Showing posts with label #Risk. Show all posts
Showing posts with label #Risk. Show all posts

Wednesday, December 13, 2023

🚚IMSPARK... Securing Our Supply Chains with the New Supply Chain Resilience Center🚚

🚚Imagine... Securing Our Supply Chains with the New Supply Chain Resilience Center🚚



💡 Imagined Endstate: 

A future where the U.S. government and the private sector work together to ensure the security, resilience, and efficiency of our critical supply chains, and where Americans can access the products they need at reasonable prices and without disruptions.

🔗 Link: 

Retrieved from https://www.dhs.gov/news/2023/11/28/securing-our-supply-chains-new-supply-chain-resilience-center

📚 Source:

Department of Homeland Security. (2023, November 28). Securing Our Supply Chains with the New Supply Chain Resilience Center. 

💥 What's the Big Deal: 

The global pandemic and other threats have exposed the vulnerabilities of our supply chains, which affect our economy, national security, and public safety. 🛡️The new Supply Chain Resilience Center (SCRC) will collaborate with industry and other stakeholders to identify and mitigate risks, 🚨conduct scenario planning, and enhance preparedness for potential disruptions.🔋 The SCRC will also help safeguard our critical infrastructure and emerging technologies from adversarial threats.


#PandemicPreparedness, #SCRC, #SupplyChainResilienceCenter,#Risk, #CriticalInfrastructure,#IMSPARK, 



Monday, November 27, 2023

🌐IMSPARK: AI Enhancing National Security and Economic Growth🌐


🌐Imagine... AI Enhancing National Security and Economic Growth🌐

💡 Imagined Endstate:

The U.S. government leverages AI to improve its defense capabilities, protect its citizens’ privacy, and foster innovation and competitiveness in the global market.

📚 Source:

White House. (2023, October 30). Executive order on the safe, secure, and trustworthy development and use of artificial intelligence. 

🔗 Link:

White House Brief

 💥 What's the Big Deal: 

AI is a powerful tool that can enhance the U.S. national security and economic growth, 📈but it also poses significant challenges and risks. The executive order establishes principles and guidelines🔍for the federal government to ensure the responsible and ethical use of AI, while promoting its development 🤝and adoption.


#AI,#capacitybuilding, #globalmarket,#Innovation,#risk,#IMSPARK, 









Saturday, November 18, 2023

🔀IMATRIX: Ten key requirements for a systemic approach to climate adaptation🔀

 

🔀IMATRIX: Ten key requirements for a systemic approach to climate adaptation🔀




Ref: https://www.mckinsey.com/


#

Method

Description

Relation to Communities

1

Granular Understanding of Evolving Physical Risk

Deep understanding of physical hazards and their effects under different climate scenarios.

Community leaders and businesses analyze current and future physical risks to their assets, requiring continual updates based on evolving data and insights.

2

Risk Preferences and Adaptation Trade-offs

Setting explicit risk preferences as the foundation of a robust adaptation plan.

Organizations and communities continually reassess risk preferences over time, guiding decisions on where and how to adapt based on acceptable risk levels.

3

Technological and Physical Adaptations

Identification, development, and deployment of technological and physical levers for climate adaptation.

Implementation of measures like fortifying assets, deploying climate-controlled technologies, and advanced warning systems to address physical risks effectively.

4

Acceptance of Behavioral Interventions

Utilizing behavioral interventions to reduce climate risks.

Communities and populations accept changes in behavior or lifestyles, sometimes incurring additional costs, to reduce specific climate risks.

5

Effective Capital Allocation and Financing Structures

Developing estimates of financing needs and fostering financial innovation for climate adaptation.

Comprehensive strategies involve understanding risks, determining acceptable levels, identifying adaptation levers, and organizing financing based on impact and cost.

6

Risk Pricing and Transfer Mechanisms

Implementing effective risk pricing and transfer mechanisms, including insurance.

Pricing risks accurately through insurance premiums and informing stakeholders of their full magnitude to facilitate effective capital allocation decisions.

7

Compensating Mechanisms for Vulnerable States

Establishing compensating mechanisms for vulnerable states and communities disproportionately affected by climate change.

Addressing the economic exposure and adaptive capacity of low-income regions and households through compensatory measures.

8

Effective Governing Institutions and Policies

Establishing effective governing institutions and policies for enabling adaptation.

Local, national, or global institutions set standards, share best practices, ensure access to data and education, and provide mechanisms for risk transfer and funding.

9

Community Awareness and Engagement

Fostering community awareness and engagement for successful adaptation.

Success depends on communities' willingness to act, achieved through structuring proposals around their interests, close consultation in planning, and active involvement in implementation.

10

Commitment by Public- and Private-Sector Leaders

Coordinated leadership from public- and private-sector leaders for successful adaptation.

Commitment, transparency, and collaboration among leaders are essential for implementing physical building blocks and securing economic and societal adjustments.


#Risk,#trade-offs,#ClimateAdaptation,#ClimateChange,#exposure,#policy,#IMSPARK,

Sunday, October 22, 2023

💼IMSPARK: Navigating Business Risk in the Pacific: Turning Challenges into Opportunities💼

 

💼Imagine...Navigating Business Risk in the Pacific: Turning Challenges into Opportunities💼


💡 Imagined Endstate:

In a rapidly changing Pacific business landscape, organizations understand and effectively manage diverse risks, transforming them into opportunities for growth and resilience.

📚 Source:

McKinsey & Company. (2023, August 23). What is business risk? McKinsey & Company.

🔗 Link:

 https://www.mckinsey.com/business-functions/risk/our-insights/what-is-business-risk


💥 What's the Big Deal:

The Pacific region's business environment is evolving, marked by unpredictable socio-political, economic, and climate-related shocks. 📊To thrive, organizations must embrace dynamic risk management, fortify their risk culture, and stay ahead of emerging threats. 🌐By adopting a risk-based cybersecurity approach, they can safeguard their digital assets from cyber threats. 📈This comprehensive approach, backed by agile practices and data-driven decision-making, enables organizations to not only survive but flourish in the face of uncertainty, transforming risks into opportunities.


#Risk,#EconomicDevelopment,#Data,#agility,#IMSPARK, 

 

🔬 IMSPARK: Unveiling New Climate Insights🔬

🔬 Imagine... Unveiling New Climate Insights🔬 💡 Imagined Endstate :  A world enlightened by groundbreaking climate science, guiding target...