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This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in businesscontinuity management. The terms businesscontinuity and business resilience are superficially similar and a world apart. Then came the game-changer that was the September 11, 2001, terrorist attacks.
In today’s post we’ll look at the top 10 free or almost free resources businesscontinuity management professionals can utilize to help them raise their BCM skills and effectiveness to ninja level. Much of this change was propelled by the September 11, 2001, terrorist attacks.) BCM consultancy websites. Other BCM professionals.
These findings (and many more) show that fraud is a widespread risk that can affect any organization, its businesscontinuity, and its reputation. So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? These consequences came to pass when the Enron scandal broke in 2001.
This is a classic businesscontinuity and emergency response incident, and I thought I would examine it through the lens of a couple of risk management concepts: black swan events and Reason’s Swiss cheese theory. Black swan events, popularised by Nassim Nicholas Taleb, are rare events that have a major impact when they occur.
September 11, 2001, was a terrible day—but for the most part we’ve had the luxury of treating foreign affairs as optional, at least compared to most other countries. Then develop ways to mitigate the threats, focusing on the threats that are the likeliest to occur and those which would cause the greatest impact if they did occur.
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