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Business Continuity Planning for the Manufacturing Industry

everbridge

Building a Business Continuity Plan for the Manufacturing Industry. For those in the manufacturing industry, critical events threaten financial loss due to unplanned downtime, reduced factory utilization rates, lost revenue, and even employees put at risk. Manufacturing Industry-Specific Dangers. Brand diminishment.

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Threat Intelligence: A Key Capability for Our Turbulent Times

MHA Consulting

Threats related to environmental hazards that might occur in the vicinity of the organization’s facilities: train derailments, plant explosions, chemical spills. The threat of utility or network outages. Geological Survey Earthquake Hazards Program, and Department of Homeland Security. By creating a funnel.

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Getting Started with Enterprise Risk Management

MHA Consulting

Enterprise Risk Management is the activity of identifying and mitigating the hazards that threaten an organization (definition from Strong Language: The MHA Glossary of Essential Business Continuity Terminology , available for free download with registration). Risk can never be completely removed, but it can be mitigated.

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Is your business ready for any disaster? Review this 5-point disaster preparedness checklist

Online Computers

The first step in preparing for a disaster is to assess all the potential risks and hazards to your business, and then prioritize them based on their likelihood of occurring. Conduct drills or simulations; for example, you can simulate a power outage by turning off the lights and having employees work in the dark. Assess the risks.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), Risk Methodology The Risk Assessment can be completed by using a traditional Operational Risk Management (ORM) methodology (for larger organizati ons), or an All-Hazards Risk Assessment (AHRA) approach.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), The Risk Assessment can be completed by using a traditional Operational Risk Management (ORM) methodology (for larger organizati ons), or an All-Hazards Risk Assessment (AHRA) approach. manufacturing facilities).