Owning a small business has many rewards, like freedom, independence and the chance to financially benefit from your own hard work. But there are also major challenges, like long hours, hungry competitors, and cash-flow problems. One of the challenges that lands squarely on the shoulders of the small business owner is risk management. Whereas larger… Continue reading HAVE A DISASTER PLAN FOR YOUR SMALL BUSINESS
In our ‘throw away’ society, the linear model of make, use and discard is depleting the resources of our planet – and our pockets. The solution is a circular economy, where nothing is wasted, rather it gets reused or transformed. While standards and initiatives abound for components of this, such as recycling, there is no current… Continue reading Connecting the dots in a circular economy: a new ISO technical committee just formed
New global research from Morrison & Foerster reveals that GCs want to be evaluated on how effectively they protect their companies from risk and reputational damage. As Paul Friedman explains, they’ll have plenty of opportunity to prove themselves. As globalization and technological transformation march forward and reshape the business landscape, risks lurk in more places… Continue reading With Redefined Risks, GCs Must Redefine Their Role
Effective disaster response requires expertise across a wide range of sectors. How various sectors interact and exchange information can be critical to a positive outcome. Often, each sector having operated within its own domain, has limited visibility into other sectors until reporting out to senior leadership. This often results in excellent work within a narrow… Continue reading Power of Cross-Sector Collaboration for Economic Recovery in Disaster Response
(TNS) – About 80 firefighters tested their emergency preparedness skills in Montour County during a drill on Tuesday evening. Crews responded to scenarios where tornados struck Emmanuel Nursing Home and Maria Joseph Manor within minutes of each other Tuesday evening. While it was a drill, one Danville firefighter was actually overcome by the heat. A.J.… Continue reading Firefighters use Disaster Drills to Prepare for Emergencies
Business leaders in the financial services (FS) industry are used to tracking success with measures that reflect shareholder, investor, and market regulator values such as return on equity, net profit, assets under management, and capital adequacy ratio. This is the “money story.” However, most don’t always know how these important measures are affected by customer… Continue reading Hardwire CX To Financial Performance In The Financial Services Sector
By its very definition, emergency management is a field that deals constantly with challenges. Back in 2005, we co-authored an article that examined some specific “critical obstacles” facing emergency managers at the time, including: an imbalance of focus between homeland security and natural disaster management, the challenge of involving the public in preparedness planning, the… Continue reading Challenges Facing Emergency Managers Today
In a wide-ranging article, Geary W. Sikich enters the debate about the future of the risk assessment and the business impact analysis and pulls various threads together to conclude that targeted flexibility is the basis of the art of being prepared. Some interesting points about how organizations apply current standards such as business impact analysis / assessment… Continue reading Adaptive, antifragile, resilient, or just trying to be compliant?
Disaster recovery is an important process within business continuity management (BCM) that focuses on developing a plan of action to recover from a potential internal or external business threat. In other words, disaster recovery is about ensuring that the business infrastructure, systems, and data can all be accessed and/or recovered in the event of a… Continue reading What is IT Disaster Recovery?
Do we understand how to avoid the risk of our devices being compromised? For most of us, our mobile phones are an extension of ourselves. Our daily routine, interests, personality and vital information are all stored on devices that we take with us on-the-go to assist or manage our lives. This then brings to question;… Continue reading How Can You Mitigate Risk On Your Phone?