With growing threats to utility services from natural disasters, cyber and physical attacks, and aging infrastructure, electric utilities need to increase their organizational resilience to better respond to these events when they occur. Utilities must navigate these challenges amid the expectations of customers with restoration and increased scrutiny of regulators, legislators, and other stakeholders.
Utilities also need to balance these issues with customer cost concerns and their expectations on quicker restoration during outages, as well as more effective communications on ETRs (along with accuracy). Chartwell’s utility-only Organizational Resilience Executive Council (OREC) aims to develop collective strategies and best practices to navigate these pressures and address evolving challenges. Changes in organizational resilience require executive leadership to change culture and increase preparedness.
OREC brings utility executives together to tackle pressing industry challenges, exchange best practices, and develop effective strategies to navigate the rising threats of extreme weather and critical events.
The members and leadership of OREC will create a living document of best practices on the most pressing topics related to organizational resilience.
Members will meet in person annually at the site of Chartwell’s PowerUp Conference for a full day of sessions across prioritized topics.
Benchmark how to align organizational resilience functions within your organization, develop means to measure resilience, and identify how your organization compares to peers across North America
Build a network of utility-exclusive executive-level peers you can engage in confidential discussions about organizational resilience
Collaborate with utility peers and Chartwell’s utility industry experts to produce and distribute a “living best practices document” for utility resilience strategies
Chartwell Executive Issues Papers | No. 05
Improving Emergency Management (EM) is paramount for utilities facing increased risks from a host of threats that continue to grow in frequency, complexity, and severity. From mega-wildfires, superstorms, and other climate-related catastrophes to cybersecurity and physical attacks, these threats require utilities to adapt and improve their strategies to minimize operational disruption and customer dissatisfaction.
While standardized EM structures have their merits, Chartwell research indicates there is no one-size-fits-all solution that can meet the needs of all utilities. Critical to success is tailoring a flexible solution that meets the needs of the organization and at a price that values the impact on customers.
Chartwell membership provides electric, gas, and water utilities across North America with access to unlimited industry research, benchmarking, peer networks and leadership programs focused on customer experience, digital transformation, operational excellence, resilience, utility innovation and more. Through membership councils, conferences and research publications and resources, utility professionals gain actionable insights and best practices to improve performance, engage customers, and address evolving industry challenges.