun risks, for example, you’re worried about the tail of the cost distribution.
Everyone wants to believe that a catastrophic event would never happen to them. But the truth is—it can. Let's take a look at five steps to build an impartial process to mitigate and help prevent devastating catastrophic events.
Nobody wants to receive news that a loved one has died in an industrial incident. Yet the realities of catastrophic risk remain poorly understood and thus poorly managed by many organizations.
Strategies for positive change
The global economy is navigating unprecedented circumstances, but there is a silver lining. Right now is one of the best times in your business’ history to take advantage of the opportunity for transformative change.
How to assess your organization's change readiness and why it's an indispensable step you can't afford to skip
Your organization’s change readiness is fundamental for long-term business success and provides widespread benefits.
Positive change doesn’t just happen at the flip of a switch—it requires a fundamental shift in mindset
Many organizations are quickly realizing that an important part of building more resilient businesses involves changing our attitudes and approaches to change itself.
As organizations go through change, when it comes to managing that change, it’s critical to have a dedicated leadership team that’s committed–to communicating with honesty, to understanding your people, and to leading by example. And to do so effectively takes a lot of hard work.
Change is inevitable. Change is constant. Change is hard. It’s a game of dominoes, where the organization and its people are the players.
Tuesday, July 20, 2021
August 4, 2021