The Garmin Hack Was a Warning | Wired
Green Swan 2 - Climate change and Covid-19: reflections on efficiency versus resilience | BIS
"It suggests that climate-related risks and pandemics such as Covid-19 have similarities. Both are massive global negative externalities and both are related to changes in our natural ecosystems. In addition to the extensive economic and financial damage they both produce, both directly affect human lives and thus could be classified as Green Swans. And, for both, there is a discrepancy between how scientists warn us about the quasi-certainty of their occurrence and how we fail to systematically consider their potentially huge costs and integrate them into risk frameworks and final prices."
Sustainable Finance: Risks & Policy | London Bullion Market Association
London Bullion Market Association Webinar Sustainable Finance: Risks & Policy Dr Paul Fisher (Fellow, Cambridge University Institute for Sustainability Leadership) and Terry Heymann (CFO, World Gold Council) discussed what sustainability means and the importance of ESG.
Paul considered how we should think about the risks and opportunities sustainability presents to the financial sector, before looking at how regulators globally are responding to those risks.
Terry presented WGC’s findings on climate change, tracking gold’s carbon footprint through the supply chain, and considered how reducing this footprint can benefit the mining and investment industries.
Why are investors not pricing in climate-change risk? | The Economist
1 in 3 procurement leaders: We're past the peak of coronavirus disruption | Supply Chain Drive
Thirty-four percent of procurement leaders believe coronavirus disruption has already peaked, while 49% believe a peak will come between June and December, according to a recent survey of 605 procurement and supply chain leaders conducted by Procurious.
Continuity in crisis: How to run effective business services during COVID-19 | Accenture
The COVID-19 pandemic presents a serious threat to people, businesses and economies across the world. Gartner’s recent Business Continuity Survey shows just 12 percent of organizations are highly prepared for the impact of coronavirus. Smart leaders must focus on how they can best protect their people, serve their customers and stabilize business continuity.
Moving Past COVID-19: Risk Mitigation Strategies to Drive Supply Chain Resilience | Global Trade Magazine
As the world begins to ease movement restrictions imposed during the COVID-19 pandemic, companies are wondering where they go from here and how they can reduce risks moving forward.
4 fixes for equipment supply chains before the next COVID-19 waves hit | WEF
The COVID-19 crises forced governments to build new international supply chains nearly overnight. New innovations, such as blockchain, can make the supply chain more efficient, less risky and increase the velocity of goods running through the system. Supply chain solutions must be put in place now to help manage demand from second and third waves of infection.
Green Swan 2 - Climate change and Covid-19: reflections on efficiency versus resilience | BIS
Speech by Luiz A Pereira da Silva based on remarks at the OECD Chief Economist Talk Series, Paris, 23 April 2020 and a Research Webinar at the BIS, 13 May 2020.
"It suggests that climate-related risks and pandemics such as Covid-19 have similarities. Both are massive global negative externalities and both are related to changes in our natural ecosystems.
Battle ahead for EU’s 750-bn-euro recovery plan | EDN Hub
If passed, the proposal would be the biggest EU stimulus package in history and could see Europe-wide taxes on plastics and big tech introduced in a major advance for European integration. “This is Europe’s moment,” Von der Leyen told a session of the European Parliament as she announced the plan.
Business Resilience-as-a-Service
Now available
Business Resilience-as-a-Service
The ability to anticipate, prepare for and respond to sudden disruptions in your business requires a combination of preventative control and mindful action. We have long subscribed to the benefits of addressing business resilience as an ongoing Program rather than a one off 'project'.
Improving your business resilience requires planning, monitoring and effectively responding to crises and should be improved over time. Equally, staff skills require on-going improvement through training and exercising.
This is more than just Business Continuity.
Our new Business Resilience-as-a-Service offering will help your business develop a business resilience Program that includes:
- Developing a Policy and governance arrangements
- Developing, reviewing or enhancing your Business Continuity and Crisis Management Plans
- Integrating with other recovery plans
- Training and exercising staff
Need to justify your investment?
We have developed a calculator to assist in the development of a business case for an investment in Business Resilience-as-a-Service. The calculator quantifies the financial impact of an outage on the organisation’s revenues. For many organisations, the ability to recover one or two days faster in a given year, will pay for the annual cost of the Program – yielding an excellent return on investment.
Interested in finding out more?
Send us an email via the link below or call us on 03 9016 9036.
Resources
Check out our other articles on business resilience and this excellent publication: Organisational Resilience by the Cranfield School of Management and the BSI.