Worst Case Scenarios
When planning for disasters we often time opt for “worst case” scenario plans. Yet, time and again we are surprised when the “worst case” based plan that has been developed is superseded by an actual event that occurs. Hurricane Katrina taught this lesson. Will we be going back to school to learn the same lessons from Hurricane Harvey and Hurricane Irma? And, Hurricane Jose is coming in on the heels of Irma. Continue reading
On the Path to Probability and Uncertainty?
Is the current situation with the Democratic People’s Republic of Korea on your radar screen as a business continuity planning consideration? Is this situation a realistic risk that your planning should begin to address with a thorough analysis of the potential consequences of an escalation? What about the situation in Syria? Ukraine? Iran? India/Pakistan? Or are these risks too far away and remote to begin to understand? Continue reading
Redefining the BIA – Usefulness and Uses
If we agree on the basic premise that Business Continuity can be defined as sustaining what is critical to the enterprise’s survivability during periods of discontinuity; then we must recognize that the activity known as the Business Impact Assessment (Analysis) or BIA needs to be redefined. The BIA, as currently practiced does not necessarily achieve the following:
The Board of Directors are vital for any organization’s good governance. Governance determines how an organization is centered and where it stands. “The Boards of Directors are a group of individuals within an organization that are either elected or appointed as representatives of Shareholders or Owners to establish Corporate Governance and enterprise risk management policies”. (Source: ERMGovernance.com) It is given that for an organization to be successful, it should have a Board of Directors (BOD) with a broad mix of skills to oversee the wide range of issues that may arise. Continue reading
Introduction
I was supposed to be in Boston presenting at “The Disaster Conferences” a few years ago on 28 January 2015. Well, the weather just put us out to 19 March 2015 for the now, rescheduled Boston conference. I guess that they are still feeling the effects of this week’s blizzard, now named “Juno”; that left Boston with over 24 inches of snow. Continue reading