Everbridge, Inc. today announced the results of the company’s 2024 Best in Resilience Study. The study showcases the essential capabilities of top-performing organizations that enable them to remain resilient as they navigate unforeseen challenges and emerge stronger in the face of adversity.
“Understanding risks to our employees and operations allows us to plan accordingly and respond more efficiently,” explained Chris Green, Incident Response Manager at American Family Mutual Insurance, an Everbridge Best in Resilience certified company. “When incidents happen, we can quickly assess risks and communicate with employees to account for their safety, and coordinate with our Incident Management Team.”
The Everbridge 2024 Best in Resilience Study reviewed thousands of data points from the previous year, from how organizations detect and assess real-time risks to their employees, assets, and locations; to how well they communicate with their people in the face of those threats; and finally, how well organizations assess their competencies and identify their strengths and opportunities for improvement.
Best in Resilience Study – 2024 Benchmarks for Organizational Resilience
Highlights
- A review of 500,000 global risk events in 2023 reveals that climate-related events account for 52% of all risk events. Summer months have the highest number of risk events.
- Top-performing organizations assessed approximately 5,500 “severe” or “extreme” risk events in 2023. 15% of events prompted employee alert notifications.
- Hurricanes, geopolitical conflicts, and civil unrest events were the most likely to trigger employee alerts, with the highest number of alerts sent for flood and tornado risks. The average organization sent 44 employee alert notifications for flood events in 2023.
- Top-performing organizations sent employee notifications that requested a response to confirm they received the alert or account for their safety. Organizations across numerous sectors received 80% response rates when sending to over 1,000 employees, and many often received over 90% response rates.
- Top-performing organizations sent employee alerts within 10 minutes of receiving a risk event alert.
“The findings of the 2024 Best in Resilience Study underscore the critical importance of resilience in today’s rapidly evolving landscape,” said Tracy Reinhold, Chief Security Officer at Everbridge. “The study illuminates the critical role proactive risk detection, effective communication, and continuous improvement play in safeguarding businesses and ensuring their sustained success. By leveraging insights from top-performing organizations, businesses can strengthen their preparedness and response capabilities, ultimately enhancing their ability to navigate and thrive in the face of risk.”
Organizations monitor a tremendous number of risk events to protect their employees and maintain business continuity, and they need an efficient process to notify staff and account for their safety.
Everbridge reviewed the communication activity of Best in Resilience certified organizations—which includes several Fortune 500 companies across numerous sectors. The study found that these organizations assessed nearly 5,500 severe or extreme risk events that are in proximity of their people and operations, and 15% of these risk event alerts were communicated to their employees by sending a multi-modal notification—often sent via email, SMS text message, mobile app, desktop alert, and phone call.
To read the full results, go to 2024 Best in Resilience Study.
