Taking a holistic approach to risk management is essential for long-term success. Instead of addressing risks in isolation, utilities must integrate data-driven insights, cross-departmental collaboration, and proactive planning to develop a comprehensive strategy. A well-rounded approach considers not only immediate threats, but also long-term resilience, ensuring that risk mitigation efforts align with broader operational, regulatory, and financial goals.
We illustrate the foundational elements needed to build a sustainable risk and emergency management ecosystem.
