For many organizations, a crisis may lead to just financial losses. But for airlines, it could mean life or death. In this episode of Resilient, Paul Morell, the former VP of Safety, Regulatory Compliance and Environmental for American Airlines, shares what he’s learned about mitigating risk in the airline industry — and how companies can get ahead of tomorrow’s risks.
Paul and Deloitte Advisory’s Mike Kearney discuss the importance of integrating risk management with the entire organization and shifting from a reactive approach to a proactive one.
“The other perspective is just having the foresight to be looking at these things. Not living day to day, but looking at tomorrow. Then when we’re planning for tomorrow, what are the risks that we might encounter? It’s about staying on top of that because, as you well know, everything’s changing.”