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What to Do in a Pandemic: Managing Risk with AI and ML

Posted June 25, 2020 in Business Technology & Digital Transformation Strategies
What to Do in a Pandemic: Managing Risk with AI and ML
Established risk management methodologies and approaches tend to be static in nature and lead to models that are backward-looking. During the COVID-19 crisis, many companies have found their decision-making tools and dashboards for crisis management and business continuity to be inadequate given the geographic scale of the disruption. New risk models look ahead by utilizing AI and ML and can be continually updated as more data becomes available. In the first in a series of webinars, Tom Teixeira, Carl Bate, and Craig Wylie answered some questions about what risk management looks like in this changing business landscape.
About The Author
Tom Teixeira
Tom Teixeira is a Senior Consultant with Cutter Consortium and an Arthur D. Little Partner. He has more than 20 years’ risk management experience, both in senior consulting and operational roles. Mr. Teixeira’s key areas of expertise include risk-based strategic planning and forecasting; risk analysis and quantification; total cost of risk (TCOR) reduction strategies, including insurance and captive management; and governance, risk, and… Read More
Carl Bate
Carl Bate is a Senior Consultant with Cutter's Business Technology & Digital Transformation Strategies practice. He is also Partner of Arthur D. Little (ADL), co-founder and co-leader for ADL's Digital Problem Solving Practice, and Global Lead for ADL Digital Health.  Based in London and New York, Mr. Bate specializes in intractable problem solving using tech innovation. Mr. Bate has cross-industry experience with a focus in digital health… Read More
Craig Wylie
Craig Wylie is a Senior Consultant with Cutter Consortium and a partner at Arthur D. Little. His expertise is in the epcific regulated functions of the life sciences industry, and in particular post-merger integration, R&D strategy and operations, inspection readiness and findings remediation. His background is in R&D and Quality Operations and he strongly believes that effective management of functions such as quality, regulatory,… Read More
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