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| BC Management Now Offers Custom BC/DR Program and Compensation Reporting November 17, 2008 by The Avalution Team |
BC Management Inc. is pleased to announce that it will begin offering customized reporting on BC/DR programs and compensation in 2009. The reports can be customized specific to each client’s criteria, which may include industry, revenues, locations, employees and much more. |
| How Enterprise Risk Management Can Improve Your Credit Rating October 20, 2008 by Glen Bricker |
Recently, Standard & Poor’s announced that they will begin to evaluate Enterprise Risk Management (ERM) processes with non-financial companies in the third quarter of 2008. S&P also indicated that it will begin to consider ERM program maturity and capability in determining ratings as of the fourth quarter. |
| Update on Title IX – Feedback Requested October 06, 2008 by Brian Zawada |
Last week, Avalution Consulting co-sponsored the seventh plenary session of ANSI’s Homeland Security Standards Panel (HSSP). The seven-hour meeting offered attendees a number of valuable insights into how the public and private sectors would engage to implement Title IX of Public Law 110-53. Although a definitive path forward did not emerge, public and private sector participants shared ideas that will lead to an improved program implementation effort (most likely in 2009). |
| Considering Certification? September 13, 2008 by Brian Zawada |
Avalution continues to help a variety of organizations prepare for BS 25999 certification. Having successfully helped an organization achieve certification, as well as working with our clients during pre-assessments, our team is starting to see broad trends, including key success factors for certification as well as common roadblocks to certification. |
| Do You Need A Policy Statement? August 20, 2008 by Ryan Hutton |
Management involvement is not the only driving force behind repeatable, organizational performance. Short, concise policy statements also set expectations and drive consistent performance. Consequently, Avalution finds that regardless of the size or culture of an organization, a policy statement can be a tool to drive business continuity program performance, particularly in organizations where business professionals perform planning in a decentralized manner. This article describes the benefits of, the objections against, and recommendations for an organization-wide business continuity policy. |
| Who Should Be On My Business Continuity Steering Committee? August 05, 2008 by Susan Giffin | When designing or transforming business continuity programs, our consultants are often asked, “Who should participate on our organization’s business continuity steering committee?” While the answer may seem simple and straightforward for some, too often steering committees contain the wrong combination of participants, the wrong “level” of individuals and/or a focus on the wrong objectives. |
| Supporting Employees During a Disaster July 21, 2008 by Jacque Rupert |
Recent man-made and natural disasters led many organizations to reevaluate their strategies for protecting employees from the adverse affects of a disaster. Informed, allied employees whose human needs and concerns are being met form the foundation of organizational resilience and recoverability. In a post-crisis situation, an organization cannot effectively resume operations without the physical and mental health and stability of well-trained and dedicated people. |
| Business Continuity Myths & Facts July 07, 2008 by The Avalution Team |
As we talk to our clients, prospective clients and others involved in the business continuity industry some consistent themes, questions, misconceptions and general commentary have emerged. In order to encourage discussion and continual improvement in the Business Continuity Management industry, Avalution has started a semi-regular column to answer - or at least spur further discussion on - key topics. |
| FFIEC Updates the Business Continuity Standard for Banks April 07, 2008 by The Avalution Team |
The newly-released 2008 FFIEC Business Continuity Planning booklet continues to incorporate new business continuity themes and trends. While the tables at the end of this perspective provide detailed comparisons between the 2003 and 2008 requirements, there are five broad areas of improvements the FFIEC focused on... |
| Proactive versus Reactive – Business Continuity’s Role in Treating Risk, Not Just Reacting to It March 10, 2008 by Glen Bricker |
As our industry evolved, we moved from methodologies based on information technology-focused disaster recovery to more holistic, but still reactive, business continuity. Now, our industry’s rhetoric, and a growing number of its standards, point to more proactive practices, commonly called business resiliency. Still, all of the approaches start from the same point; something bad has or will happen. |
| Overcoming Preparedness Fatigue February 18, 2008 by Brian Zawada | All Business continuity professionals eventually face the prospect of preparedness fatigue in their organization. In the absence of an event or other external mandate, how do you keep management engaged and willing to continuously invest in organizational preparedness? |
| FFIEC Expands Pandemic Planning Guidance for Financial Institutions January 23, 2008 by Stacy Gardner |
For financial institutions waiting for more formal guidance from the Federal Financial Institution Examination Council (FFIEC) before planning for a pandemic, the time is here. The FFIEC, an interagency council that prescribes uniform standards for the United States financial industry, recently followed up the industry’s “Interagency Advisory on Influenza Pandemic Preparedness” and NCUA’s “Letter to Credit Union 06-CU-06 - Influenza Pandemic Preparedness” with new guidance. |
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