Assuming the action we are looking for is an email action, we'll need to "Add new Action" to the reset action, select "Email/Page Action" and configure the desired settings (including SMTP server.) Otherwise, you will just see an event occur in the console (default) upon reset.
Alerts are covered in depth in page 81 of the Admin Guide: http://www.solarwinds.com/documentation/Orion/docs/OrionNPMAdministratorGuide.pdf