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Loyola University Chicago

Quinlan School of Business

Innovation

Innovation: Building Company Resilience

December 10, 2014

Part II of the Center for Risk Management’s series on corporate resilience offers a one day program focusing on case studies, frameworks and tools from companies that are leveraging innovation as a core component of their resilience strategy.  Learn about companies that have successfully leveraged new technologies and trends through creating a culture of ongoing business model innovation versus incremental development of core assets.

Innovation, when built into resilience, enables companies to redefine and redeploy risk-taking to effectively anticipate, adapt to and/or rapidly recover from a potentially disruptive event. 

Companies are challenged by what appears to be a contradiction of terms between resilience and innovation.  According to the U.S. Department of Homeland Security, resilience is the ability to reduce the effects of the magnitude and duration of disruptive events.  Yet many companies drive resilience through risk-mitigation strategies that, by their very nature, paralyze innovation and limit capacity to recover from a disruptive event.  

Resilience and innovation, when brought together, empower companies to proactively neutralize disruptions caused by terrorists, hostile nation states or cyber criminals, enabling business continuity and protecting company value and reputation. 

The Center for Risk Management invites you to join your peers and subject matter experts for a full day of executive dialogue to explore the inter-connectedness between emerging vulnerabilities, risk-taking, company preparedness and the increasingly important role that innovation will play in responding to—perhaps even embracing—disruptive events.

 Session highlights include:

Location:

The Delaware Room
The Talbott Hotel
20 E Delaware Place
Chicago, IL 60611

ADENGA

Seminar II

Innovation: Building Company Resilience

December 10, 2014 

TimeActivity
10:00-10:15     a.m.

Welcome and Opening Remarks

10:15-11:00 a.m.

Defining Innovation as a Resilience Capability: Clearing Up Its Ambiguities through Understanding Operational Disruption and Response

11:00-11:45 a.m.

Seeding Self-Transformation:  Why Multi-Nationals are Investing in Companies that will Ultimately Disrupt Their Own Business Models

Michael Graber, Managing Partner, Southern Growth Studio

11:45 a.m.–12:30 p.m.

Trans-Disciplinary and Cross-Thematic Considerations in Integrating Innovation into Company Resilience: Roles Played by Governance, Sustainability and Risk 

Gary Lawrence, Vice President and Chief Sustainability Officer, AECOM

(Refreshments Available During Sessions)

12:30–1:30 p.m.

Entrepreneurs vs. Top-Down Innovation:  How C-Suites Can Enable Great Ideas to Succeed Before They Go Somewhere Else

David J Westfall, Sr., Director, Decision Support and Innovation Leader, Aon-Hewitt

1:30–2:15 p.m.

Case Stories:  What They Reveal About Real Versus Attempted Innovation

(Refreshments Available During Sessions)

2:15–3:00 p.m

The Passionate Pursuit of Improvement: The Importance of a Fail-Fast Approach to Innovation- How Corporations Can Act Like Lean Start-Ups 

3:00–3:55 p.m.

The Role of Public-Private Partnerships: How Company, University and Government Collaboration Helps Advance Technological Research

3:55–4:00 p.m.

Seminar Adjourns 


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Loyola

Quinlan School of Business · 820 N. Michigan Ave., Chicago, IL 60611
Phone: 312.915.7057 · quinlan@luc.edu

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