The bottom line: look at the whole
Whether you call it an integral, holistic or all-encompassing approach: it is all about coherence. DNB paints a clear picture of our “bleak” world, in which geopolitical instability, cyber risks, climate change and economic shocks reinforce each other. These challenges do not stand alone; they interlock and make the playing field unpredictable. That sense of interconnectedness between risks really stands out for me in the report. Although DNB logically focuses on the financial sector, the impact of these risks does not stop at the borders of one sector.
What does this mean for organizations?
It is tempting to think that these risks are “too big” or “too abstract” to directly affect your organization. But that assumption is dangerous. You see the consequences every day, in all types of organizations. New laws and regulations, such as DORA, NIS2 and the CSRD, are only a part of that. The real challenge is about much more than compliance. It is about how you keep your organization agile in a world full of uncertainty. How you protect your people and innovate at the same time. And how you ensure continuity in times of crisis.
Solutions: a shared responsibility
Fortunately, the DNB is not just concerned with scaremongering. They do not only want to be part of the problem, but also the solution! There is a clear call to, for example, structurally integrate climate risks into business operations, to strengthen public-private partnerships on a national and international scale and to actively stimulate flexibility & innovation.
What this means to me
For me, the core lies in continuing to see the bigger picture. Yes, the world is complex and uncertain, but if you understand how risks are related, you can respond to them better. At Yellowtail Conclusion, we are already working on solutions that make organizations more resilient. Whether that concerns tools that provide insight into (financial) risks, or the smart use of (responsible) AI to improve processes. It is our joint task to increase resilience, not only for ourselves, but also for our customers and society.
I believe that resilience starts with embracing uncertainty and making choices that have an impact. Are you curious about how we can help your organization with future-proof solutions? Feel free to contact me, I’d love to think along with you.