How Flexible is Your Company?

By Joe Anderson, CPCU, ARM AFSB, CBRA

Principal & Fractional Chief Risk Officer


How well do you bounce back? I used to like the Gumby toy when I was a kid. You could pull him, twist him, and stretch him ... and he would always bounce back. Wouldn't it be great if our companies could always do that -- bounce back from disasters?

Resiliency is what many businesses want; however, they tend to have a hard time implementing the needed systems to obtain it. They are left wondering, "How will my people, processes, trusted partners, and clients respond and rebuild in a business disaster?"

Here are some very interesting stats from on the 2025 KPMG Risk and Resiliency Survey (conducted with 208 C-Suite execs of corporations of $4 billion+ and of 1,000 EEs or more):

- Only 48% have a centralized structure for managing risk and resilience

- Only 26% have a cross-functional view of risk (an understanding of how each exposure impacts each business function)

- Only 15% are reliant on advanced analytics or Risk KPIs

- Only 36% have a fully documented and completely applied Risk Strategy and Policy.

- Only 46% of these C-Suite Respondents (typically CFOs and CROs) are very confident that company leadership recognizes the associated risks of a critical process outage or failure.

And this is a survey of companies $4 billion or more. I wonder what we would find in companies under that mark? Companies of $80 million or $650 million or $1.5 billion?

If your strategic plan and implementation for Risk Management & Business Resiliency needs some work, our team of experts at Fortify Risk Management, LLC stand ready to help. We help you bounce back well! And we build corporate resiliency, so you can advance, when others retreat (or are still reacting to a disaster).

Source: https://kpmg.com/us/en/articles/2025/kpmg-risk-resilience-survey.html

Next
Next

Layoffs in Accounting Due to AI