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  "documentTitle": "Hyper-disruption demands constant reinvention",
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      "text": "Our Risk Study: 2024 Edition, which surveyed over 700 risk professionals worldwide, reveals that businesses, just like Andrée and his companions, are underprepared for a hyper-disruptive risk climate where risk is everywhere.",
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      "text": "Today, businesses can learn much from the experiences of Andrée and his fellow explorers. Success means preparing for the unexpected. Organizations and their risk leadership need to raise their game in a business climate where compounding and interconnected risks undermine business resilience and growth. The status quo won't cut it, nor will a “good enough” mindset and approach to risk management. Our Risk Study: 2024 Edition, which surveyed over 700 risk professionals worldwide, reveals that businesses, just like Andrée and his companions, are underprepared for a hyper-disruptive risk climate where risk is everywhere.",
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      "text": "An innovative steering system would help ensure a straightforward journey. Extra fuel was stowed in case of leakage. And, in the unlikely event of a crash, guns, snowshoes and even a boat would allow the group to reach safety. They knew the risks and seemed prepared for anything. Unfortunately, moments after launch, the balloon careened into the ocean. Sand was thrown overboard to lighten the load and allow the basket to clear the water. The tactic worked, but the lower weight rendered the steering system useless, and the balloon rose to a dangerous height of 700 meters. Low air pressure accelerated hydrogen escape, causing the balloon to crash a few days later, precipitating a series of cascading issues. The men were well-prepared to deal with individual threats but failed to anticipate their compounding effect and resulting web of risks.",
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      "text": "In July 1897, Swedish explorer S. A. Andrée and two friends climbed into the basket of a hydrogen balloon in the remote, snow-covered island of Svalbard. Their mission: fly over the North Pole before landing safely in Canada or Russia.",
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