Category Archives: Strategy@Risk – Geary Sikich

#167 – RISK EXPOSURE REDUCTION AND MITIGATION – GEARY SIKICH

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Untitled1-150x150Exposure to threats, hazards and risks leads to vulnerabilities that an organization must deal with.  Commonly these are addressed via a mitigation process.  Once mitigation is accomplished, often times the organization feels that the risk, threat, hazard does not need to be revisited.  However, as a result of the mitigation efforts on the part of the organization, the risks, threats, hazards reconfigure and re-emerge in a different form.  Continue reading →

#165 – DRIVERS OF CHANGE: GEOPOLITICAL, ENERGY, AND COMMODITY RISKS – GEARY SIKICH

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Untitled1-150x150Introduction

Unpredictability is the new normal. As the world approaches 7 billion in population this year, there is an ever increasing demand for food, energy and a voice in how things are run. How do these changes affect business continuity planners, you may be asking? Then simple answer is, they will have far reaching effects on how business continuity planning is conducted. No longer can we be satisfied with the assurance that our “hot site” is available, or that we can maintain business operations in the face of a pandemic; or that we can deal with the aftermath of a natural disaster. Continue reading →

#164 – POST TRUTH, ALTERNATIVE FACTS, FAKE NEWS – THE CRISIS OF LEADERSHIP – GEARY SIKICH

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Untitled1-150x150Post Truth, Alternative Facts, Fake News – The Crisis for Leadership

Introduction

If you want senior management to pay attention give them something that challenges their focus – and understand that their focus is not on how many computers you have or RTO, RPO statistics.  It is on business survivability – will we be in business tomorrow given the issues that we face today.  What is more important to your organization’s continuity of operations – how many computers you have or where your competition will be coming from in the next five years? Continue reading →

#163 – COMPLEXITY: THE WAGER – ANALYSIS OR INTUITION? – GEARY SIKICH

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Untitled1-150x150Introduction

Business Continuity professionals need to rethink some of the paradigms of the practice.  All too often we tend to fall back on what are considered the tried and true ways of doing things.  This essentially leaves us in two camps; the first, evolved out of information technology and disaster recovery and the second, evolved out of emergency preparedness (tactical planning), financial risk management (operational) and strategic planning (strategic).  These two camps each offer much to be desired.  Continue reading →

#162 – CASCADING EFFECTS RIPPLE THROUGH ORGANIZATIONS ILL PREPARED TO DEAL WITH THEM – GEARY SIKICH

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Untitled1-150x150Introduction

We live in a world of consequences.  Everything that we experience is a consequence of some action, decision, reaction and/or choice.  For organizations the consequences of a choice, action, decision and/or reaction can cascade throughout the organization and extend to its “Value Chain” rippling through all the known touchpoints and the as yet, unidentified touchpoints. Continue reading →