Business Resilience Planning in the “New Normal” by Wakefield First & Wakefield Bondholders
10 July 2020 — 10:00am to 11:00am
There was a time, not long ago, where the majority of Business Resilience and Business Recovery plans were centred around cyber- a
There was a time, not long ago, where the majority of Business Resilience and Business Recovery plans were centred around cyber-attacks, technology outages, and malicious acts of sabotage from a disgruntled customer or employee. However, over the last few years, businesses have faced new risks and threats in the shape of terrorism, extreme weather conditions and of course the global pandemic that we are all currently living through. Therefore, it has never been more important to consider business resilience and business recovery as part of organisational strategy and planning.
Business resilience is traditionally seen as the ability to rapidly adapt and respond to business disruptions, safeguard people and assets, while maintaining continuous business operations. Business resilience planning provides guidance for ensuring the ability of personnel to respond, resume, and restore to a pre-determined level of operation following a disruption. Business resilience enables organisations to continue their “mission”, and as we have seen over recent weeks and months, business resilience planning could make or break your organisation in these highly uncertain times. For many businesses though, they have seen an unprecedented increase in volumes, which too has caused major disruption and required a different way of thinking.
Whilst we might not have recognised it in this way the Global Pandemic that we are living through has forced many organisations to enact their pre-determined or reactionary business resilience plan, as business leaders grapple with ensuring that core operations and revenue streams are kept in play. Some are also doing this whilst simultaneously pivoting to new positions, presenting new products to markets and acquiring new customers to help keep their businesses viable in the mid to long term.
In this webinar we will explore the key things you need to consider as part of your Business Resilience Planning and how organisations like Hexagon support the strategic development of these BR plans in these highly uncertain times.
Peter Ahye CEO, Hexagon Consultants Limited
Peter a chartered accountant and the CEO of Hexagon Consultants, has been transforming large and complex businesses for over 25 years. Peter has a successful track record for uncovering opportunities that can add significant value, then delivering that value by implementing change. His achievements include helping to grow EBITDA by over £100m as Group Finance Director at Shop Direct, in one of UK retail’s biggest turnarounds. Through Hexagon Consultants, he has been able to deliver change and support management teams with delivering their agendas. His experiences and successes across a variety of sectors and ownership structures, including public, private equity, government and family ownership, help him and the Hexagon team to bring leading practices and insights to clients.