Business continuity through integrative risk management – Prepare for the unexpected in times of international crisis
Background
In times of crises or emergencies, business continuity management (BCM) is an essential means of maintaining services and activities for both, private sector businesses and public sector authorities. Business risk management planning must ensure that an organization’s activities and reputation are protected and that through emergency operations a crisis situation can be quickly and effectively brought under control. The complexities of modern business in a globalized world and the pervasive effects of hazards and disasters are posing new and dynamic challenges to organizations. From supply chain management to effective communication with the public and shareholders, from crisis coordination to reputation management, business continuity is a rapidly developing field. This one-day symposium will examine the trends and challenges in BCM, consider recent experience of business crises, and present some examples of good practice in this field.
In panel debates and interactive discussions the participants will focus on the process of managing an extraordinary crisis along the principles of Integrative Risk Management and discuss in depth on forward-thinking solutions for tail risks, risk communication, reputation loss, and the consequences for investment funds, post-crisis regulatory reforms of standards and legislation, and insurability issues.