The last half of 2021 has witnessed a resurgence in economic activities in the US due to several monetary and fiscal stimulus and increased consumer spending. However, the supply chain challenges, rising price pressure, and lingering virus concerns have increased inflation. Several pundits predict that 2022 may present several disruptions which may interfere with your …
Business Continuity Awareness – Why It’s Important
As a business owner, you need the assurance that your business will continue to operate smoothly despite the unexpected. This is where business continuity planning comes in. A well-developed business continuity plan can help you minimize the effects of a disruption to your business operations and improve your organization’s resilience. However, for your continuity plan …
How to Create and Conduct a Rewarding Crisis Management Exercise
You’ve settled on a crisis management framework to understand your goals in creating a crisis management plan. You’ve written your plan. I can’t stress enough how important it is for you to exercise that plan. Below I’ve included tips to help you think through a rich and rewarding exercise—even if your team is working remotely. …
How to Create and Conduct a Rewarding Crisis Management ExerciseRead More
Suiting Up for a Crisis Part II: The Crisis Management Team
This article is the second in a two-part series dedicated to helping crisis team leaders and team members prepare for their next crisis. You can read part I at this link. As a newly minted member of your organization’s crisis management team, it’s normal to have a ton of questions (and probably anxieties) about what …
Suiting Up for a Crisis Part II: The Crisis Management TeamRead More
Suiting Up for a Crisis Part I: The Crisis Leader
This article is part of a two-part series dedicated to helping crisis team leaders and team members prepare for their next crisis. An average of 60 hours of training is required to become a certified first responder. 600 hours to become a firefighter. And to become a crisis management leader? A whopping zero. And yet …
What is Resilience?
Is it just me, or is “resilience” the new buzzword? The concept seems straightforward in a personal context; building up the psychological fortitude to bounce back from all of life’s bumps and bruises. But what exactly does it mean for a business to be “resilient”? We hear a lot of business leaders and highly trained …
Business Continuity Standards: How each can help you
No matter how much business experience you have or how long you’ve studied risk and resilience in your businesses, creating a business continuity program can seem daunting. But internationally recognized guidelines exist to help you build the right program for your organization’s unique situation. This article provides you with all the essentials you need to …
Business Continuity Standards: How each can help youRead More
Plan-Do-Check-Act and your Business Continuity Program
Let’s talk about the law of aggregate marginal gains. As the theory goes, many tiny improvements add up to huge wins over time. In the case of the British Cycling Team, the accumulation of tiny improvements like improved handwashing, new massage gels and pillows, and tweaks to bike ergonomics were credited for the team’s wildly …
Plan-Do-Check-Act and your Business Continuity ProgramRead More