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Business, Interrupted: Peeling Back the Layers of Supply Chain Resilience

Castellan

Identifying and Quantifying Risks. Unfortunately, even with increasing events with widespread impact across industries, some companies still don’t look at supply chain continuity and supply chain risk management beyond the annoyance of having to send and get back questionnaires from your vendors. Materials and Movement.

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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

As our OnSolve leadership team reflects on 2020 and 2021, we note a trend in our conversations with Business Continuity (BC), Enterprise Risk Management (ERM), Physical Security (PS), Travel Risk Management (TRM) and Supply Chain Risk Management (SCRM) leaders. Dynamic Environment vs Dynamic Risks.

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An Introduction to FFIEC: BCM’s Gold Standard

MHA Consulting

It is also comprehensive, covering all phases of the BCM program lifecycle, including risk assessment, business impact analysis, crisis management, cyber response, strategy development, plan development, testing, and maintenance. The FFIEC standard can be found here, and it’s completely free.

BCM 95
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BCM Basics: Business Continuity vs. Business Resilience 

MHA Consulting

Other components include risk management, crisis management, operational resilience, supply chain resilience, and financial resilience, among others. Business resilience is an overarching concept with many components, one of which is traditional business continuity (with its BIAs and recovery plans).

BCM 105
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Customer Insights: The Importance of Safety and Preparedness

Fusion Risk Management

These events are ever changing, and given our roles, it is our responsibility to manage the response in a timely and effective manner. . Crisis management teams, comprised of executive level leaders, look to us to provide answers to questions such as: Where are our employees located?

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ICS in the Corporate World

MHA Consulting

ICS enables integrated communication and planning by establishing a manageable span of control. ICS divides a company’s response into five (5) controllable functions essential for emergency response operations, Command, Operations, Planning, Logistics, and Finance and Administration. =

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Navigating the Supply Chain Crisis

Risk Management Monitor

Extraordinary congestion at critical global ports, decreased availability of key raw materials and component parts, rising freight bills and an increasingly tight job market have all contributed to the need for companies to create an effective logistics risk management program.