Senior Risk Consultant, Marsh Risk Advisory
Sarah is responsible for developing and delivering a suite of bespoke crisis management and business continuity management services. This includes developing and facilitating business continuity and crisis management training packages for a range of clients.
In some instances this meant working/operating remotely, whilst others were forced to shut until further notice. Many businesses did not recognize the importance or need for a coordinated business continuity response until the emergence of this pandemic and as a result, did not have any safeguards in place.
Accordingly, an effective Business Continuity Management (BCM) Framework with key recovery plans is essential for any organisation that seeks to develop and strengthen its organisational resilience.
A Business Continuity Management (BCM) framework outlines the structure of an organisation’s resilience and recovery activities. It provides a consistent set of principles for planning, responding and recovering from any business interruption and/or disruptive event. The diagram below provides a holistic overview of a BCM Framework.
Over 120 people attended the CEO Breakfast or Local Government Risk Forum on Tuesday 6 September 2022, at Crown Perth.
Representatives from across the state — from Port Hedland to Esperance and everywhere in between joined together to network and explore current risk issues for the sector.
WorkCover WA is the government agency responsible for regulating and administrating the workers’ compensation scheme in Western Australia under the Workers’ Compensation and Injury Management Act 1981.
Businesses are prone to a host of disasters that vary from minor to catastrophic. The start of the COVID-19 crisis in 2020 was sudden, unexpected and incredibly difficult for many.
A Business Continuity Plan (BCP) is a core component of the BCM Framework and is a concept that is often the primary focus of organisations that are maturing their resilience and recovery practices. A BCP is a set of documented procedures that guides an organisation to respond, recover, resume and restore to a predefined level of operation following a disruptive event.
A robust and fit-for-purpose Business Continuity Plan (BCP) is key in enabling an organisation to maintain resiliency; respond and recover following an unexpected business interruption.
The benefits of having a robust BCP include:
The BCM framework is underpinned by the Business Continuity (BC) policy is the key document that sets out the purpose, context scope and governance of the BCM Framework.
Each month we take your questions to one of our LGIS team members to answer.
If you want to submit a question for next issue, email us at [email protected]
Local governments are community makers, providing the places that create connection and a sense of belonging.
The City of Bunbury’s new youth precinct, Koolambidi Woola, has successfully married design and a strong risk management approach to deliver for the local community
The claimant, a cyclist, was riding his bike along a shared bike/footpath. He allegedly slipped on the path’s ‘slow down’ warning signage, injuring his ankle and knee. In his claim, the cyclist alleged that the signage was slippery and had a design flaw.
LGIS is the unifying name for the dedicated suite of risk financing and management services for WA local governments, established by the WA Local Government Association in conjunction with JLT Public Sector (part of the Marsh group of companies). LGIS is managed by JLT Public Sector (ABN 69 009 098 864 AFS Licence 226827).
Risk Matters, via this website, is designed to keep members, their staff and elected members informed on topical risk management and insurance issues and LGIS programs and services.
