If your team is tasked with managing any type of risk for your organization, you probably are faced with a challenge we hear about every day: sifting through massive amounts of data to detect risks that matter to you.
Andrew Blau, managing director of Deloitte & Touche LLP’s Strategic Risk Solutions practice, touched on this in a recent Deloitte Insights post on WSJ.com.
“The problem for most business leaders is not a lack of information; it’s an inability to identify and distinguish the signal from the noise. In fact, a glut of data can make it harder to see strategic risks.”
Blau is focusing specifically on strategic risk here, but that same concern is even more of a priority for organizations dealing with supply chain risk, threats to facilities, and risks faced by employees, travelers and expats.
|The old way: Monitoring multiple data feeds viewed on a dozen different |
screens, leaving you to react after a risk event impacts your employees,
facilities and other assets.
Those types of risks can come from anywhere, traffic disruptions, weather, terrorist activity, crime and more, which means you need to be monitoring hundreds if not thousands of risk events globally. Despite best efforts, the old way of monitoring these events is through multiple data feeds viewed on a dozen or more different screens leaving you to react to threats after they've become a problem, instead of mitigating them proactively.
With an enterprise risk visualization platform, like Visual Command Center, your company’s facilities, employee locations, supply routes and more are integrated on an interactive global map and timeline. At the same time continuous, automatic monitoring of risk events is occurring in the background and your team receives alerts when potential risks come near your assets.
|The new way: Enterprise risk visualization alerts you when |
risks could impact your assets, and provides tools to
enable you to quickly assess the risk and take action.
One of the benefits of a single platform for risk awareness and response is that it integrates over 100 premium risk data feeds from top providers, which are displayed in relation to your company’s assets. The Visual Command Center platform can also integrate additional connections which integrate data from additional sources, including social media, security video management systems, and TravelTracker, the International SOS traveler management system.
It is also extensible and customizable to meet your specific needs, so developers can connect it with propriety or internal incident management systems, mass notification systems, and much more.
A powerful ERV platform does more than help you sift through data and alert you to potential threats. Visual Command Center supports you as you assess whether a risk is a threat and empowers you to take quick action to protect employees and facilities.