WHAT'S THE SCORE?

Emergencies, crises and disasters can happen at any time. At the same time, security risks have become more complex. 

Organisations around the world are increasingly implementing risk management processes to deal with uncertainty and ensure continuity. Security risk management (SRM) carries out the function of the management of threats and minimisation of losses. Many of the threats, such as terrorism, organised crime and cyber are unpredictable and networked, making them more difficult to manage.

Think about what you're doing, in a structured, joined up sort of way

Within multiple industries there is proof that threat mitigation is being used as part of a standard management practice involving other management disciplines, rather than being standalone. Practices such as emergency planning, business continuity management (BCM) and SRM have key roles to play in facilitating greater organisational resilience. The key to fostering sound business acumen is where corporations place these procedures and how they interlink. The areas of BCM and emergency/crisis management have grown in prominence in recent decades as industries have suffered losses through inadequate risk analysis and assessment. Furthermore, if an organisation does not have a structured approach where these principles are integrated, then business operations can be severely damaged.