Remove Activation Remove Mitigation Remove Outsourcing Remove Pandemic
article thumbnail

Four steps to build a more transparent and resilient supply chain through risk management

IBM Business Resiliency

With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain.

article thumbnail

Can AI Reverse Security’s Declining Margins?

Security Industry Association

Another benefit brought about by the pandemic was that it allowed integrators to get into buildings to work without having to worry about disrupting the day-to-day activities of employees or tenants. With what seem like so many benefits for all involved, where’s the rub?

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

By taking a risk-based approach, they have been able to mitigate potential financial risks associated with third-party vendors. This mitigated the risk of losing money if the collection agency went bankrupt. ” You can outsource the activity to the vendor but not the risk.

Banking 98
article thumbnail

It’s OK, it’s in the Cloud: Lessons from the OVH Cloud Data Centre Fire

Plan B Consulting

Interestingly, most pandemic plans I have worked on or read were all about the loss of staff, looking at anything between 10% – 25% of their staff being off sick. Organisations may have had this percentage of staff off at the peak of the pandemic, but overall have been able to cope with it.

Backup 52
article thumbnail

It’s OK, it’s in the Cloud: Lessons from the OVH Cloud Data Centre Fire

Plan B Consulting

Interestingly, most pandemic plans I have worked on or read were all about the loss of staff, looking at anything between 10% – 25% of their staff being off sick. Organisations may have had this percentage of staff off at the peak of the pandemic, but overall have been able to cope with it.

Backup 52
article thumbnail

Five Key Takeaways from the 2021 Business Continuity Event Impact Management Report

Castellan

The latest report takes an in-depth look at some of the top trends we’re seeing across the business continuity industry today, including the impact of the coronavirus pandemic on response and recovery planning. BC Management recently released its 2021 Business Continuity Management Event Impact Report in partnership with Witt O’Brien’s.

article thumbnail

Severe Weather Preparedness: Managing Severe Weather Events During Other Crises

everbridge

And overlaying each severe weather event was the pandemic, which forced start-and-stop closures and compulsory work-from-home orders. The pandemic has been characterized by twists and turns, and crisis managers can still expect it to be a factor as the hurricane and wildfire seasons, as well as potentially early winter storms, kick-off.