What Risk Factors Not-For-Profit Organizations Need to Know in Today's COVID-...
Bccp Bccm Noah Bcaw 3 24 10
1. I would like to thank everyone for taking the time out to participate in
today’s webcast titled “It wasn’t Raining When Noah Built the Ark!”
As you know, the 2010 BCAW is facilitated by the Business Continuity Institute
with the support and critical input from many globally recognized
organizations and BC professionals. This week features many valuable BCM
resources that are being made available to you free of charge so I urge
everyone to take full advantage of these great tools and to pass the word
on to your colleagues. Now, without further adieu, we will begin our
featured presentation.
Our names are Carrie Bekker – BCCP, Robert Conlon - BCCP and Rudy
ShouShany – BCC Management. We would like to speak to you about “It
wasn’t Raining When Noah Built the Ark!”
3. ABOUT US
Bekker Compliance Consulting Partners, LLC (BCCP):
Carrie F. Bekker, Founder & CEO Robert J. Conlon, Senior Consultant
Business Continuity Consultancy and Management (BCC management):
Rudy ShouShany, Senior Consultant
TODAY’S CO-PRESENTERS:
4. ABOUT BCCP
(www.bccp-llc.com)
BCCP is a full-service global consulting firm specializing in regulatory
compliance, risk management, governance, business continuity
management, and education/training to the financial services
industry -- worldwide!
We provide practical, hands-on consulting solutions to banks,
brokerage firms, investment advisers, insurance companies, and firms
who specialize in Islamic Finance, commodities, derivatives, and
alternative investments. We also provide customized education and
training services through Bekker Compliance Institute (BCI), our
educational and training services division.
BCCP was founded by Carrie Bekker, a legal/compliance veteran with
29 years global regulatory compliance expertise in the financial
services industry.
5. Carrie F. Bekker
Carrie is a global financial services veteran with 29 years legal and regulatory
compliance experience, derived from her tenure as a Corporate/Securities
Paralegal in law firms, corporate law departments, and trust companies in the
United States and internationally. She has also held Senior Compliance Officer
positions with several global financial conglomerates, including AEGON/
Transamerica, Pacific Life, and AIG Sunamerica.
Carrie makes is a point to stay abreast of global developments and trends to
continue honing her own consulting and training skills, and to ensure that BCCP
continues to adapt its business to cater to emerging markets and unmet needs
in the financial services industry, with a special emphasis on international best
practices coupled with local knowledge and cultural norms.
Carrie travels frequently throughout the US, Middle East and Asia to visit clients,
meet with regulators, speak at trade conferences, and catch up with her
friends, colleagues, and Global Alliance Partners.
6. Robert J. Conlon
Bob is a Senior Consultant & Instructor at BCCP/BCI. He has 25+ years
expertise in all phases of business continuity, disaster recovery, pandemic
planning, recovery testing and project management. His industry experience
includes financial, healthcare (hospitals), academia, and manufacturing. In
addition, he has extensive knowledge in data center management.
Most recently, during his tenure with a major NY financial investment
company, he served as Vice President of Business Continuity Management
with responsibilities both domestic and international.
His strong interpersonal management skills along with his business recovery
expertise have been instrumental in developing successful recovery strategies
that protect staff, business and reduce expenses.
Bob is a member of the Continuity Planning Exchange (CPE), Disaster
Recovery Institute International (DRII) and NorthEast Disaster Recovery
Information X-Change (NEDRIX).
7. About BCC Management
(www.bccmanagement.com)
Business Continuity Consultancy and Management (B.C.C
management) has been in business since 2006. It specializes in
business continuity, disaster recovery planning, and strategic
reviews of conceptual plans. Our core competence is
defined in terms of its experience in Business Continuity
Planning and Management.
B.C.C Management has participated in many International
Conferences in many countries including Canada, United
Kingdom, and the United States. And also we have been
involved in many ‘Business Continuity’ studies and articles and
Standards with results published in renowned magazines and
international websites.
8. Rudy ShouShany
Rudy is a Senior Consultant at Business Continuity Consultancy and
Management (BCC management). He has 14 years experience. Prior
Consulting experience included Information Technology/Disaster Recovery,
High availability, planning and designing for Enterprise companies and Banks.
He is Business Continuity, Information Technology, and Auditor Certified.
Rudy is an author and international speaker in the Business Continuity field
and was featured lately in the CPM East Florida, Business Continuity Journal,
Continuity Central Magazine, Arabian Business magazine and University
magazines.
Rudy is a Member of Business Continuity Institutes BCI Canada and Business
Continuity Middle East.
Articles published by Rudy:
Is Dubai Business Continuity Ready?, BUSINESS CONTINUITY the University
Guide, Add War to Business Continuity, IT Survival Kit.
9. It wasn’t Raining When Noah Built
the Ark!
You have invested time and resources into making your business
successful. You have built a dedicated customer base, a good
reputation for paying suppliers and provide goods and services
efficiently and quickly, and are a member in good standing of the
local business community.
Now, imagine that all you have worked for was destroyed or
damaged.
BE PREPARED LIKE NOAH AND PROTECT YOUR BUSINESS
BEFORE A DISASTER HAPPENS!
10. Business Continuity Management
BCM aims to improve an organization’s resilience. By identifying,
in advance, the potential impacts of a wide variety of sudden
disruptions to the organization’s ability to succeed it is able to
prioritize the efforts of various other specialists aiming to
achieve resilience in their areas of expertise such as security,
facilities and IT.
11. The Myths
“It won’t happen to us”
“We will cope – we always do”
“We are too big to fail”
“We’ll worry about it later”
When questioned about their lack of preparedness, companies often
rationalize there was no reason to be concerned with preparing for a disaster
or major business disruption, which may or may not even happen. Some
companies believe their insurance companies will pay for everything. Most
companies think they don’t have the time to prepare for something that will
never happen. But the reality is a huge percentage of companies that are hit
with a major business disruption never recover, and many of them go out of
business entirely.
• false assumptions.
12. Sobering Statistics
"The average company will lose at least 25% of their Daily Revenue in
the first six days and over 40% will be lost if the disaster lasts up to 24
days." – Source: University of Texas, Arlington
"Companies with a major disaster, 29% close within 2 years and 43%
will NEVER reopen." – Source: DATAPRO Research
"50% of companies having a disaster without a plan are out of
business within 2 years." – Source: IBM Recovery Services
"80% of companies having extended disasters are out of business
within 5 years." – Source: University of Minnesota
14. Key Elements of a BCM Plan
• Business Impact Analysis
• Business Recovery Strategy
• Contingency Planning
• Crisis Management
• Awareness Training
• Testing and Maintenance
15. The Truth
While we are not able to predict when a major disaster will unfold,
either manmade or natural, we can still be aware of the likely
impacts and issues that we are faced with in the event of a
disaster or a business disruption and prepare to mitigate and to
continue the operation with minimal disruption.
16. Procrastination
A potential client once said:
“Procrastination is a problem when it comes to doing my business
recovery plan. As a business owner I have a lot to do. It’s not like
a disaster is going to happen tomorrow. Besides, we have that
new business pitch. I’ve been waiting for this to happen for a
while now. I’ll get the recovery plan finished eventually.
Nothing to worry about, it’ll happen.”
17. Procrastination
Whether natural or man-made, at least one in four businesses
affected by a disaster never reopen. Though emergencies are
unpredictable, when you have a plan in place you can adapt,
recover and stay in control.
It’s never too late to protect your business until it is!!
BE LIKE NOAH
MAKE A PLAN
19. Benefits of BCM
• Improved security
• Protect the firms most precious asset - people
• Reducing exposure to particular risks by methodical risk identification
• Protection of stakeholder value
• Improved understanding of the business is gained through risk analysis
• Operational resilience follows on from implementing risk reduction
20. Benefits of BCM – cont.
• Downtime is reduced when alternative processes and workarounds
are identified
• Compliance issues can be identified and managed for alternative
processes
• Vital records can be maintained and protected
• The implications for Health & Safety legislation and Duties of care can
be considered.
• Better organizational resilience by designating alternative people
(cross training) to support key processes and by defining and
documenting recovery processes
21. What we can do for you
YOU ARE NOT ALONE … WE CAN HELP!!
Our Senior Consultants can help you create a Business Continuity Plan
designed to minimize disruption of your business if a Pandemic strikes your
firm! How? By helping you with:
• Business Impact Analysis
• Pandemic Planning
• Recovery Strategies
• Awareness Training
We can also assist your team in navigating through the choppy waters of
the Business Continuity Process and develop an Enterprise-Wide Business
Continuity Plan that would include all of the recovery scenarios.
23. THANK YOU FOR JOINING US TODAY!!
YOU ARE NOT ALONE … WE CAN HELP!!
Contact Us today for a private consultation with Business
Continuity Experts Bob Conlon of BCCP and Rudy ShouShany of
BCCManagement!
cbekker@bccp-llc.com
rconlon@bccp-llc.com
rudy@bccmanagement.com
24. Thank you for your participation and many great questions, I would be
happy to continue to answer any other questions that may come to you
at a later time, please feel free to contact me by using the contact info
that I have shared with you today. Let me again remind you to take the
time to attend as many of the week’s webcasts as you can as well as to
download the available digital assets that are of interest to you – but
don’t worry, if you are unable to attend a specific webcast or the week
comes to an end before you have requested a specific case study, you
can always view an archived webinar or access the BCAW website later
to retrieve your digital asset. Today’s discussion slides, as well as most of
the other presentations will be available for download after March 28,
2010 – so please check back if interested.
Thanks again, and enjoy the rest of what this terrific week-long event has
to offer our discipline.