article thumbnail

Are You Protecting Your Reputation With A Plan?

Bernstein Crisis Management

Allow me to expand a bit… While most organizations we speak with have some level of emergency planning – basic natural disaster response plans, for example – far fewer are prepared to engage in the communications and operational maneuvering that accompanies a serious threat to reputation.

article thumbnail

Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

Strategically, plan for new types of risks. In a given week , the ultimate harm to the business or operation was not the active focus of the risk team or response team the week prior. As a director of Enterprise Risk Management, the author was planning for a large, new water project in Eastern Congo. Active Phase.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Operational Resilience: Is it just business continuity done properly?

Plan B Consulting

In these two papers, the Bank of England and the FCA lay out how they want financial institutes to carry out a series of operational resilience activities to make the whole of the UK’s financial market more resilient, and that an incident in one organisation could have a major impact on other companies, leading to financial collapse.

article thumbnail

Operational Resilience: Is it just business continuity done properly?

Plan B Consulting

In addition, the Financial Conduct Authority (FCA) Consultation paper of 2019 states: “Building operational resilience: impact tolerances for important business services and feedback to DP 18/04”. Scenario planning. Operational resilience takes what we are planning for, back full circle.