Recent Events

January 2013 Update

January 5, 2013 3:45 PM

This month: Live web conversation on Extreme Weather: World Experts Assess Prospects For Continuing Global Disruptions, featuring Thomas Kerr, Director, Climate Change and Green Growth Initiatives, World Economic Forum; The Early Warning Initiative Announced.

The following are upcoming activities of the Global Risk Network (GRN), a consortium of leading multinational corporations committed to jointly addressing shared operational risks to their global operations in collaboration with governments, NGOs, and other stakeholders worldwide.

The GRN is hosted by InterCEP (the International Center for Enterprise Preparedness) at New York University.

Upcoming Web Conversations
>Extreme Weather: World Experts Assess Prospects for Continuing Global Disruptions
Wednesday, January 30th, 11AM EST

Special Projects 2013
The Early Warning Initiative: Threats & Opportunities from Emerging Disruptions
>A first-of-its-kind "radar check" study of impending disruptors of business operations and wider markets will compile and distill the insights from some of the world's leading research organizations, think tanks, and forums including the unaffiliated World Economic Forum, Aspen Institute, OECD, and others. The initiative will also be informed by input from targeted but diverse global corporate leaders across a range of job titles, senior government officials, and other international stakeholders.
There will be ongoing development and evolution of the four current special projects:
>Identifying the Bottom-Line Value of Risk Activities & Communicating It to Senior Management: Compendium of Strategies and Corporate Tool Box
>Social Media Risks & Opportunities: Best Practices and Evolving Strategies
>Risk Information Processing: Gaining Accurate Situational Awareness in Crisis
>Cyber Security Compendium of Initiatives: Clarifying Confusion Due to the Diversity of Cyber Threats and Programs
Three new deliverable-oriented special projects will be identified and delivered in 2013 based on GRN Member needs. The Early Warning Initiative will be the first.

Upcoming Face-to-Face Forums
Europe: Berlin Forum - tentatively scheduled for April 2013 with additional details to follow shortly.
Americas: All principal members from the Global Risk Network companies will be able to participate free-of-charge in the Global Disruptors Summit to be held in New York City on June 4-5, 2013. This is a distinct event not affiliated with New York University or the Global Risk Network. However, the conference's planned 24 sessions on prospective disruptive forces can provide important input for GRN member discussions which will be held separately. The Global Disruptors Summit will be chaired by Bill Raisch and the activities of the Global Risk Network will be featured as best practices. Wider membership in the Global Risk Network will be encouraged at this conference which is expected to draw a large audience in addition to invited GRN principal members. Click here for more information on the conference. GRN members should contact InterCEP directly to register on a complimentary basis (InterCEP@nyu.edu).
Asia: India and Hong Kong locales under consideration - interested hosts welcomed

Additional Information on Above Activities Follows Below

January Web Conversation: Extreme Weather: World Experts Assess Prospects for Continuing Global Disruptions

On Wednesday, January 30th, at 11am Eastern, the Global Risk Network will host a fast paced, interview-oriented conversation on the topic of extreme weather featuring the below panelists:

>Thomas Kerr, Director, Climate Change and Green Growth Initiatives, World Economic Forum, Geneva
>William L. Chameides, Ph.D, Dean, Nicholas School of Environment, Duke University
>Dim Coumou, Ph.D, Senior Scientist, Group Leader of DFG Project STACEE (Stability of Atmospheric Circulation Patterns and its relation to Extreme Events); Potsdam Institute for Climate Impact Research
Date: Wednesday, January 30, 2013
Time: 11 am EST -- 12 pm EST

Special Project: The Early Warning Initiative: Threats & Opportunities from Emerging Disruptions

Goal: The goal of this study is to search the wide array of research and forums to succinctly distill potential "disruptors," their prospective impacts (both positive and negative), and possible strategies to address them. Disruptors are considered any force or factor that may substantially disrupt global markets, business operations, governments, or wider society in the near term.

Rationale: This study is being developed in response to the repeatedly stated need of senior managers who are concerned about the increasingly dynamic and uncertain business environment yet who have limited time and resources to adequately monitor relevant research and other intelligence -- essentially "to make sure that we are not missing something important on our radar,"

Process:
>Global Search: A global search to identify key research efforts and other reporting with insights from senior level corporate and governmental organizations is underway.
>Distillation: Identified research and reporting will be reviewed and distilled for content on disruptive forces.
>Quick Review Organization: Findings will be organized for improved insight and quick review with drill-down structure for further details as desired.
>Ongoing Monitoring: Identified resources and disruptive factors will be monitored to maintain an ongoing "radar check" capacity with periodic updates on the summary report provided to Global Risk Network members.
All corporate members of the Global Risk Network will have access to this reporting which can serve as an important planning resource. Quarterly or semi-annual updates are in consideration.