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Risk news

Business Continuity planning for small businesses in a pandemic

11th May 2009

This article on WTOL 11 provides great tools for small businesses to use to be able to keep ahead of the possible effects of the current pandemic

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A Global Business Continuity Plan for Recovery and Reform

16th Apr 2009

The communiqué also seeks to establish and promote greater collaboration between nations to “guard against risk” and “discourage excessive risk-taking” by strengthening regulatory systems and supervision.

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Supply Chain Managers Fear Protectionism

15th Apr 2009 by Alex Briggs

Supply chain managers in North America, Europe and Asia by a wide margin worry that increasing trade protectionism could push the global recession into a global depression, according to a survey released today.

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Business Assurance Thought and Link of the Day, March 25, 2009: Supply Chains

25th Mar 2009 by Alex Briggs

Today’s thought and link are related to global supply chains and are from the same source, Bob Ferrari’s blog.

Tata didn’t set the price of the Nano by calculating the cost of production and then adding to margin. Rather it set $2500 as the price that it thought customers could pay and then worked back, with the help of partners willing to take on a challenge, to build a $2500 car that would reward all involved with a small profit.

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Are the new EU Risk Management Proposals beneficial?

5th Mar 2009 by Alex Briggs

The latest edition of Strategic Risk Magazine features an article by Andrew Williams on the benefits of new EU Directive proposals on Risk Management.
The article highlights the issues that organisations face in implementing EU Directives when they operate in multiple markets.

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Emphasising the need for Risk Management

10th Feb 2009

Outside the financial sector, supply chain risk management has become one of the biggest areas of concern in the downturn…

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Risk Management Critical to Protect Supply Chains

13th Jan 2009

According to a recent article, David Simchi-Levi, a professor of engineering systems at the Massachusetts Institute of Technology, suggests that there are several broad strategies shippers can take, including greater flexibility, redundancy, risk pooling and strong network planning.

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Business Continuity Management Plan: A License to Protect

8th Dec 2008

An unimaginable event occurred at the Taj Mahal Palace Hotel in downtown Mumbai in India on the evening of November 26, 2008.

Terrorists forced their way into the rear entrance of the 105-year-old historic building built by the great grandfather of the CEO of Tata Motors. The magnificent hotel symbolises the success and pride of one of India’s largest private businesses. The capability of the hotel to protect its customers and its reputaion was challenged.

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The Seven Steps To Successful Business Continuity Communications

15th Nov 2008

To successfully communicate with relevant parties during critical events, organizations need a system that can enhance their preparedness and contribute to the overall security of human, physical, and information assets.

This special report by the Varolii Corporation provides an overview of common steps organizations are taking in order to connect, protect, and account for their people, while enabling response teams and decision makers to coordinate a successful recovery and help protect assets and infrastructure—even such things as supply chain and key customer relationships.

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Business Continuity Risks for China, India and Asia overall

27th Oct 2008

According to Forbes Calamity Prevention “the business impact of planning to mitigate, respond to and recover from earthquakes will be significant all over Asia, even if no more earthquakes occur for many years.”
Recent earthquakes around the Pacific Rim in the last four months have registered 6.0 or higher on the Richter scale, the magnitude at which earthquakes are generally considered destructive.

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