Keeping a BCM program alive doesn’t get cheaper or easier over time. In this eBook, we’ll talk about why.
Download It gets cheaper and easier, the fourth myth in Lootok’s series on the five myths of business continuity management (BCM)!
Fresh perspectives: recognition-primed decision model
How can leaders make good decisions under the extreme time constraints of a crisis? To find out, research psychologist Gary Klein studied fire fighters to understand their approach to making crucial, complex decisions so quickly. The recognition-primed decision (RPD) process, as he explains, reveals how these professionals assess the situation: they compare familiar patterns and cues to past experiences to know which actions to take.
Lootok is looking for a meticulous Operations & Finance Manager
Lootok is a boutique NYC-based business continuity advisory firm that differentiates ourselves through our innovative, engaging and cognitive approach to consulting. We are looking for a full-time candidate to assist the COO/CFO with overall company operations. The ideal candidate will have the desire to be involved in all aspects of running a company including human resources, business partner management, accounting…
Manage relationships and related agreements with human resources, bookkeeping, tax, technology, insurance, and legal business partners
Facilitate client contract review and approval process through correspondence with legal counsel
Ensure accuracy and reasonableness of financial information through reviews of monthly statements and updates to annual budgets
Interact with the consulting and creative teams to assess appropriate deliverables to include in client projects and create statement of works
Liaise with external bookkeeping company to ensure timely submission of employee time and expense, vendor payments, and customer invoices
Onboard new employees by providing technology (laptop and iPhone), software access, training on policies / procedures, and ongoing support
Assist in developing more formalized human resources processes including recruitment, employee evaluations, and procedure implementation
Ensure employees comply with project requirements by becoming proficient in the use of our project management software and reviewing weekly reports
Perform a variety of research ranging from business policies to time and expense software, evaluate the best options, and present solutions to leadership
Serious business play: Lootok to collaborate with Highline Games
Lootok stands apart from other consulting firms—not only in the depth of our experience, but also in our willingness to challenge conventional thinking about business continuity and crisis management practices. This has never been more true than today. We are proud to announce that Lootok is collaborating with Highline Games to explore how games and “gamification” can breathe new life into risk management programs and practices. Highline Games, co-founded by Eli Weissman and Anthony Litton of Grand Theft Auto and W.E.L.D.E.R. fame, will work with Lootok’s consulting and creative teams to bring gaming methodologies to such topics as BIAs, plan data entry, and program engagement.
The risk matrix is a standard tool commonly used in risk assessments. It’s straightforward to use, and easy to explain. The only trouble is, the risk matrix doesn’t actually forecast or measure risk.
When used as a quantitative tool, the risk matrix is misunderstood. Our challenge as practitioners is to recognize the limitations of the risk matrix, so we can use it in a way that increases understanding of the threats around us. In this eBook, we explore how.
Understanding the risk environment: Sean Murphy discusses nonlinear environment with Gary Klein
I had the pleasure to interview Gary Klein the author of “Seeing What Others Don’t,” “Streetlights and Shadows,” “Working Minds,” and “Sources of Power.” His research and experience is invaluable to anyone in the field of risk management. In this interview, Gary talks about the difference between a well-ordered domain (i.e., normal business environment) and complex domain (i.e., crisis environment). Understanding the characteristics and attributes of each environment is critical to understanding what tools, processes, and capabilities needed to be successful in each environment.
Debunking myth #2: You need a business impact analysis (BIA)
Many of us business continuity management (BCM) professionals are convinced that a business impact analysis (BIA) is a “must-have” for any company. On top of that, we often believe the more information we gather, the better. But after the enormous effort to collect mountains of data and conduct endless interviews, we end up with little value to show for it.
Doing a BIA is expected of us, but do companies actually need a BIA? I guarantee that conducting an extensive BIA project is a quick way to exhaust your resources, stall your program agenda, and taint the reputation of your program. But if you’re willing to question why you’re doing a BIA, and then facilitate the process in a practical way for participants, you can maximize your investment. This eBook explores how to do this, and why it matters.