Business continuity after the Japan crisis: lessons learnt
Proceedings report from The Asian Banker teleconsultation on lessons from the Japan crisis on May 31, 2011 June 30, 2011 | Nadir AhmadI. Introduction 2. The objectives of the session were: i) to give participants an insight into various business continuity measures adopted in the wake of the Japan crisis, and ii) to discuss potential improvements to the future responses of the business continuity community. 3. This teleconsultation was supported and hosted by The Asian Banker. 4. The following are the key points of discussion from the teleconsultation. The key participants in this teleconsultation were: 1. Willem Hoekstra - Director of Business Continuity Management, Société Générale 2. Jeremy Hayworth - Head of Business Continuity Management, Asia Pacific, Europe, and America, ANZ 3. Aldo Joson - Senior Research Analyst, The Asian Banker (moderator) 1. Crisis Management and Planning Processes 2. Incident Impact and Response Structures 3. People Issues and Corporate Programs 4. Information Management and Communications 5. Compliance 6. The Future of Business Continuity and Potential Industry Collaboration 7. Current State of Japan and Miscellaneous Takeaways 1. Crisis Management and Planning Processes i. Crisis management requires not only strong leaders, but dedicated teams with clear limits and mandates. ii. There must be strong perceptions of risks and threat levels. iii. Whenever there is a risk of a threat, the Business Continuity (BC) team must relay their findings to the appropriate personnel so that shareholders can be informed o... Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Japan, Operational Risk, Risk and RegulationJapan,Oprisk,Risk and Regulation, Japan,Operational Risk,Risk and Regulation, Keywords:Société Générale, ANZ, Compliance Société Générale, ANZ, Compliance
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