Forward looking business leaders aren’t waiting for the post-COVID-19 era to happen. They’re shaping the technology trends and risk processes that will support future work environments.
Business leaders will need to shore up their productivity through technology, automation and risk management to cope with the pandemic and a shrinking workforce.
What the future of ‘work’ looks like beyond the profound disruption caused by the coronavirus pandemic can’t be predicted with certainty. But business leaders can be confident of this: Successful leaders don’t wait for the future to happen to them. To paraphrase a widely credited maxim of modern leadership, the best way to foretell the future is to create it.
Technology trends are accelerating rapidly due to the pandemic, such as;
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- Digital Operating Platforms
- Cloud Computing
- Artificial Intelligence
- Risk Management
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Those business leaders, adopting the use of technology, might just accelerate it, and that the coronavirus pandemic will in fact provide ‘proof points’ that companies further along in digital and risk based technologies will be best placed to withstand the crisis.
One of the weaknesses that the pandemic has exposed is just how fragile business operations are, when it comes to unplanned and unexpected developments, especially in relation to understanding the risks to their business.
Risk management strategies will be crucial to identifying processes that will yield the greatest return and mitigate risk across the business, as well as protecting the business from COVID-19 related insurance claims.
Risk management should be integrated throughout every organisation, no matter its type and size. Everyone, regardless of role and seniority, needs to be able to manage and take risk.
One certainty that I have witnessed through the Risk Dashboard has been the adoption of risk management strategies, by companies and organisations such as; Accountants, Chambers of Commerce and the Insurance sector, who have recognised the need to provide risk management and mitigation to enhance relationships and to offer a service differentiator.
Risk Dashboard is now extending it’s free COVID-19 secure technology to SME’s across the UK, to ‘stress-test’ your business to determine its post COVID-19 preparedness.
The Risk Dashboard’s 6 steps to risk management, allows you to complete a COVID-19 secure audit, using it’s unique compliance technology;
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- You undertake a business audit of your organisation
- The audit interface identifies vulnerabilities, gaps and growth opportunities
- The task management function allows you to work through quantifiable risks
- Our weighted algorithm prioritises the actions that need your attention first
- Our partner programme connects you to subject matter experts for support
- Together, we create a risk-based framework to reduce COVID-19 threats and costs
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Our latest FREE to deploy solution entitled – ‘ Survival, Resilience and Growth’, has proven to be a great success for SME’s and the management of their businesses throughout the pandemic.
This latest FREE edition is the latest measure in a series of releases of support rolled out by Risk Dashboard to support SMEs during this time.
Risk Dashboard is easy to use, agile and dynamic, meaning that it is able to grow and develop with your post COVID-19 secure business needs.
You need to ask yourself this simple question – can I afford NOT to undertake a FREE audit of my business?
If you would like to download your FREE edition to assist you in your grant application, whilst developing your post COVID-19 resilience strategy for survival, please see your local Growth Hub, Accountant of Business Advisor for a FREE to use licence, or contact the Risk Dashboard using: https://www.riskdashboard.co.uk/SRG/ using voucher code: NCBA3 or contact Neil Campbell, Commercial Director at Risk Dashboard on info@riskdashboard.co.uk.
We look forward to hearing from you.