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Current thinking...

Please email to submit an article or white paper for publication within this section

Read the latest issue of the BCI's Continuity magazine here


The risk management of nothing

Michael Power, London School of Economics and Political Science.

This essay challenges core elements of enterprise risk management (ERM) and suggests that an impoverished conception of ‘risk appetite’ is part of the ‘intellectual failure’ at the heart of the financial crisis. Regulators, senior management and boards must understand risk appetite more as the consequence of a dynamic organizational process involving values as much as metrics. In addition, ERM has operated as a boundary preserving model of risk management subject to the ‘logic of the audit trail’, rather than a boundary challenging practice which confronts and addresses the complex realities of interconnectedness.

The security provided by ERM is at best limited to certain states of the world and at worst it is illusory – the risk management of nothing. In contrast, business continuity management (BCM) may provide clues about how risk management might be reconstructed.



Speaker interview – BCM World Conference

Continuity talks to Bob Geldof KBE about the potentially catastrophic impact of climate change on the underdeveloped world and the efforts of the developed nations to tackle this global issue.

Read this interview as a PDF.


India BCM survey report 2009: Are we really resilient? (PDF)


Business Risk and Continuity
This supplement appeared in the Daily Telegraph on 11th December 2008. Read (PDF)


BSI response to the Pitt Review
Government-commissioned report highlights serious failings and recommends business continuity planning to BS 25999 standards. Read a BSI statement (PDF)


Essex County Council’s Beacon Status and its Business Continuity Duties under the Civil Contingencies Act 2004
Arthur Rabjohn (MBCI) of Steelhenge Consulting interviewed Richard Verrinder (Business Continuity Manager) and Paul Walker (Emergency Planning Officer responsible for BC promotion) from Essex County Council’s Emergency Planning Unit about the business continuity components of its Beacon Status award for Civil Contingencies for Emergency Planning.
- Part one of this article appeared in the March issue of the BCI's Continuity magazine
-
Read part two as a PDF
- Read part three as a PDF


Keeping Your Business Running
Lyndon Bird, the BCI's Technical Director, recently took part in a BT web seminar which set out to explain the concept of business continuity management. This can be viewed here.


Report on BCM case studies
Arising out of a workshop that ALARM (The National Forum for Risk Management in the Public Sector) held in the North East of the UK in May 2007.
Read report.
Read appendices.


Continuity Strategy – The Global View
Mike Taylor takes a quick spin around the globe to see how other countries are treating business continuity planning.


How to Deploy BS 25999
A white paper co-authored by Susan Yardis and Robert Giffin of Avalution Consulting, and John DiMaria of BSI Management Systems America.


Older articles

The BCI Support ICE (In Case of Emergency)

We all carry our mobile phones with names & numbers stored in its memory. If we were to be involved in an accident or were taken ill, the people attending us would have our mobile phone but wouldn't know who to call. Yes, there are hundreds of numbers stored but which one is the contact person in case of an emergency? Hence this 'ICE' (In Case of Emergency) Campaign.

The concept of 'ICE' is catching on quickly. It is a method of contact during emergency situations. As mobile phones are carried by the majority of the population, all you need to do is store the number of a contact person or persons who should be contacted during emergency under the name 'ICE' (In Case Of Emergency). The idea was thought up by a paramedic who found that when he went to the scenes of accidents there were always mobile phones with patients but they didn't know which number to call.

He therefore thought that it would be a good idea if there was a nationally recognised name for this purpose.

In an emergency situation, Emergency Service personnel and hospital Staff would be able to quickly contact the right person by simply dialling the number you have stored as 'ICE'.

For more than one contact name simply enter ICE1, ICE2 and ICE3 etc.

 

 

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