Announcement

Collapse
No announcement yet.

Business Consideration Lists for Continuity Planning

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Business Consideration Lists for Continuity Planning

    2<SUP>nd</SUP> presenter<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p>
    <o:p></o:p>
    A large international company.<o:p></o:p>
    30 billion in revenue<o:p></o:p>
    23 terminals on the East Coast of the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:country-region><st1:place>U.S.</st1:place></st1:country-region><o:p></o:p>
    1200 retail outlets<o:p></o:p>
    24,000 contractor personnel<o:p></o:p>
    <o:p></o:p>
    Issues to consider when creating Disaster/Pandemic Plan:<o:p></o:p>
    <o:p></o:p>
    Diversity of workforce<o:p></o:p>
    Turn-over of workforce<o:p></o:p>
    Types of products sold<o:p></o:p>
    Diverse operating environments<o:p></o:p>
    Many industrial locations<o:p></o:p>
    <o:p></o:p>
    Methodology:<o:p></o:p>
    <o:p></o:p>
    Identify risk (i.e. Pandemic potential)<o:p></o:p>
    Agree risk needs to be managed<o:p></o:p>
    Develop knowledge base<o:p></o:p>
    Estimate task force, working group and business and facility level teams<o:p></o:p>
    Communicate actions<o:p></o:p>
    Position Disaster/Pandemic task force as reportable to top manager of organization – <o:p></o:p>
    representatives from all major divisions<o:p></o:p>
    <o:p></o:p>
    Plan – Review plans with key suppliers and customers to ensure integration<o:p></o:p>
    <o:p></o:p>
    Establish critical risks and ability to manage people, assets, financial functions, supply chain<o:p></o:p>
    Identify critical operations – businesses, facilities, personnel, suppliers, and customers<o:p></o:p>
    Adapt existing plan to establish integrated communication<o:p></o:p>
    Establish:<o:p></o:p>
    Additional policies<o:p></o:p>
    Stockpiles for medicines<o:p></o:p>
    Method to determine and report containing outbreaks in critical business facilities<o:p></o:p>
    Contingency systems and mechanisms for home based work<o:p></o:p>
    Foster ethic of social distancing and infection control<o:p></o:p>
    Identify and communicate triggers<o:p></o:p>
    Exercise plans (notify, table-top exercises, “live” drills)<o:p></o:p>
    <o:p></o:p>
    Action <o:p></o:p>

    Analyze learnings from exercises and incorporate into plans<o:p></o:p>
    Ensure preparedness is maintained<o:p></o:p>
    <o:p></o:p>
    Collateral Benefits of Planning<o:p></o:p>

    Improved organizational capability for crisis management and business continuity<o:p></o:p>
    Reduced absenteeism from seasonal illness through awareness and peer pressure<o:p></o:p>
    Enhanced integration between company and contractors across lines of business<o:p></o:p>
    <o:p></o:p>
    <o:p></o:p>
    *** Major point <o:p></o:p>
    <o:p></o:p>
    Large companies need to assist subcontractors and suppliers in preparing pandemic plans.<o:p></o:p>
    <o:p></o:p>
    <o:p></o:p>
    “Larger companies are bringing smaller companies along.”<o:p></o:p>
    <o:p></o:p>

  • #2
    Re: CIDRAP Meeting Notes

    3rd presenter<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p>
    <o:p> </o:p>
    Multinational corporation <o:p></o:p>
    <o:p> </o:p>
    New risks exist ? we are global and there is ?geo-complexity?.<o:p></o:p>
    <o:p> </o:p>
    You inherit risk from suppliers and others.<o:p></o:p>
    <o:p> </o:p>
    Some statistics:<o:p></o:p>
    <o:p> </o:p>
    1) 73% of businesses that have a prolonged disruption of 10 days or more suffer long term impact.<o:p></o:p>
    2) 43% of businesses suffering a disaster never recover enough to resume business.<o:p></o:p>
    3) Of those who do re-open, only 23% are in business 24 months later.<o:p></o:p>
    <o:p> </o:p>
    Methodologies:<o:p></o:p>
    <o:p> </o:p>
    Recognize the dynamic aspects of the changing landscape.<o:p></o:p>
    Identify enterprise risk ?interdependencies? at strategic level.<o:p></o:p>
    Integrate risk management with mission, strategy, and planning to drive decision support into operating model.<o:p></o:p>
    Establish a more transparent view of risks across the corporation or agency to facilitate key trade-off decisions in developing a risk mitigation strategy.<o:p></o:p>
    Balance efficiencies and effectiveness with robustness to meet overall management targets.<o:p></o:p>
    Create cross-domain risk management capability, business intelligence and situational awareness.<o:p></o:p>
    Develop partnerships whenever possible to share and mitigate risk.<o:p></o:p>
    <o:p> </o:p>
    Organizational Preparedness:<o:p></o:p>
    <o:p> </o:p>
    A decision support system that systematically identifies, quantifies, and measures operational risks and their potential impacts from a network perspective and provide alternatives to reduce the impact of a disruption and return operations to normal as quickly as possible is essential.<o:p></o:p>
    <o:p> </o:p>
    Pandemic preparedness is not accomplished in a vacuum.<o:p></o:p>
    <o:p> </o:p>
    This is an opportunity to address all business interruption.<o:p></o:p>
    <o:p></o:p>
    <o:p></o:p>
    Major point:
    You inherit risk from suppliers and others ? limit risk transfer.<o:p></o:p>
    <o:p></o:p>
    <o:p></o:p>

    Comment

    Working...
    X