Risk Forecasting for Dynamic Resilience: Preparing to Thrive in Challenging Times

We are living in a connected world - one that is shaped by risks ranging from financial market instability to limited resource availability and climate change. No matter how accurate our forecasts and plans, some risks will always remain random and unpredictable. Yet, when they converge as they did in Japan this spring, the effects are compounded, global and local.

How should individuals, organizations and communities prepare for such risks? The answer, according the new global Risk Response Network (RRN), sponsored by the World Economic Forum, is “dynamic resilience” defined as the ability of regions, organizations and individuals “to reorganize under change and deliver[their] core function continually, despite the impact of external or internally generated risks.”

In this presentation Oliver Markley will review leading futurist practices for risk identification and mitigation, including a scenario for Central Texas that demonstrates how our community could benefit from improved dynamic resilience. You will walk away from his presentation with an understanding of risk and resilience, as well as a framework for navigating the challenges ahead. Don't just survive disruptive change - prepare to thrive!

About

Oliver Markley, PhD, is Professor Emeritus and former Chairman, graduate program in Studies of the Future, University of Houston-Clear Lake, and former President, Central Texas chapter of the World Future Society. Recently published journal articles on his “wild card” risk research can be seen and downloaded here.