iJET International Inc., a provider of global intelligence and business resiliency services, issued its forecast for the threat landscape in 2012, highlighting macro-issues that will likely impact global business operations, staff and facilities worldwide. According to iJET, the year will pose unprecedented challenges and risks for organizations and those tasked with ensuring employee safety.
“Needless to say, 2011 was a difficult year for many companies operating at home and abroad,” said Bruce McIndoe, President of iJET. “The Arab Spring, the continuing global economic crisis, terrorist attacks on multiple continents, and an array of natural disasters are examples of events that have deeply impacted many organizations’ global operations. In 2012, these threats will continue and over time, increase in frequency and severity.”
Among the 2011 threats that iJET and its regional analysts correctly predicted a year ago: ♦ncreased violence in Guatemala due to a surge in drug trafficking; more violence in Yemen because of President Saleh’s refusal to resign; ongoing tensions in Lebanon; post-election violence in the Ivory Coast; and conflict between the U.S. and Pakistan in light of Pakistan’s apparent collusion with Afghan terrorists. These threats had a direct impact on thousands of business’s operations, assets and bottom lines.
Looking ahead to 2012, iJET urges businesses, organizations and travelers to pay special attention to the following issues:
- Global economic instability will continue to be the primary engine for public uprisings, as seen by recent events like the Arab Spring, the “Occupy Wall Street” movement, and civil unrest in countries like Chile and Greece.
- Arab Spring activities will not subside in 2012. In addition, Syrian protests, the bid for Palestinian statehood, and the U.S. decision to remove its troops from Iraq by year-end 2011 are among the events expected to drive ongoing instability across the region.
- Ethnic and racial disputes will elevate globally. Anti-Muslim and anti-immigrant fervor, for example, are likely to intensify in many parts of Europe.
- Elections and new political leadership in Iran, Egypt, China and Mexico, among others, will result in increased tensions and social discontent in those countries.
- Thailand, Cambodia, and Vietnam will witness increasing political discontent and business disruptions as a result of the 2011 floods.
- High-level kidnappings and terrorist activity will likely escalate in the Sahel region (i.e., Nigeria and the Sudan) and the Islamic Maghreb (i.e., Tunisia and Libya).
- Global health issues will continue to impact businesses and organizations. Avian flu, the possible resurgence of endemic diseases like polio, and ongoing food shortages in developing nations may lead to humanitarian and disease crise
“As seen in the disastrous aftermath of the Japanese earthquake and tsunami, there is no substitute for contingency planning,” said Steve Hoffman, CEO of iJET. “A natural disaster or political uprising can change a country and its business landscape instantaneously. For this reason, organizations must continually monitor the environment for indicators and signals of change in order to better manage that change.”
To ensure employee safety, protection of critical assets and business continuity for 2012 and beyond, iJET recommends that organizations take the following actions:
- Institute proactive measures. Conduct security and threat assessments for areas identified for travel, operations, or expansion.
- Monitor ongoing trends. In the locations where you operate, ensure your organization is equipped with the intelligence and technology required to track changing conditions.
- Track threats to key assets. Identify key operational sites, suppliers, and areas of business engagements — current or planned — and continually monitor threats in those regions.
- Establish or update Operational Risk Management (ORM) and Travel Risk Management (TRM) plans.
- Centralize access to data, emergency communications, emergency plans and key documents so you have what you need when you need it.
- Build a resilient approach to evacuation and other types of response.
iJET is a provider of business resiliency and risk management solutions to multinational corporations and governments, helping them survive and thrive amidst global threats to their people, facilities and supply chain assets. For more information, www.ijet.com.
5 REASONS WHY YOU’LL WANT…
Business Continuity and Risk Management: Essentials of Organizational Resilience
By Kurt J. Engemann, PhD, CBCP and Douglas M. Henderson, FSA, CBCP–
a great reference source and self-study guide
for business continuity practitioners and novices!
This new book is also ideal for BCM practitioners seeking a…
- State of the art summation of the global body of knowledge for BCM, including current international standards and best practices.
- Flexible, modular design that allows you to customize a self-study plan: Ten chapters cover fundamental principles and practices; three chapters give greater detail on Information Technology and Emergency Management for those focusing in these areas; and four chapters delve into Risk Modeling for those seeking a foundation in the statistical underpinnings of risk management.
- Comprehensive training package for professional development classes, including instructor materials: test bank, syllabi, PowerPoint slides, and sample solutions to case studies, discussions, and end-of-chapter questions. Two of the case studies are integrated throughout the text to give practitioners, novices and students experience in applying chapter principles to a service company and a manufacturer.
- Holistic coverage of two interfacing fields: Business Continuity, which tends to deal with consequences, and Risk Management, which tends to be preventative. Both The Business Continuity Institute (BCI) and The Institute of Risk Management (IRM) have endorsed the book.
- Quick desk reference for your BCM team offering a readable blend of academic principles and practical applications—an effective tool for grounding interdepartmental teams learning to develop and maintain BC plans.
$129, 370 pages
“Given the importance of both Business Continuity and Risk Management in an increasingly risky world and their relative maturity as business disciplines, it is strange that little has been done to structure the subject in a way that is accessible to students and the wider academic community. Most relevant books and professional journals are targeted at either the professional practitioner or those with general interest in the topic. What has been missing is a college core textbook that covers the basic body of knowledge for aspiring students wishing to gain academic qualifications en route to a professional career in Business Continuity or Risk Management.
“This new book by Kurt Engemann and Douglas Henderson does much to redress this deficiency in our arsenal of published literature. Written at a level which is very comprehensive but still easily readable it provides a route-map through the terminologies, methodologies and philosophies of the subject….The Business Continuity Institute welcomes this book and wishes the authors well in their efforts to engage with both the business and academic communities in a language that both will understand.”
–Lyndon Bird, Technical Development Director, Board Member and Fellow, The Business Continuity Institute
“As our world becomes ever more turbulent the field of business continuity and risk management increases in importance, often warranting Board-level attention. Organizations must proactively prepare for the future by mitigating risk whilst managing uncertainty through well considered policies, procedures, structure, systems and business culture to react to potentially harmful events as they unfold. In this way, their survival is less likely to be threatened and it will be more likely that their goals will be attained. Too many times we have witnessed business disaster because an organization failed to fully recognize the importance of business continuity and risk management or simply adopted a piecemeal and unsystematic approach.
“Practitioners constantly emphasize the necessity of a holistic approach and I am pleased to see this new book by Kurt Engemann and Douglas Henderson does just that. It is also important to blend theory with practice in this hands-on field; again this is accomplished by the authors of this book who have extensive academic and business continuity and emergency management experience. They bring the subject to life with rich teaching and learning features, making it an essential read for students and practitioners alike.”
–Phil Kelly, DBA, Fellow of the Higher Education Academy (FHEA), Fellow of the Institute of Risk Management (FIRM); Senior Lecturer, Liverpool (UK) Business School; Lead Examiner, Risk Decisions, The Institute of Risk Management (IRM)
“The book cements the notion that BCP professionals will achieve greater success if they collaborate with external resources. This is a book that will inform the novice, support the expert and enhance every business continuity planner’s efforts to create a resilient organization. The book is well organized as an instructional tool, a reference guide, and a toolkit for practitioners.
“Students at both the undergraduate and graduate levels will find what they need to build a strong foundation for business resiliency, regardless of the nature of the business career they seek. Adult learners, and those already BCP practitioners, will find solid support and proven practices to enhance and improve their work. Most of all, an executive, a student, or a practitioner who absorbs the content of this book will be better prepared to function in a field where preparedness is absolutely essential. Keep this book. It will serve you well in your education and practice.”
–Thomas D. Phelan, PhD, Program Director, Emergency and Disaster Management and Fire Science at American Public University System; Founding Member of the U.S. Department of Homeland Security; member, Advisory Board of the Canadian Centre for Emergency Preparedness (CCEP)
“This book is a state-of-the-art addition to the field of business continuity management and allied subjects. It is difficult to write a book that serves both academia and practitioners, but the editors and contributors have accomplished this. Business Continuity and Risk Management provides a firm foundation for novices and a valuable reference for experienced professionals.”
–Mayer Nudell, Certified Security Consultant (CSC) and Adjunct Professor of Security Management, Webster University
Professors, curriculum coordinators:
see www.rothstein.com/bcrm for course adoption information
and to request a complimentary evaluation copy.
About the Authors
Chapter I: Fundamentals of Business Continuity Management
Chapter II: Business Continuity Management Organization
Chapter III: Business Impact Analysis
Chapter IV: Risk Assessment
ChapterV: Strategy Development
ChapterVI: Disaster Recovery for Information Technology
ChapterVII: Information Systems Security
ChapterVIII: Emergency Response
Chapter IX: Enhancing Coordination with External Agencies
ChapterX: Business Continuity Plan
ChapterXI: Crisis Communication
ChapterXII: Crisis Information Management Systems
ChapterXIII: Sustaining Organizational Resilience
ChapterXIV: Fundamentals of Probability and Statistics
ChapterXV: Statistical Applications in Risk Management
ChapterXVI: Simulation Modeling and Supply Chain Risk
ChapterXVII: Risk and Decision Modeling
Case StudyA: Alpha Investment Services
Case Study B: Beta Widget Makers
Case Study C: Supply Chain Analysis
Case StudyD: Sample Risk Assessment
Case Study E: Phased Pre-Positioning of Employees
Case Study F: Tabletop Exercise
Published by Rothstein Associates, Inc.
370 pages, $129, ©2012, ISBN 978-1-931332-54-5.