There’s a TV commercial for oil filters where the mechanic warns the customer, “You can pay me now or you can pay me later.” Of course what he means is maintain your car, or wait for an expensive breakdown and an engine overhaul.
Makes total sense, right? Continue reading
Introduction
In the risk-neutral world, all business and government continuity planning would be risk-balanced. However, in reality, risks, threats, hazards and their consequences change depending on an organizations exposure, sensitivities to impact and other factors. For instance, a natural disaster, can occur without much warning and can have direct and indirect impact on an organization. Complicating the Business Continuity Planners life is a simple fact, events have unforeseen consequences that can rarely be planned for. Continue reading
W
hen people discuss Supply Chain Management, there doesn’t seem to be any common understanding of what it is all about. I get it! To some, it is software and technology. To others, it is just purchasing and logistics. And still others believe that it is ‘big data’ and analytics. No wonder that eyes glaze-over when the subject is mentioned. Continue reading
Recently I read a new 6-star hotel is opening in Australia in 2018. 6-Stars, really? I remember when 5-star rating was synonymous with 1st Class, as opposed to 2nd Class. Now we have 0th Class. I stayed in a 6-star hotel once and couldn’t see the difference to a true 5-star hotel, in fact it wasn’t as good as the 5-star Royal Crescent Hotel in Bath UK, which I would have to say is the best hotel experience I have enjoyed (that includes The Plaza, Savoy & Peninsula). Truly sublime. So if ISO 31000 is the 5-star of the GRC field what would be 6-stars? I would put that as being Strategic Management, it’s what turns the Plan into reality. Continue reading
In the workplace we have identified and attempted to eradicate racial and gender discrimination, sexual harassment and bullying. We now battle age discrimination in our aging society in a (supposedly) increasingly politically correct world. However, our intellects are also being abused as individuals find increasing ways to breach of the bounds of reasonable behavior and put our sanity and dignity at risk. Continue reading