Integrating strategy, risk, and resilience
To register for this event please log into your BCI website profile. If you do not have a website profile, please register here. Please note that you don't have to be a BCI Member to attend this webinar/event and that by registering for a BCI website profile you are not applying for a BCI Membership.
Today’s world is volatile, uncertain, complex and ambiguous (VUCA), or as more recently coined in 2018 by James Cascio, brittle, anxious, nonlinear, and incomprehensible (BANI). In such a world, the accelerating rate of change results in an environment in which only agile organizations will survive. Creating the required degree of agility can only occur if the three critical elements of strategy, risk, and resilience are integrated to create a tight feedback loop to enable the organization not only to identify and respond to large disruptions but also to take advantage of opportunities timeously and under-take the continual recalibrations needed to adjust to incremental change. Only then will the organization be able to create, protect, and preserve value over the long term.
The webinar will cover:
- Brief definition of strategy, risk, and resilience as well as the need for integration (largely due to the VUCA / BANI world we live in!)
- The integrated framework of strategy, risk and resilience and key integration stages
- The benefits of an integrated approach including good governance
- Enablers to successful integration and barriers to integration
This session will also discuss the common elements to all three disciplines which are:
- Commit and Mandate
- Context and Enablement
- Perform and Achieve
- Monitor, Review, Record and Report
The presentation will include two short case studies that reflect great resilience;
- Victorinox – build for resilience
- A craft brewer – pivot during the pandemic
The webinar is based on the Institute of Risk Management South Africa’s 2022 release of a guideline on integrating strategy, risk and resilience, The Good Practice Guidelines, the World Economic Forum’s Global Risks Report February 2024 and ISO standards, specifically ISO22301 and ISO31000.
Speakers:
-
Michael Davies
Managing Director, PAX Resilience
Michael is passionate about providing effective risk, resilience and recovery solutions for organisations and has been involved in the resilience & business continuity industry for 20 years after having spent several years in the IT Industry. Michael has assisted clients across various industries not only during disruptions caused by extreme weather conditions, political protest, social unrest and cyber ransomware and breaches, but also has been integral to bolstering their resilience capabilities. Furthermore, Michael has had the privilege to speak about resilience and business continuity management (BCM) at various conferences in Africa and been the author of many articles on leading edge concepts in risk, resilience and recovery.
Michael was CEO of ContinuitySA, the leading BCM service provider in Africa, and left the company in March 2021, having spent 18 years with the company. Whilst at the helm of the company it won numerous prestigious awards including being inducted into the Business Continuity Institute Hall of Fame. This was after winning the Continuity and Resilience Provider award for Africa for 3 consecutive years. Michael’s current focus is to help organisations integrate strategy, risk and resilience for them to remain effective and sustainable in times of great uncertainty and accelerating change.
All BCAW+R webinar recordings will be available on-demand to everyone for 15 days after the end of BCAW+R.
From 31st May 2024 recordings will only be available to BCI Members.
More on
