The following is taken from a whitepaper we recently published. You can download the full article here. It includes 5 additional resilience building methods not included in this article.
The following is taken from a whitepaper we recently published. You can download the full article here. It includes 5 additional resilience building methods not included in this article.
Tags: Resilience, manufacturing, Small Business
I saw this article in Cabinet Maker magazine which discusses the findings of a recent KPMG report into the future of UK manufacture. The report details key practical measures that manufacturers can begin to put in place now to prepare for when the UK exits the EU in 2019. They include:
Tags: Business Continuity Management, Insurance, manufacturing, Small Business
In my days as a Commercial Large Loss Adjuster, it was always more straightforward to estimate the size of loss for the physical damage, than the business interruption.
Tags: Business Continuity Management, Insurance, manufacturing
"I was recently tasked with writing a business continuity plan for a manufacturing organisation with critical production facilities close to a conflict zone. This prompted me to write a paper about geopolitical resilience. The organisation’s executive was positioning it for investment and wanted to be seen to be managing that aspect of risk. They recognised the situation, the way investors might regard it and the potential need to resume in a planned, acceptable way if disruption occurred. The focus was strongly on geopolitical risks whilst still planning for conventional natural perils. "
Tags: Business Continuity Management, Risk, Resilience, manufacturing
ISO 22301 proposes that organisations adopt the PDCA (Plan-Do-Check-Act) Model, a form of closed-loop control system. This is recognised by Deming as the fundamental core of most management systems, which themselves have the effect of ‘breathing life’ into otherwise one-shot business initiatives. Compare the benefit of writing a one-off continuity plan that quickly becomes obsolete and useless, with one that is kept up-to-date and continually improved.
