On Friday 1st November 2019 at a gala event at the Gallagher Convention Centre, ContinuitySA was named the winner of the IRMSA 2019 Industry Specific Initiative Award for the category,” Professional Services, Training Providers, Consultants and Auditors”, for their outstanding contribution to risk management.
The Award recognised the outstanding approach and methodology developed by ContinuitySA with Resilience 2.0. This solution takes business continuity beyond the confines of an organisation expanding it to address the cumulative requirements for an industry sector or complex supply chain web. It enhances the ability of participating organisations to anticipate and respond to disruptive events through structured and directed collaboration.
“I am so proud of the team who worked on this development and am confident that it will be very beneficial to industry players who work in collaborative enterprises and beyond,” said Mr Davies.
“Our Resilience 2.0 methodology significantly strengthens our service offering and demonstrates our capability to venture beyond the silos of individual businesses into organisations in a collaborative network,” adds Michael Davies, CEO, ContinuitySA.
Traditionally, business continuity programmes have focused on an organisation in isolation and its capability and plans to recover from disasters. In the light of recent business trends, an introspective view alone and isolated implementation is no longer enough” concludes Mr Davies. Business continuity and resilience must expand beyond the confines of one organisation and be catered for at a broader level.
The methodology focuses on understanding the integrated nature of risks and triggers in a business ecosystem and establishing suitable structures, mechanisms and capabilities for multiple entities to jointly and effectively respond to disruptive events. In addition, it enhances the day to day incident management to prevent unwarranted escalation of operational incidents into crises.