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

Posted June 25, 2020 | Leadership | Technology |
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 a Partner with Arthur D. Little (ADL), based in London. 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 reduction strategies, including insurance and captive management; and governance… Read More
Carl Bate
Carl Bate has cross-industry experience with a focus in digital health. Recent work includes leading the reconception and rebuild of a global leader in adherence tech's real-time remote patient and disease management Internet of Medical Things platform; applying AI/ML for radical efficiency improvement in adverse event detection for a global pharmaceutical; creating a business model strategy for a medtech innovator combining sensortech, SaaS,… Read More
Craig Wylie
Craig Wylie is a Senior Consultant with Cutter Consortium; a Partner at Arthur D. Little (ADL), based in New York; and a member of ADL's global Healthcare & Life Sciences practice. His expertise is in the regulated functions of the life sciences industry, in particular, post-merger integration, R&D strategy and operations, inspection readiness, and findings remediation. Mr. Wylie's background is in R&D and quality operations, and he… Read More
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