This paper presents a solution for optimal business continuity, with storage architecture for enterprise applications, which will ensure zero data loss and quick recovery. The solution makes use of Internet protocol s...This paper presents a solution for optimal business continuity, with storage architecture for enterprise applications, which will ensure zero data loss and quick recovery. The solution makes use of Internet protocol storage area network (IPSAN), which is used for data management without burdening the application server, as well as mix of synchronous and semi-synchronous replication techniques to replicate data to remote disaster recovery site. We have presented the detailed design of both synchronous and semi-synchronous with case study of using open source database postgres to prove our point for optimal business continuity. The theoretical presentation is also given for the same.展开更多
This study examines economic effects of business continuity management (BCM) disclosures through analyzing changes in shareholder returns in the wake of the Great East Japan Earthquake. The author examined differenc...This study examines economic effects of business continuity management (BCM) disclosures through analyzing changes in shareholder returns in the wake of the Great East Japan Earthquake. The author examined differences in the recovery of share price between disclosing and non-disclosing corporations. The results show that the cumulative average abnormal returns (CAARs) of disclosing corporations recovered faster than non-disclosing corporations. Then, the author examined differences in the recovery of share price between developing and non-developing corporations. The results show that there is no statistically significant difference in the recovery of share price between developing and non-developing corporations. Finally, the author examined the differences of BCM between disclosing and non-disclosing corporations. The results suggest that BCM or business continuity plan (BCP) disclosing corporations have a broader coverage of the BCP, more appropriate procedures for responding to emergency situations, more effective training of the BCM, and more mature BCM systems than non-disclosing ones.展开更多
The Covid-19 pandemic has severely affected various aspects of life,and its compounding and cascading impacts have been observed in most industries and firms.The oil and gas(O&G)industry was among the first to exp...The Covid-19 pandemic has severely affected various aspects of life,and its compounding and cascading impacts have been observed in most industries and firms.The oil and gas(O&G)industry was among the first to experience the impacts as the pandemic began due to the global economic recession and a sharp decline in demand for oil.The pandemic revealed major risk management and business continuity challenges and uncovered some of the vulnerabilities of the O&G industry and its major companies during a prolonged global disaster.Examining and understanding how the Covid-19 pandemic impacted the O&G sector in different countries,considering their unique circumstances,can provide important lessons for managing the current and future similar events.This study investigated various impacts of the Covid-19 pandemic on the O&G industry using Iran's Pars Oil and Gas Company(POGC)as a case study.Data were collected through indepth interviews with key managers of the company.Qualitative methods,specifically thematic analysis,were used to analyze the data.Findings of this study provide further insights into how the pandemic impacted the operations,risks,and business continuity of the POCG.The results show that the pandemic caused significant operational,financial,and legal impacts by disrupting routine maintenance,reducing the availability of human resources under the public health measures and mobility restrictions,increasing processing and delivery times,increasing costs and decreasing revenues,and delaying contractual obligations.展开更多
The concepts of business continuity management,operational resilience,and organizational resilience each refer to actions that businesses and organizations can take in anticipating and responding to disruptions.Howeve...The concepts of business continuity management,operational resilience,and organizational resilience each refer to actions that businesses and organizations can take in anticipating and responding to disruptions.However,the existing definitions and usages are difficult to differentiate due to overlapping objectives,implementation processes,and outcomes.This article examines definitions and approaches for these three concepts and suggest a framework to operationalize methods and tools relevant to each.These definitions emphasize three dyads:risk versus resilience;organizational processes versus assets;and normal operating conditions versus crisis conditions.Using these dyads to differentiate the concepts of business continuity management,operational resilience,and organizational resilience can support planners in clarifying objectives and identifying which approach will be most beneficial as businesses or organizations plan for and encounter disruptions.This article evaluates these concepts by examining illustrative examples of disruptions and responses.展开更多
Planning and implementation as well as increased control over the Business Continuity Management (BCM) is a complex task in the company requiring adequate resources. BCM aims to reduce risks and develops plans for r...Planning and implementation as well as increased control over the Business Continuity Management (BCM) is a complex task in the company requiring adequate resources. BCM aims to reduce risks and develops plans for restoring business activities if they are interrupted by a disaster. The purpose of the paper is to analyze and describe two standards, Information Technology Infrastructure Library (ITIL) and Control Objectives for Information and Related Technology (COBIT), especially their mapping for the improved planning and implementation of the BCM as well as the increased control over the BCM activities. COBIT is used more as a management framework, providing management tools, such as control objectives, metrics and maturity models in order to complement the control framework. ITIL includes process steps and tasks because it is more oriented towards IT processes (process framework), defining the best practice for IT service management. Within this mapping, ITIL processes may be used to achieve and demonstrate compliance with COBIT control objectives for BCM process.展开更多
Software application is still a heavy dependence for most of the business operation today.Whenever software application encounters error that causes downtime in the production environment,the root cause of the error c...Software application is still a heavy dependence for most of the business operation today.Whenever software application encounters error that causes downtime in the production environment,the root cause of the error can be either within the software application layer or any other factor outside the software application layer.To accurately identify the root cause is difficult whenever more than one log file is required for the root cause analysis activity.Due to such complexity,it leads to the entire duration on the root cause analysis activity became prolong.This will increase the total time taken on restoring the software application service back to the users.In order to identify the root cause of software application error in a more accurate manner,and shorten the duration of root cause analysis activity conducting on software application error,a Prescriptive Analytical Logic Model incorporates with Analytic Hierarchy Process(AHP)is proposed.The proposed Logic Model along with the algorithm will contribute a new knowledge in the area of log file analysis to shorten the total time spent on root cause analysis activity.展开更多
"We are pleased to announce another quarter of profitable growth,"said Dr.Roland Fischer,CEO of Oerlikon Group."Our positive performance confirms that our strategy addresses attractive markets,our initi..."We are pleased to announce another quarter of profitable growth,"said Dr.Roland Fischer,CEO of Oerlikon Group."Our positive performance confirms that our strategy addresses attractive markets,our initiatives and activities are delivering positive results,and we are able to take advantage of the growth momentum and opportunities in our end markets.Consequently,we are in a position to increase our full-year expectations for the second time this year."展开更多
In this in-depth exploration, I delve into the complex implications and costs of cybersecurity breaches. Venturing beyond just the immediate repercussions, the research unearths both the overt and concealed long-term ...In this in-depth exploration, I delve into the complex implications and costs of cybersecurity breaches. Venturing beyond just the immediate repercussions, the research unearths both the overt and concealed long-term consequences that businesses encounter. This study integrates findings from various research, including quantitative reports, drawing upon real-world incidents faced by both small and large enterprises. This investigation emphasizes the profound intangible costs, such as trade name devaluation and potential damage to brand reputation, which can persist long after the breach. By collating insights from industry experts and a myriad of research, the study provides a comprehensive perspective on the profound, multi-dimensional impacts of cybersecurity incidents. The overarching aim is to underscore the often-underestimated scope and depth of these breaches, emphasizing the entire timeline post-incident and the urgent need for fortified preventative and reactive measures in the digital domain.展开更多
This paper aimed to make proposals for disaster prevention and reduction measures based on the experiences and lessons gained through the Kumamoto earthquake. This paper firstly introduced disaster countermeasures of ...This paper aimed to make proposals for disaster prevention and reduction measures based on the experiences and lessons gained through the Kumamoto earthquake. This paper firstly introduced disaster countermeasures of affected local governments within Kumamoto Prefecture. Next, by narrowing the focus on measures concerning the intangible side of things, this paper discussed three points including (1) issues concerning the assumption of disaster countermeasures; (2) issues concerning the BCP (Business Continuity Plan) of both government and private corporations, the DCP (District Continuity Plan) concerning local communities, the CCP (Community Continuity Plan) concerning local communities, and (3) issues conceming disaster countermeasures besides the two issues mentioned above. Based on the discussion results, it was pointed out that the disaster countermeasures assuming complex continuous disasters should be considered.展开更多
This article investigates the extent to which Jordanian service organizations seek to establish continuity culture through testing, training, and updating of their business continuity plans. A survey strategy was adop...This article investigates the extent to which Jordanian service organizations seek to establish continuity culture through testing, training, and updating of their business continuity plans. A survey strategy was adopted in this research. Primary and secondary data were used.Semistructured interviews were conducted with five senior managers from five large Jordanian service organizations registered with the Amman Stock Exchange. The selection of organizations was made on the basis of simple random sampling. Interviews targeted the headquarters only in order to obtain a homogenous sample. Three out of five organizations could be regarded as crisis prepared and have better chances for recovery. The other two organizations exhibited characteristics of standard practice that only emphasizes the recovery aspect of business continuity management(BCM), while paying less attention to establishing resilient cultures and embedding BCM. The findings reveal that the ability to recover following major incidents can be improved by embedding BCM in the culture of the organization and by making BCM an enterprise-wide process. This is one of few meticulous studies that have been undertaken in the Middle East and the first in Jordan to investigate the extent to which service organizations focus on embedding BCM in the organizational culture.展开更多
This article presents some practical approaches inteaching Business English to freshmen of the Continu-ing Education College.It introduces three attempts inmatching the students’situation with the teachingtasks,combi...This article presents some practical approaches inteaching Business English to freshmen of the Continu-ing Education College.It introduces three attempts inmatching the students’situation with the teachingtasks,combining teaching with practice,and givingstudents periodic tests and a variety of test formats in-stead of only giving one test at the end of the term.Itis shown,through the practical attempts,that theapproaches are effective.展开更多
Financial resilience refers to a start-up's capacity to anticipate,plan for,respond to,and adapt to gradual change and abrupt unforeseen shocks to survive and thrive by enacting appropriate economic policies to de...Financial resilience refers to a start-up's capacity to anticipate,plan for,respond to,and adapt to gradual change and abrupt unforeseen shocks to survive and thrive by enacting appropriate economic policies to decrease budget deficits.Economic history tells us that more companies fail to emerge from a downturn than go into or during it.Many studies have been done on financial resilience in many dimensions,but no one has studied start-ups’organizational readiness for financial resilience.This gap inspires the current research,which uses the Total Interpretive Structural Modelling(TISM)approach to identify financial resilience factors and analyze hierarchical interrelationships start-ups’organizational readiness factors for financial resilience.This article aims to identify,assess,and categorize start-up organizational preparation elements for financial resilience.The result shows that the first importance should be given to digital financial innovation,liquidity planning,going concern consideration,financial strategy of CFOs,and cyberthreats.Managers of start-ups can utilize the findings of this study to prepare for financial resilience professionally.In a fast-paced environment,start-ups may use financial resilience to gain a competitive edge.展开更多
文摘This paper presents a solution for optimal business continuity, with storage architecture for enterprise applications, which will ensure zero data loss and quick recovery. The solution makes use of Internet protocol storage area network (IPSAN), which is used for data management without burdening the application server, as well as mix of synchronous and semi-synchronous replication techniques to replicate data to remote disaster recovery site. We have presented the detailed design of both synchronous and semi-synchronous with case study of using open source database postgres to prove our point for optimal business continuity. The theoretical presentation is also given for the same.
文摘This study examines economic effects of business continuity management (BCM) disclosures through analyzing changes in shareholder returns in the wake of the Great East Japan Earthquake. The author examined differences in the recovery of share price between disclosing and non-disclosing corporations. The results show that the cumulative average abnormal returns (CAARs) of disclosing corporations recovered faster than non-disclosing corporations. Then, the author examined differences in the recovery of share price between developing and non-developing corporations. The results show that there is no statistically significant difference in the recovery of share price between developing and non-developing corporations. Finally, the author examined the differences of BCM between disclosing and non-disclosing corporations. The results suggest that BCM or business continuity plan (BCP) disclosing corporations have a broader coverage of the BCP, more appropriate procedures for responding to emergency situations, more effective training of the BCM, and more mature BCM systems than non-disclosing ones.
文摘The Covid-19 pandemic has severely affected various aspects of life,and its compounding and cascading impacts have been observed in most industries and firms.The oil and gas(O&G)industry was among the first to experience the impacts as the pandemic began due to the global economic recession and a sharp decline in demand for oil.The pandemic revealed major risk management and business continuity challenges and uncovered some of the vulnerabilities of the O&G industry and its major companies during a prolonged global disaster.Examining and understanding how the Covid-19 pandemic impacted the O&G sector in different countries,considering their unique circumstances,can provide important lessons for managing the current and future similar events.This study investigated various impacts of the Covid-19 pandemic on the O&G industry using Iran's Pars Oil and Gas Company(POGC)as a case study.Data were collected through indepth interviews with key managers of the company.Qualitative methods,specifically thematic analysis,were used to analyze the data.Findings of this study provide further insights into how the pandemic impacted the operations,risks,and business continuity of the POCG.The results show that the pandemic caused significant operational,financial,and legal impacts by disrupting routine maintenance,reducing the availability of human resources under the public health measures and mobility restrictions,increasing processing and delivery times,increasing costs and decreasing revenues,and delaying contractual obligations.
基金funded in part by the US Army Engineer Research and Development Center(FLEX-4).
文摘The concepts of business continuity management,operational resilience,and organizational resilience each refer to actions that businesses and organizations can take in anticipating and responding to disruptions.However,the existing definitions and usages are difficult to differentiate due to overlapping objectives,implementation processes,and outcomes.This article examines definitions and approaches for these three concepts and suggest a framework to operationalize methods and tools relevant to each.These definitions emphasize three dyads:risk versus resilience;organizational processes versus assets;and normal operating conditions versus crisis conditions.Using these dyads to differentiate the concepts of business continuity management,operational resilience,and organizational resilience can support planners in clarifying objectives and identifying which approach will be most beneficial as businesses or organizations plan for and encounter disruptions.This article evaluates these concepts by examining illustrative examples of disruptions and responses.
文摘Planning and implementation as well as increased control over the Business Continuity Management (BCM) is a complex task in the company requiring adequate resources. BCM aims to reduce risks and develops plans for restoring business activities if they are interrupted by a disaster. The purpose of the paper is to analyze and describe two standards, Information Technology Infrastructure Library (ITIL) and Control Objectives for Information and Related Technology (COBIT), especially their mapping for the improved planning and implementation of the BCM as well as the increased control over the BCM activities. COBIT is used more as a management framework, providing management tools, such as control objectives, metrics and maturity models in order to complement the control framework. ITIL includes process steps and tasks because it is more oriented towards IT processes (process framework), defining the best practice for IT service management. Within this mapping, ITIL processes may be used to achieve and demonstrate compliance with COBIT control objectives for BCM process.
文摘Software application is still a heavy dependence for most of the business operation today.Whenever software application encounters error that causes downtime in the production environment,the root cause of the error can be either within the software application layer or any other factor outside the software application layer.To accurately identify the root cause is difficult whenever more than one log file is required for the root cause analysis activity.Due to such complexity,it leads to the entire duration on the root cause analysis activity became prolong.This will increase the total time taken on restoring the software application service back to the users.In order to identify the root cause of software application error in a more accurate manner,and shorten the duration of root cause analysis activity conducting on software application error,a Prescriptive Analytical Logic Model incorporates with Analytic Hierarchy Process(AHP)is proposed.The proposed Logic Model along with the algorithm will contribute a new knowledge in the area of log file analysis to shorten the total time spent on root cause analysis activity.
文摘"We are pleased to announce another quarter of profitable growth,"said Dr.Roland Fischer,CEO of Oerlikon Group."Our positive performance confirms that our strategy addresses attractive markets,our initiatives and activities are delivering positive results,and we are able to take advantage of the growth momentum and opportunities in our end markets.Consequently,we are in a position to increase our full-year expectations for the second time this year."
文摘In this in-depth exploration, I delve into the complex implications and costs of cybersecurity breaches. Venturing beyond just the immediate repercussions, the research unearths both the overt and concealed long-term consequences that businesses encounter. This study integrates findings from various research, including quantitative reports, drawing upon real-world incidents faced by both small and large enterprises. This investigation emphasizes the profound intangible costs, such as trade name devaluation and potential damage to brand reputation, which can persist long after the breach. By collating insights from industry experts and a myriad of research, the study provides a comprehensive perspective on the profound, multi-dimensional impacts of cybersecurity incidents. The overarching aim is to underscore the often-underestimated scope and depth of these breaches, emphasizing the entire timeline post-incident and the urgent need for fortified preventative and reactive measures in the digital domain.
文摘This paper aimed to make proposals for disaster prevention and reduction measures based on the experiences and lessons gained through the Kumamoto earthquake. This paper firstly introduced disaster countermeasures of affected local governments within Kumamoto Prefecture. Next, by narrowing the focus on measures concerning the intangible side of things, this paper discussed three points including (1) issues concerning the assumption of disaster countermeasures; (2) issues concerning the BCP (Business Continuity Plan) of both government and private corporations, the DCP (District Continuity Plan) concerning local communities, the CCP (Community Continuity Plan) concerning local communities, and (3) issues conceming disaster countermeasures besides the two issues mentioned above. Based on the discussion results, it was pointed out that the disaster countermeasures assuming complex continuous disasters should be considered.
文摘This article investigates the extent to which Jordanian service organizations seek to establish continuity culture through testing, training, and updating of their business continuity plans. A survey strategy was adopted in this research. Primary and secondary data were used.Semistructured interviews were conducted with five senior managers from five large Jordanian service organizations registered with the Amman Stock Exchange. The selection of organizations was made on the basis of simple random sampling. Interviews targeted the headquarters only in order to obtain a homogenous sample. Three out of five organizations could be regarded as crisis prepared and have better chances for recovery. The other two organizations exhibited characteristics of standard practice that only emphasizes the recovery aspect of business continuity management(BCM), while paying less attention to establishing resilient cultures and embedding BCM. The findings reveal that the ability to recover following major incidents can be improved by embedding BCM in the culture of the organization and by making BCM an enterprise-wide process. This is one of few meticulous studies that have been undertaken in the Middle East and the first in Jordan to investigate the extent to which service organizations focus on embedding BCM in the organizational culture.
文摘This article presents some practical approaches inteaching Business English to freshmen of the Continu-ing Education College.It introduces three attempts inmatching the students’situation with the teachingtasks,combining teaching with practice,and givingstudents periodic tests and a variety of test formats in-stead of only giving one test at the end of the term.Itis shown,through the practical attempts,that theapproaches are effective.
文摘Financial resilience refers to a start-up's capacity to anticipate,plan for,respond to,and adapt to gradual change and abrupt unforeseen shocks to survive and thrive by enacting appropriate economic policies to decrease budget deficits.Economic history tells us that more companies fail to emerge from a downturn than go into or during it.Many studies have been done on financial resilience in many dimensions,but no one has studied start-ups’organizational readiness for financial resilience.This gap inspires the current research,which uses the Total Interpretive Structural Modelling(TISM)approach to identify financial resilience factors and analyze hierarchical interrelationships start-ups’organizational readiness factors for financial resilience.This article aims to identify,assess,and categorize start-up organizational preparation elements for financial resilience.The result shows that the first importance should be given to digital financial innovation,liquidity planning,going concern consideration,financial strategy of CFOs,and cyberthreats.Managers of start-ups can utilize the findings of this study to prepare for financial resilience professionally.In a fast-paced environment,start-ups may use financial resilience to gain a competitive edge.