When Business Continuity Becomes a Boardroom Issue Elvin(20071007)
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The document discusses business interruption risks and how organizations can address them. It provides examples of how natural disasters and other incidents have caused costly interruptions for businesses. It then explains that identifying critical business processes, assets, locations, and supply chains that are vulnerable is key to understanding interruption risks. Quantifying potential financial impacts and developing business continuity management plans that mitigate risks in a cost-effective way help organizations to effectively "tame the beast" of business interruption.
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When Business Continuity Becomes a Boardroom Issue Elvin(20071007)
- 1. When Business Continuity Becomes a Boardroom Issue Taming the Beast – Business Interruption Risks 11 Oct 2007 Elvin Chan CEng MIET CBCP MPA ACQI Marsh Risk Consulting – Asia
- 3. How do business interruptions destroy value?
- 11. How do business interruptions destroy value? Understanding the impact and mitigation
- 13. Taming the Beast
- 15. Taming the Beast Where is the Beast? By analyzing the activity level and interdependency among different processes, assets, locations or along the supply chain, we will find out the Beast – Business Interruption Risks
- 19. Thank you