Forum Host Bill Raisch: Edward, Cisco is essentially a wide web of interrelationships and operations across an extensive global footprint. You had responsibility for risk in the supply chain, which if I recall correctly runs into the thousands of suppliers, as well as responsibility for security, safety and business continuity for Cisco. That’s a lot of moving pieces and functions. You’re now working on an enterprise resilience platform at Intrapoint.
What do you see the most important disruptors facing global corporations, markets and/or wider society?
Rapid and / or incorrect information flow i.e. stock market recently, highlights the need to be prepared as you are tried in the public with no time to formulate
Mother nature – seems as volatility is accelerating in combination with interdependencies – low cost regions more susceptible
Accelerated rate of change, both in tech and customer preference, highlights need for forward thinking and agility built into capabilities and mindsets.
Bill Raisch: What do you see as potential impacts of these disruptors?
- Brand reputation
- Market share loss
Bill Raisch: What strategies would you suggest to address these disruptor – to either mitigate negative impacts and/or to capitalize on potential opportunities?
- Develop all hazard plans that can be adapted and invoked through imbedded processes and accelerated and replicated with technology
- Develop a process for assessing and addressing risks on the horizon – must companies do the former, not the later
Posted by Bill Raisch, Host – Global Disruptors Forum