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
Building Psychological Resilience Employee resilience must be a core attribute when considering organizational resilience. Although not called out in the definition, businesses prepared to absorb and adapt after crisis events focus on personnel first. Companies developing real resilience consider the capabilities of their employees first when moving towards a model that promotes ongoing agility. As
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
Business continuity management continium I get asked how crisis management & business continuity align. For this blog, I’m defining business continuity as business recovery. However, I recognize that business continuity management typically encompasses the emergency response and recovery lifecycle. I’ve worked mainly on the operations side, but much of what I am saying applies to
Crisis management’s value to resilience Crisis management’s (CM) value lies in addressing highly disruptive and unplanned events. These events are unforeseen with little or no warning. The occurrence of a crisis is far-reaching across an organization, mobilizing multiple units. By nature, the outcome of a disaster impacts employees, operations, or assets significantly. So, the value
Top 5 disasters that influence resilience The top five disasters that influence resilience practice are easy to call out. Crisis events that will impact resilience have widespread economic and sociopolitical overtones. Interconnectedness is the theme that comes to mind as I write this. Each of my picks highlights the global aspect of today’s business environment.
Resilience In Action Case Study Inspired by Ukraine 2022: Business Resilience in Action – with Nazariy Zhovtanetskyy podcast If not now, when else for resilience? Ukraine’s resilience in action is impressive to watch. Recently, I was fortunate to catch Mark Hoffman‘s latest The Resilient Journey podcast, Ukraine 2022: Business Resilience in Action. In the podcast,
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
