Posts tagged June
Business Resilience-as-a-Service

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Business Resilience-as-a-Service

 
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The ability to anticipate, prepare for and respond to sudden disruptions in your business requires a combination of preventative control and mindful action. We have long subscribed to the benefits of addressing business resilience as an ongoing Program rather than a one off 'project'.

Improving your business resilience requires planning, monitoring and effectively responding to crises and should be improved over time. Equally, staff skills require on-going improvement through training and exercising.

This is more than just Business Continuity.

Our new Business Resilience-as-a-Service offering will help your business develop a business resilience Program that includes:


  • Developing a Policy and governance arrangements
  • Developing, reviewing or enhancing your Business Continuity and Crisis Management Plans
  • Integrating with other recovery plans
  • Training and exercising staff


Need to justify your investment?

We have developed a calculator to assist in the development of a business case for an investment in Business Resilience-as-a-Service. The calculator quantifies the financial impact of an outage on the organisation’s revenues. For many organisations, the ability to recover one or two days faster in a given year, will pay for the annual cost of the Program – yielding an excellent return on investment. 

Interested in finding out more?

Send us an email via the link below or call us on 03 9016 9036. 

Resources

Check out our other articles on business resilience and this excellent publication: Organisational Resilience by the Cranfield School of Management and the BSI.

Textile and garment supply chains in times of COVID-19: challenges for developing countries | UNCTAD
Given its non-essential nature, the fashion industry faces significant risks. Indeed, in times of COVID-19, as consumers around the world remain in lockdown, they no longer need new products. This industry is characterised by a highly integrated global supply chain. In it, many developing countries play the role of the supplier of low-cost inputs. This article highlights some of challenges and concerns that some of these countries face, many of which are dependent on textile and garment exports.
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Climate change risks to Australian Businesses | Ben Scheltus for the RMIA The risk magazine

When doing your Risk Assessments, please be mindful of the physical and transition risks presented by climate change. For three years in a row, the World Economic Forum’s Global Risk Report (GRR) has called out the risks we collectively face from climate change. In the 2019 report published in February, climate change and environmental risks dominate the “high likelihood” and “high impact” quadrant of the global risk matrix. Read the article here.

Click here to view the RMIA Risk Magazine April edition. Please note the magazine is for RMIA members only.

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2017 FM Global Resilience Index | Continuity Central

The 2017 FM Global Resilience Index has been published. The annual index, which is online and interactive, ranks 130 countries and territories by their enterprise resilience to disruptive events. Now in its fourth year, the index provides a unique resource to help business executives site facilities, select suppliers, evaluate established supply chains and identify customers who may be vulnerable.

Users of the index can now investigate 12 quantified resilience drivers related to each country’s economic strength, risk quality and supply chain condition. The index also ranks countries for overall enterprise resilience.

Switzerland occupies the number-one ranking, reflecting high scores for its infrastructure, local supplier quality, political stability, control of corruption and economic productivity. Haiti ranks at the bottom of the index due in part to its high natural hazard exposure and poor economic conditions.

How to Conduct a Business Impact Analysis for Disaster Recovery

SmartData Collective | June 10

Your disaster recovery strategy needs to be pretty comprehensive. It’s not just about making sure that your backup is viable. There’s an entire strategy that needs to be put in place and that means identifying the roles of your employees and establishing an action plan. But how do you know what to do unless you have some idea of how the business will be impacted?

AWS redundancy, DR set up no piece of cake

TechTarget | June 9

Before the cloud era, only a few organizations -- generally the biggest and best-funded -- could afford to have a second data center for business continuity or disaster recovery. The costs of hardware, space and personnel were too prohibitive for others.

With the cloud, however, adding capacity is relatively easy and dramatically less expensive. With multiple cloud locations and AWS availability zones, enterprises have the ability to build applications that can be more scalable and available than tradition on-premises apps. However, turning AWS redundancy into a fully functioning secondary off-site data center is not necessarily easy.