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COVID – 19 and Resilience: Has ISO 22316 standard been responsive?

Speaker details: Hassan Al Alawi, Senior Director, Oman Infrastructure Investment Management (OIM), Muscat, Oman

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COVID – 19 and Resilience: Has ISO 22316 standard been responsive?

  1. 1. Contact us: info@alvinintegrated.com | +91 8802 505619, +91 8287509289 | www.alvinintegrated.com Platinum Sponsor OUR SPONSORS & PARTNERS Event Partner www.alvinintegrated.com Knowledge Partners 27th FEB 2021 (SATURDAY) 09:00 AM - 17:30 PM IST
  2. 2. COVID-19 and Resilience: has ISO 22316 standard been responsive? 27th February 2021 (Saturday) Time: 11:20 am - 11:45 am IST ISO 22316:2017 By Hassan Al Alawi, Senior Director, Oman Infrastructure Investment Management (OIM), Muscat, Oman
  3. 3. Speaker Introduction: Hassan Al Alawi Muscat, Oman 25 years+ Industry experience Senior Director at Oman Infrastructure Investment Management (OIM) Hassan Al Alawi has over 27 years professional experience, in project management, project finance and capital markets, Merger & Acquisitions, risk and business continuity management and corporate governance, managing several major projects for global leading conglomerates. Has broad experience in executing the full life cycle of projects (in particular in oil & gas and energy sectors) across various contracting strategies gained from his international working experience with international firms for circa 10 years in UK, Japan and the Gulf area. Hassan is a Senior Director at Oman’s Infrastructure Investment Management (OIM); a specialist infrastructure manager wholly owned by Oman Investment Authority (OIA). Prior to joining OIM, Hassan worked for The Oil & Gas Holding Company “nogaholding”, Bahrain Sovereign Wealth Company for oil & gas sector, as a Portfolio Management Manager & Risk Manager where he successfully managed various tasks e.g. first Build Own Operate & Transfer (BOOT) project in Bahrain (Bahrain LNG), launching of holding company group inaugural of US$ 1billion Debt Capital Market issuance in 2017 followed by re-issuance of another US$1billion dual tranche bond in 2018. Hassan has excellent experience in developing, implementing and leading Enterprise Risk Management (ERM), Business Continuity Management (BCM) and Crisis Management (CR) using international codes and standards and best practices. He has been chairing and delivering speeches at various international conferences of risk and resilience management in the region, Asia and Europe. Connect at LinkedIn: Hassan Al Alawi – LinkedinProfile 3
  4. 4. o What is business resilience: How familiar are you with ISO 22316? o ISO 22316 and its relationship with business continuity and crisis management o Why is Organisational resilience important: does resilience add value & how much resilience we need? o How do you build organizational resilience & where does the responsibility for resilience sit within an organisation? oStrategies to underpin business resilience. 4 KEY POINTS
  5. 5. • Organizational Resilience & ISO 22316: introduction & objectives • Resilience: relationship with BCM & CM – value added • How you build Organizational Resilience • ISO 22316 in covid-19 era • Strategies to underpin business resilience 5 AGENDA
  6. 6. The ability of an organization to anticipate, prepare for, respond and adapt to incremental change and sudden disruptions in order to survive and prosper. 6 It reaches beyond risk management towards a more holistic view of business health and success. Organizational Resilience
  7. 7. ISO 22316: Security and resilience — Guidelines for organizational resilience
  8. 8. 8 OR Model: 3 Dimensions 9 Strategies 16 Behaviours.
  9. 9. 9 KEY POINTS • ISO 22316: introduction & objectives • Resilience: relationship with BCM & CM – value added • How you build Organizational Resilience • ISO 22316 in covid-19 era • Strategies to underpin business resilience
  10. 10. Organizational Resilience (ISO 22316:2017) : “The ability of an organization to absorb and adapt in a changing environment to enable it to deliver its objectives and to survive and prosper.” 10 Business Continuity (ISO 22301:2018): “The capability of an organization to continue the delivery of products or services at acceptable predefined levels following a disruption”. Summary: business resilience builds on the principles of business continuity but extends much further to help enhance an organization’s immune system to be able to tackle challenges, fend off illness and bounce back more quickly. Business continuity vs. Business resiliency
  11. 11. 11 From disruptive to operations
  12. 12. Where Resilience fits?
  13. 13. 13 KEY POINTS • ISO 22316: introduction & objectives • Resilience: relationship with BCM & CM – value added • How you build Organizational Resilience • ISO 22316 in covid-19 era • Strategies to underpin business resilience
  14. 14. What challenges need to be thought of?  Known challenges encountered  Challenged in ways for which we have no experience  Reinforcing threats  New opportunities 14
  15. 15. 15 Anticipate , Adapt , Assess Key Capabilities of the Resilient Organization 1. Purpose & Meaning 2. Empowerment 3. Social Connections 4. Emotional Intelligence 5. Learning Orientation 6. Innovation Steps to Building a Resilient Organization
  16. 16. 16 KEY POINTS • ISO 22316: introduction & objectives • Resilience: relationship with BCM & CM – value added • How you build Organizational Resilience • ISO 22316 in covid-19 era • Strategies to underpin business resilience
  17. 17. The challenges faced due to the global outbreak of COVID-19 and the potential role of quality and standards in mitigating its negative effects
  18. 18. Mitigate the impact of COVID- 19 on your company Standards can play a crucial role in gaining business’s confidence i.e. how to deal with pandemic. Standards can specify requirements that organizations must comply with in order to ensure they can operate in a safe and hygienic way. 18
  19. 19. 1 9 What do organizations need to do now to ensure they are in the best possible position for the environment that emerges? o Survive o Understand in detail how your business works o Collaborate o Plan for success
  20. 20. 21 KEY POINTS • ISO 22316: introduction & objectives • Resilience: relationship with BCM & CM – value added • How you build Organizational Resilience • ISO 22316 in covid-19 era • Strategies to underpin business resilience
  21. 21. Strategies for building a resilient business Source: Alexa Collins, Intercom (June 2020)
  22. 22. 23
  23. 23. Questions are Welcomed 24
  24. 24. Please give your feedbacks in the chat box about the webinar.

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