2020 has put businesses of every size and type on an even playing field. We are all navigating a new world and rethinking the nature of work. One of the biggest impacts across all industries has been in the area of risk mitigation. Companies must figure out how to maintain continuity of work, manage a remote workforce, streamline production and maintain quality customer service. While it may have taken a pandemic to understand the full impact of risk management, now is the time to analyze business operations and plan for a more resilient economic future.
The Small Business Development Center – Lynchburg region is hosting a two-part, online, FREE webinar series on risk and hazard mitigation. Led by industry experts that live right in our community – Jennifer Woofter and Bill Bohn – this series is designed to help small businesses and nonprofits practically and intentionally take a deep dive into their own company’s risk mitigation plans. Assessing not only physical assets, but building location, staff locality (what if they can’t get in to work because of a flood?), supply chain and emergency protocols, participants will learn how to:
- Identify Risk
- Mitigate (or reduce) risk
- Adapt to risk
Through real-life examples, practical application, worksheets and other tools, companies will be able to strategically look at their own plans and see where they may be able to think creatively about their mission, what risks are ‘worth it’ and where they can mitigate risk in other areas. By providing language to use in talking with insurance companies, adjusters and other experts, businesses will be able to better navigate their own assets. Rather than reacting to an emergency situation, the Risk Mitigation series will help you to think proactively and adapt to risks in advance.
The Risk Mitigation Webinar will be held Thursday, September 17th and Thursday, October 8th from 9 am – 11 am. Participants will be offered the opportunity to also sign up for an individualized one-on-one session with one of the presenters, to walk through their company’s own risk mitigation plan together.