Not simply a regulation Today, I am sharing what resilience is and isn’t from a business perspective. Many of you have asked me about the emerging resilience work. There’s so much out there that it can be confusing. First, it is not simply a regulatory requirement. In the UK, some of you may disagree as
Mass shootings are an ongoing threat As a topic, mass shooting risk is one that I would prefer not to cover in a resilience blog. However, this weekend’s events in Buffalo, New York, raise the need for us to focus on this threat. I do not have law enforcement credentials, and I am not a
Watch out for the wolves Regardless of the worldwide events, we need to continue to plan for crisis and the big bad wolf, the high-risk events that can cripple organizations. As much as COVID continues to be a threat and the war in Ukraine dominates the news, businesses need to continue to plan for worst-case
Are you really managing risk? It’s interesting to think about the intersection between Risk and Snow Leopards and the importance of understanding risk but being prepared for any event. I caught Alex Fullick’s Preparing for the Unexpected webcast with Tony Thornton discussing IPEC Risks & Risk Management this week. Tony Thorton defines IPEC as an
You are here Let’s take a look at workforce resilience post-COVID. Lately, the service industry is buzzing about considerations for employees’ return to the office. Now that the pandemic is mostly de-escalating globally, leadership signals a return to business. Most organizations remained profitable through the pandemic due to strategic decisions and a dedicated workforce. Yes,
Resilience is more than a buzzword Real resilience is taking hold in the business lexicon. The study of resilience is over 40 years old. First, the research focused on children, and later on individuals. The concept blossomed to study families, with a natural progression to communities and cultures. Now, specialized groups, like Aboriginals and even
The future is now Agility is a term that we hear associated with technology. The concept of agility in IT and business is an approach of short sprints to achieve a goal. The keys are adaptability, focused teamwork, and achieving outcomes. Those who consider it a mindset and not a switch are dead-on. However, resilience
Governance is a program’s backbone Resilience program governance is not mentioned much by practitioners beyond ISO or regulatory standards. However, it is the backbone of any agile program. Success for any resilience program relies on a solid framework. Any program without it will eventually fail, lacking meaningful executive buy-in. Strong governance keeps the framework on
Russia and Ukraine aftermath Recovering from civil unrest & incursions is a daunting task. As I’m writing this, the invasion of Ukraine by Russia is ongoing. No one knows what direction this event will take, which has stunned the world. It is a lesson for resilience practitioners to create a program framework nimble enough to
Russia and Ukraine conflict Responding to civil unrest & incursions is a growing risk globally. Verisk Maplecroft, a global risk and strategic firm out of Bath, England, identified in 2020 that according to their Civil Unrest Index Projections, 75 countries will likely experience an increase in protests by late 2022. The conflict in Ukraine has
