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Supply Chain Disruptions Simulate a scenario where a key supplier fails to deliver critical materials. Health Crisis Test your readiness for a sudden health emergency, like a pandemic. Tools and Resources for Business Continuity Exercises BCMS Software: Tools like Fusion Framework or Quantivate streamline planning and execution.
In the second year of the COVID-19 pandemic, risk professionals in India reported acute short- and long-term concerns about the interconnected risks of COVID-19 cases, global economic recession, and surging cyberrisks amid shifts in work arrangements. They have crisis management plans in place, but they also dig deeper, look farther ahead.
The main scenario people write plans for is the loss of their building and they may have some other plans for loss of people, suppliers, or IT. Often the scenarioplans, which I like to call contingency plans, are generic, contain little detail and do not align to the risk the organisation faces.
So far, during this pandemic, the main issue for most organisations has been the closure of whole sectors and having a reduced amount of customers to serve. It’s hitting the industries that cannot work from home and essential workers who have managed to keep their production going throughout the pandemic.
The main scenario people write plans for is the loss of their building and they may have some other plans for loss of people, suppliers, or IT. Often the scenarioplans, which I like to call contingency plans, are generic, contain little detail and do not align to the risk the organisation faces.
So far, during this pandemic, the main issue for most organisations has been the closure of whole sectors and having a reduced amount of customers to serve. It’s hitting the industries that cannot work from home and essential workers who have managed to keep their production going throughout the pandemic.
In this week’s bulletin, I discuss the idea of a hypercomplex world and preparing for different scenarios in it. If we look at the present COVID pandemic in the UK, many organisations and our government had seen the pandemic as a risk and had plans in place, but they weren’t prepared for a lockdown and a stay at home message.
In this week’s bulletin, I discuss the idea of a hypercomplex world and preparing for different scenarios in it. If we look at the present COVID pandemic in the UK, many organisations and our government had seen the pandemic as a risk and had plans in place, but they weren’t prepared for a lockdown and a stay at home message.
What will the new normal look like following the Coronavirus Pandemic? I have included two videos below: A webinar on how to return to business following this pandemic. Our generational changes, however, are the ones we pay attention to, and this pandemic will be one of those generational moments.
What will the new normal look like following the Coronavirus Pandemic? I have included two videos below: A webinar on how to return to business following this pandemic. Our generational changes, however, are the ones we pay attention to, and this pandemic will be one of those generational moments. A pandemic was expected.
Scenarioplanning When I first came across business continuity, dare I say 20-25 years ago, the focus was on scenarios which could impact our organisation. Generally accepted practice was that you had to write a plan for every different scenario that could possibly occur.
Scenarioplanning. When I first came across business continuity, dare I say 20-25 years ago, the focus was on scenarios which could impact our organisation. Generally accepted practice was that you had to write a plan for every different scenario that could possibly occur.
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