Risk Management Ltd

 
Effective corporate governance requires effective risk management
Effective corporate governance requires effective risk management
Counterfeiting is a major source of risk
Counterfeiting is a major source of risk
Access to good risk management information is critical
Access to good risk management information is critical
Blue asbestos was used illegally as insulation
Blue asbestos was used illegally as insulation
Transport links and supply chains cut - effective business continuity management needed
Transport links and supply chains cut - effective business continuity management needed
Fire destroyed a distribution centre in two hours resulting in sale of the business
Fire destroyed a distribution centre in two hours resulting in sale of the business
Bridge destroyed and gas pipeline out of action due to flooding
Bridge destroyed and gas pipeline out of action due to flooding
Damage to a water main - a key infrastructure
Damage to a water main - a key infrastructure
Fire-fighting water run off into an ecologically sensitive lagoon
Fire-fighting water run off into an ecologically sensitive lagoon
Terns living (mostly) undisturbed on a marine platform
Terns living (mostly) undisturbed on a marine platform
Critical services require effective risk assessments and business continuity planning
Critical services require effective risk assessments and business continuity planning
A risk management training course for 200 people in the Philippines
A risk management training course for 200 people in the Philippines
LPG storage site meeting international best practice
LPG storage site meeting international best practice
Unreinforced masonry buildings can collapse in earthquakes, damaging adjacent property
Unreinforced masonry buildings can collapse in earthquakes, damaging adjacent property
A simple human error
A simple human error
New Zealand wool carpets in store
New Zealand wool carpets in store
Most organisations are now highly dependent on telecommunications
Most organisations are now highly dependent on telecommunications
Do your communications give the right message?
Do your communications give the right message?
Change in iron ore price resulted in thefts
Change in iron ore price resulted in thefts
The 2007 Ruapehu lahar resulted in closure of roads and the main rail line - supply chains were cut
The 2007 Ruapehu lahar resulted in closure of roads and the main rail line - supply chains were cut
Aerosols proved to be a key risk source for a supermarket chain
Aerosols proved to be a key risk source for a supermarket chain
The timber industry, a key New Zealand industry
The timber industry, a key New Zealand industry
A risk management training workshop in action
A risk management training workshop in action
Risk communications should be plain English and written for the target audience
Risk communications should be plain English and written for the target audience
Major disasters can prevent access to otherwise undamaged workplaces
Major disasters can prevent access to otherwise undamaged workplaces
Oil pollution after a tank was over-filled
Oil pollution after a tank was over-filled
A new exotic disease is identified each year
A new exotic disease is identified each year

Business Continuity Management

Organisations in New Zealand are exposed to significant risks arising from natural hazards and technological hazards. Such risks can disrupt business-as-usual activities and may require management strategies such as business continuity management and business continuity planning.
Our business continuity management and business continuity planning services are based on thorough risk assessments and business impact analyses.
Effective treatment of disruption-related risks, including business continuity planning, can also help lessen dependency on business interruption insurance. However, we always try to ensure business continuity plans link with business interruption insurance to help maximise their respective benefits.
We believe:

  • any effective business continuity plan is risk-based and focuses on early restoration of the business objectives of the organisation
  • any planning for the management of disruption-related risks must include crisis communications with key stakeholders
  • effective business continuity management depends on actions before the event as much as on responses after the event
  • clients should be as involved as possible in the plan preparation process; they then have ownership of the plan and need less training in its operation.

We base our business continuity management consultancy services on AS/NZS 5050: 2010 Business continuity: management of disruption-related risk. Using our risk assessment tools (including business impact analysis) and the principles set out in the standard we ask clients about their key drivers, services and products – and how much disruption stakeholders would be willing to stand. Answers to these questions help us analyse how:

  • disruption might occur and how it could be prevented
  • the immediate emergency should be responded to
  • restoration to an acceptable level of service might be achieved.

Our projects include attention to crisis management planning and crisis communication plans that will help keep stakeholders informed about the status of service restoration and issues arising.
For more information contact Dave Thompson or Chris Peace.