Comments on: … what’s in a name? http://www.blog.vrg.net.au/practice/bc-practice/whats-in-a-name/ sharing views and thoughts on a range of topics Sun, 22 Jan 2012 20:29:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ken Simpson http://www.blog.vrg.net.au/practice/bc-practice/whats-in-a-name/comment-page-1/#comment-332 Ken Simpson Tue, 01 Jun 2010 03:04:31 +0000 http://www.blog.vrg.net.au/?p=838#comment-332 Hi John, thanks for your comment.<br><br>Am totally with you on the need to take the holistic perspective rather than just for a functional unit.<br><br>It is interesting how we all use certain terms differently - when I see "Disaster Recovery" I think of IT Recovery. Rarely would I use that label to apply to recovery of a business unit/function after an outage.<br><br>Do you use it in the same context?<br><br>I agree the difference between ITDR and BCM is significant. Hi John, thanks for your comment.

Am totally with you on the need to take the holistic perspective rather than just for a functional unit.

It is interesting how we all use certain terms differently – when I see “Disaster Recovery” I think of IT Recovery. Rarely would I use that label to apply to recovery of a business unit/function after an outage.

Do you use it in the same context?

I agree the difference between ITDR and BCM is significant.

]]> By: John Glenn, MBCI http://www.blog.vrg.net.au/practice/bc-practice/whats-in-a-name/comment-page-1/#comment-331 John Glenn, MBCI Mon, 31 May 2010 06:29:09 +0000 http://www.blog.vrg.net.au/?p=838#comment-331 According to <a href="http://www.merriam-webster.com/dictionary/resilience" rel="nofollow">http://www.merriam-webster.com/dictionary/resil...</a>, RESILIENCE (dates from 1824) means: <br>1 : the capability of a strained body to recover its size and shape after deformation caused especially by compressive stress<br>2 : an ability to recover from or adjust easily to misfortune or change<br>To this practitioner, RESILIENCE = (Disaster) RECOVERY.<br>Unfortunately, Merriam-Webster fails to provide a definition for "Risk Management," but the first 2 (of 4) definitions for RISK are <br>1 : possibility of loss or injury : peril<br>2 : someone or something that creates or suggests a hazard<br>and the first 2 (of 3) definitions for Management ) are<br>1 : the act or art of managing: the conducting or supervising of something (as a business)<br>2 : judicious use of means to accomplish an end<br>What I (try to) do is manage risks on an enterprise (vs. functional unit only) ergo I promote what I do as Enterprise Risk Management (ERM). <br>I concur that to too many, BCP, ERM, COOP, et al and etc. are considered simply the nom du jour for disaster recovery, but there really IS a difference (and it's a major one). According to http://www.merriam-webster.com/dictionary/resil…, RESILIENCE (dates from 1824) means:
1 : the capability of a strained body to recover its size and shape after deformation caused especially by compressive stress
2 : an ability to recover from or adjust easily to misfortune or change
To this practitioner, RESILIENCE = (Disaster) RECOVERY.
Unfortunately, Merriam-Webster fails to provide a definition for “Risk Management,” but the first 2 (of 4) definitions for RISK are
1 : possibility of loss or injury : peril
2 : someone or something that creates or suggests a hazard
and the first 2 (of 3) definitions for Management ) are
1 : the act or art of managing: the conducting or supervising of something (as a business)
2 : judicious use of means to accomplish an end
What I (try to) do is manage risks on an enterprise (vs. functional unit only) ergo I promote what I do as Enterprise Risk Management (ERM).
I concur that to too many, BCP, ERM, COOP, et al and etc. are considered simply the nom du jour for disaster recovery, but there really IS a difference (and it's a major one).

]]> By: Ensuring supply chain resilience: Development of a conceptual framework • Supply Chain Risk Research and Literature Review http://www.blog.vrg.net.au/practice/bc-practice/whats-in-a-name/comment-page-1/#comment-323 Ensuring supply chain resilience: Development of a conceptual framework • Supply Chain Risk Research and Literature Review Thu, 29 Apr 2010 22:05:19 +0000 http://www.blog.vrg.net.au/?p=838#comment-323 [...] That seems to be the buzzword these days. It seems to be making its way not only around the blogosphere, but also in the supply chain and logistics literature. And quite frankly, this is one of the the [...] [...] That seems to be the buzzword these days. It seems to be making its way not only around the blogosphere, but also in the supply chain and logistics literature. And quite frankly, this is one of the the [...]

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