Supply chain resilience has reached what Gartner calls the Peak of Inflated Expectations and will arrive at the ‘Plateau of Productivity’ in five to 10 years. This is according to the Gartner Hype Cycle for Supply Chain Strategy, 2022.
Verisk Maplecroft says that the world is facing an unprecedented rise in civil unrest 'as governments of all stripes grapple with the impacts of inflation on the price of staple foods and energy', according to the latest edition of its Civil Unrest Index (CUI).
During the coming months it is expected that the UK Government will launch a National Resilience Strategy that will focus on greater openness about risk, more action on prevention, and an ambitious whole-of-society approach. Robert Hall looks at what this might mean in practice…
KPMG and the University of Queensland have jointly published a new paper on the subject of business resilience. ‘Building business resilience; a multi-faceted challenge’ is based on the outcomes of a collaborative workshop held with numerous senior executives from various public and private organizations.
Lithium-ion (Li-ion) batteries are increasingly impacting shipping and supply chain safety as demonstrated by a number of fires on vessels such as roll-on roll-off (ro-ro) car carriers and container ships.
OnSolve has published a new report, ‘CEO Brief: Global Risk Impact Report’. The report identifies trending physical threats worldwide which can halt the global economy and impact businesses directly.
In a speech to the RMA Australia CRO Conference, Wayne Byres, Chair of the Australian Prudential Regulation Authority (APRA) set out his view of the key points of the regulator’s approach to operational resilience regulation.
The UN has launched an emergency plan in response to severe and ongoing flooding in Pakistan which has impacted communities, businesses, and critical infrastructure in the country.
The British Standards Institution (BSI) has released a revised version of its BS 65000 organizational resilience standard. BS 65000:2022 is now a code of practice, having being upgraded from a guidance document.
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Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.
