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I had a similar version of it, which I delivered to PlanB Consultings clients, as either in-house training courses or as part of a supply chain piece of consultancy. What I take away from looking at a new set of case studies is that MSPs and specialist outsourcers have been integral to a vast number of different organisations.
Having been in Dubai in the autumn and Oman at the moment, it got me thinking about outsourcing and how we deal with it as part of business continuity development. How can you monitor the quality and performance of your outsource partner if you don’t really understand how to carry out the activity?
Having been in Dubai in the autumn and Oman at the moment, it got me thinking about outsourcing and how we deal with it as part of business continuity development. How can you monitor the quality and performance of your outsource partner if you don’t really understand how to carry out the activity?
The Pros and Cons of Outsourced vs In-House IT Disaster Recovery The Pros and Cons of Outsourced vs In-House IT Disaster Recovery In today’s fast-paced digital business age, IT disaster recovery is a critical component of any business continuity plan and proper business resilience planning.
This is where outsourcing IT services comes in. Outsourcing allows SMBs to focus on their core business while relying on IT professionals to handle their technology requirements. Here are key IT services that businesses should consider outsourcing.
Payment Processing Providers: These organizations are participants in the payment services ecosystem and offer payment processing activities or operating payment infrastructure. Secondary providers who offer SaaS services are becoming increasingly prevalent in the financial sector due to their scalability and internet-based accessibility.
Related on MHA Consulting: Global Turmoil Making You Ill? There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. There’s been a tremendous increase in outsourcing over the past several years.
Related on MHA Consulting: What’s Ahead in the World of Enterprise Risk Management Defining Risk Management Our current environment of rising global uncertainty is leading many organizations to increase the resources they devote to risk management. It’s a permanent ongoing activity. Reducing risk.
Nick Sims of Cornwood Consulting inspired this bulletin, by sharing recent insights into supply chain issues at Aston Martin. You Outsource the Activity, Not the Risk: A fundamental lesson when managing supply chains is that if your supplier fails, the risk is still yours.
With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. Monitor your supply chain and actively plan for future disruption. Today’s supply chains are high-performing, globalized machines.
When I teach the BCI 5 day business continuity course, a key theme of the course is that “you can outsource the activity but not the risk”. I think once senior managers understand some of the risks they run with outsourcing, then the business case for outsourcing key activities is not so strong and may be abandoned.
When I teach the BCI 5 day business continuity course, a key theme of the course is that “you can outsource the activity but not the risk”. I think once senior managers understand some of the risks they run with outsourcing, then the business case for outsourcing key activities is not so strong and may be abandoned.
Mark is a proven entrepreneur, business leader and consulting expert in IT services, said Scott Ray, NexusTek COO. This is a great opportunity to leverage my knowledge and experience in consulting, integrations and growing professional services organizations to continue to build NexusTeks national presence, with a local feel and delivery.
Be ready to outsource to consultants or contractors in case there are gaps. This centralized system should be able to audit all your natural disaster communications, activities, and tasks. Processes – Prepare to update your SOPs as the ongoing pandemic continues to morph and affect public health requirements.
How do we add value to the process and provide a credible benefit to the site rather than being seen as another ‘waste of time head office initiative’, or providing zero benefit for the money spent on consultancy? This could be getting a competitor to deliver the service or looking at outsourcing the production.
How do we add value to the process and provide a credible benefit to the site rather than being seen as another ‘waste of time head office initiative’, or providing zero benefit for the money spent on consultancy? This could be getting a competitor to deliver the service or looking at outsourcing the production.
Symmetrix Solutions brings added expertise with upmarket clients further enhancing NexusTeks IT services and consulting expertise. With an all-encompassing services portfolio, infrastructure, high-touch personal attention and IT consulting expertise, NexusTek delivers true end-to-end, outsourced IT management to organizations nationwide.
For me, Cloud Computing is the same as any supply chain and outsourcing risk and we should treat it as such. Remembering the key business continuity principal, that you can outsource the activity but not the risk. The post When Cloud Computing goes Wrong… appeared first on PlanB Consulting.
For me, Cloud Computing is the same as any supply chain and outsourcing risk and we should treat it as such. Remembering the key business continuity principal, that you can outsource the activity but not the risk. The post When Cloud Computing goes Wrong… appeared first on PlanB Consulting.
Review your supply chain and outsourceactivities. The post A Checklist for the Loss of People appeared first on PlanB Consulting. There is also the possibility of cross-skilling other employees within the organisation to take on key production or service delivery roles.
Review your supply chain and outsourceactivities. If you are thinking of hiring additional employees , consider the following: Use of retired staff Temporary or agency employees Use contractors or outsource responsibilities Ex-employees Those on maternity/paternity leave Those on career breaks Apprentices or university students.
Additionally, the definition of ICT third-party providers not only includes cloud services but also network services, hardware services, and ICT consulting. This change broadens the scope of risk management considerably, and so impacted entities should take note and proceed accordingly.
Even if the threat actors don’t communicate that they have stolen your data, it’s good practice to check your firewall logs for any suspicious outbound activities. Regardless of whether you do this on your own or outsource the services of a managed IT provider, you’ll need to be thorough.
Whenever I am training I always point out ‘you can outsource the activity but not the risk’. of the settlement to charity without consulting the family and the CEO was quoted as saying ‘it was not Thomas Cook’s fault’ in Court. So the actual organisation, which caused the death of the children, wasn’t Thomas Cook.
Whenever I am training I always point out ‘you can outsource the activity but not the risk’. of the settlement to charity without consulting the family and the CEO was quoted as saying ‘it was not Thomas Cook’s fault’ in Court. The post 22/05/2015 Sorry Seems to be the Hardest Word appeared first on PlanB Consulting.
These types of assessments can be used to evaluate an entire organization (management consulting), or any specific system (IT audit), process or project. As an example, many smaller organizations use Managed Service Providers (MSPs) to outsource their IT operations and IT Disaster Recovery requirements.
These types of assessments can be used to evaluate an entire organization (management consulting), or any specific system (IT audit), process or project. As an example, many smaller organizations use Managed Service Providers (MSPs) to outsource their IT operations and IT Disaster Recovery requirements.
My second point is a continuance from last week’s point ‘you can outsource the activity but not the risk’. appeared first on PlanB Consulting. So that during an incident you can monitor their attitude and ensure that you meet their requirements.
My second point is a continuance from last week’s point ‘you can outsource the activity but not the risk’. appeared first on PlanB Consulting. So that during an incident you can monitor their attitude and ensure that you meet their requirements. We live in interesting times and I will be watching how this unfolds……….
A false sense of security Many of the small and medium-sized organizations are outsourcing some or all of the internal Information Technology infrastructure and applications to third-party organizations (e.g. In the end, they end up owning produced BCM deliverables once the BCM consultant or a firm leaves the business premises.
Many of the small and medium-sized organizations are outsourcing some or all of the internal Information Technology infrastructure and applications to third-party organizations (e.g. In the end, they end up owning produced BCM deliverables once the BCM consultant or a firm leaves the business premises. A false sense of security.
Working on the adage you can ‘outsource the activity but not the risk’, we may have to manage incidents which are caused by a third party working on our behalf. The post Bulletin Thoughts appeared first on PlanB Consulting. Perhaps this will include something practical that we can incorporate within our plans and procedures.
Working on the adage you can ‘outsource the activity but not the risk’, we may have to manage incidents which are caused by a third party working on our behalf. The post Bulletin Thoughts appeared first on PlanB Consulting. Perhaps this will include something practical that we can incorporate within our plans and procedures.
Working on the adage you can ‘outsource the activity but not the risk’, we may have to manage incidents which are caused by a third party working on our behalf. The post Bulletin Thoughts appeared first on PlanB Consulting. Perhaps this will include something practical that we can incorporate within our plans and procedures.
When you hear the term “IT services,” think of it as outsourcing specific IT functions to a third-party provider. One of the key benefits of IT services is that they allow you to focus on your core business activities while experts handle your IT needs. There’s no one-size-fits-all answer, and that’s okay.
You may also decide that you want to outsource your security checks. However, you’ll want to have your own checklist and compare it against what your outsourcedconsultants use to make sure that they have covered all the bases. Manage Cybersecurity Audits With ZenGRC Auditing cybersecurity is no easy task.
Whenever I am training, I always point out ‘you can outsource the activity but not the risk’. of the settlement to charity without consulting the family, and the CEO was quoted saying ‘it was not Thomas Cook’s fault’ in court. So, the actual organisation which caused the death of the children, wasn’t Thomas Cook.
Whenever I am training, I always point out ‘you can outsource the activity but not the risk’. of the settlement to charity without consulting the family, and the CEO was quoted saying ‘it was not Thomas Cook’s fault’ in court. So, the actual organisation which caused the death of the children, wasn’t Thomas Cook.
About 44% of respondents said they only have one or two dedicated, internal personnel and 63% said they have no additional support through external contractors or consultants. And many organizations, even those with limited resources, still aren’t buying into outsourcing their resilience programs as a managed service.
For instance, banks and insurance carriers with robust ERM programs realize that investment research consultants and credit rating agencies, although they may have a relatively small spend, can have a significant impact on their investment portfolios if conflicts of interest, bias, or fraud go undetected.
The cloud is a great solution for many organisations but in outsourcing your IT hosting, you can “outsource the activity but not the risk” and so you need to ensure that you understand the risks associated with using a cloud provider. We love to hear your thoughts!
The cloud is a great solution for many organisations but in outsourcing your IT hosting, you can “outsource the activity but not the risk” and so you need to ensure that you understand the risks associated with using a cloud provider. We love to hear your thoughts!
Furthermore, 66% of customers want instant, on-demand engagement, and 45% will switch brands if a company does not actively anticipate their needs. Customer Experience In a revealing Salesforce survey , 70% of consumers say connected processes are very important to winning their business.
There is the old adage in business continuity that “you can outsource the activity, but not the risk”. The post Product Recall: A Checklist of Actions appeared first on PlanB Consulting. Good crisis management practice says that you should avoid blaming other parties in the middle of responding to an incident.
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