Why is Resilience of Operations the Top Priority for Businesses?
A large percentage of companies in the region have no BCM practices in place, making them vulnerable to all kinds of threats and leave them risking the possibility of never resuming their activity following a disruption. Deloitte’s Stuart Craig stresses the importance of developing resilience, especially in today’s dynamic world.
Abu Dhabi, March 23rd 2016 – A large percentage of companies in the region have no BCM practices in place, making them vulnerable to all kinds of threats and leave them risking the possibility of never resuming their activity following a disruption. Deloitte’s Stuart Craig stresses the importance of developing resilience, especially in today’s dynamic world.
Mr. Craig, who carries more than 30 years of experience in the field, explains why creating operational resilience has been raised to top priority: “We live In a rapidly changing world where information has strategic value, supply chains are interconnected and uncertainties abound in global business.”
“Today’s political, economic and technological landscapes have introduced new challenges and exposures for industry and government alike. Even a casual scan of the media shows that cyber-attacks, supply chain disruption, and natural disasters are sufficiently pervasive for resilience to remain on Top Management’s agenda for years to come. Hence the need for organizations in the region to start or expedite their resilience journeys has never been greater.” he further clarifies.
So why should organizations in the region start to safeguard themselves and their assets? What are the required processes and procedures?
Deloitte, recognized as one of the founding advocates and global leaders of Business Continuity and Resilience, with longstanding partnerships with government and industry and a 30 member team dedicated to this practice within the Middle East region, looks forward to sharing their best knowledge and technologies in this field at the upcoming 6th Annual Business Continuity & Emergency Response Forum.
As further stated by Mr. Craig: “In line with our commitment to develop and foster the resilience community, as well as the capabilities of organizations in the Middle East, Deloitte renews its commitment to the industry by sponsoring the 6th Annual Business Continuity & Emergency Response Forum. The Forum will greatly help its participants draw on each others’ insights in order to build sound approaches to effective management of major disruptions.”
The event, taking place on May 23 – 24 in Abu Dhabi, will feature more than 20 speakers from the region including experts like Saif Saeed Al Qubaisi, General Director at the Regulation & Supervision Bureau, Major Abdulla Ali Ahmed Mohamed Alsagheiry Al Hamoudi, Abu Dhabi Police, Management & Public Safety at the Abu Dhabi Police, Colonel. Eng. Mohammed Ahmed Albastaki from the Dubai Police, Dr. Mohamed Ali Karkoukli, Group Emergency Preparedness Director at SEHA and Dr. Humaid Al Kindi from Abu Dhabi’s Environment Agency etc. They will address the issues and solutions pertaining to implementation of the NCEMA BCM standard across the public and private sectors; cyber warfare; development of sustainable, defensible and progressive BC & ER programs, deployment of the latest advances and technologies needed to strengthen organizational resilience and many more topics.
For the first time, the Middle East BCI Awards will take place at the end of Day 1 of the conference to recognize the outstanding contributions of business continuity professionals and organizations living in or operating in the Middle East. The BCI will award the next generation leaders in the BC community in 8 judged and 1 public vote categories.
Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is the first Arab professional services firm established in the Middle East region with uninterrupted presence since 1926. Deloitte is among the region’s leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with more than 3,000 partners, directors and staff. Our clients benefit from the breadth and diversity of our resources in helping them manage their growth and broaden their presence in the global economy. Combining the global insight and innovation of a worldwide firm with local knowledge and industry expertise, our people offer powerful business solutions that help our clients excel. We have continued to play a pivotal role in serving the region’s high-growth industry sectors such as tourism, hospitality and leisure, construction, telecoms and financial services, as well as major sectors such as oil and gas, the public sector and the Gulf region’s sovereign wealth funds. Our Middle East knowledge centers are a testament to our specialized capabilities in strategic services and industries.