Business Continuity Management (BCM) can be defined as a holistic management process, focused on the ability of a business to plan for and respond to incidents and business interruptions. The primary objective is to facilitate continuity or recovery of operations at a pre-determined acceptable level. Examples of disruptions where BCM tools and processes can be…
Barbados continues to experience unprecedented times, with crisis after crisis, lives lost, an increasing number of businesses closing their doors, and the effects of climate change wreaking havoc on our ecosystems and infrastructure. A sense of frustration, vulnerability and sometimes anger, echoes from the conversations I have had with business executives and employees alike. As…
It is April 9, 2022, and as I prepare to write this article my mind drifts back to exactly one year ago. For those who may not recall, it was on this exact date in 2021 that the La Soufrière volcano erupted in St. Vincent, casting that entire island and its neighbours including Barbados, into…
In October 2021, while presenting at BIBA’s annual Global Business Conference, I discussed the importance of being ready for the next crisis. With no access to a crystal ball, I listed a few areas for consideration. According to the PwC Global Crisis Survey 2021, as many as 95% of business leaders reported that their crisis…
