A new whitepaper from global risk consultancy Control Risks addresses how businesses should rethink their global corporate response to social unrest.
The COVID-19 pandemic has intensified and accelerated the threat posed by unrest to businesses – not only in the US, but globally. While the reasons for unrest may not have changed, the environments in which organizations now operate are different and so the expectations of stakeholders are likely to change.
In the report, Rethinking your global corporate response to social unrest, Jacqueline Day, Sorana Parvulescu, and Charles Hecker explain why it’s time to embrace a longer-term view and mindset that acknowledges unrest as the “new norm.” The whitepaper shares five key issues every company should consider when approaching risk arising from social unrest as well as five actions every company should take to prepare for such activity.
The five considerations include, objectively assess your risk management programs and longer-term security needed; evaluating crisis management team membership and bandwidth; defining your organization's social and community engagement agenda; refocusing the enterprise's government relations program and approach to political risk management; and challenging previous thinking on duty of care as well as revisiting associated policies.
For more insights from the whitepaper, click here.