Feb 16, 2023
Some might believe that banking and Business Continuity Management Systems (BCMS) would be the same around the globe. Though parts of that might be true, other aspects, perspectives, and methodologies aren't always the same. I'm joined by award winning BCM expert Khaled Altawily, who talks about BCM in the banking sector of Saudi Arabia. During the episode, we talk about: 1. Risk tools in Business Continuity Management Systems (BCMS), 2. Risk scales and terminology, 3. Risk and risk Controls, 4. Internal and external partners, 5. The overlap between BCM and various control functions, 6. The maturity of BCMS in the Saudi Arabian banking sector, 7. The challenges with BCM post-COVID19 (Thought on the other side of the world, you'll find that many of the challenges sound familiar.)...and more. Khaled does a great job of shining the light on the banking sector in Saudi Arabia, and how it has implemented a successful BCM methodology, especially when he talks about the maturity levels set for the sector. Don't miss Khaled's insights. Enjoy!
Preparing for the Unexpected is about how people, organizations and communities plan, prepare, test, communicate and respond to sudden unplanned events such as natural and manmade disasters and crises. The show is for everyone who wants an understanding of how plans are created for individuals, organizations and communities and for anyone who wants to know what they can do in their own lives to help protect themselves from unexpected events. There is a myth that disasters happen to others but in reality, they happen to everyone. It's just a matter of when and how well-prepared you are. The greater the level of awareness, communication and knowledge, the quicker one bounces back from adversity. The overall aim of Preparing for the Unexpected is to reduce the suffering, effects and impacts caused as a result of disasters and unexpected life events by increasing knowledge and awareness of Operational Resilience, Business Contingency, Disaster Planning, Crisis Management, and related activities.