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Critical Event Management needs to be a priority for organisations to survive in the VUCA world

Participants of the OpenGovLive! Virtual Insight: Are Your Business Operations Resilient Enough? – Thriving in VUCA World

Before December 2019, calamities and disasters were overcome as individual nations.

Be it the wildfires in Australia, floods in India and Malaysia or typhoons in the Philippines, we were thought we were prepared and equipped to deal with them one at a time.

But there was a harsh reality check when the world was hit by the global pandemic at the end of last year.  The world was caught off guard in a way that nobody could imagine; a calamity of such magnitude that impacted every little aspect of everyone’s life.

OpenGov Asia dedicated its latest Virtual Breakfast Insight on 4th August 2020 to help enterprises be better prepared to continue their business operations in the world of Volatility, Uncertainty, Complexity and Ambiguity (VUCA).

The audience comprised of an well-experienced group of digital executives from diverse industries like retail, manufacturing, FSI, IT, etc. from India and Hong Kong.

Mohit: Unified effort is important to stay protected from the dangers of the pandemic

The session was opened by Mohit Sagar, Group Managing Director, and Editor-in-Chief, OpenGov Asia.

Mohit pointed out that a lack of planning and experience to deal with a global pandemic like COVID- 19 caused a lot of panic among governments and citizens all over the world.

Unlike the siloed approach to tackle critical events in the past, the pandemic required a strong unified effort from everyone – governments, organisations and individuals.

Agencies and enterprises assumed that the business continuity plans that they already had in place would be enough to help them stay afloat.

However, the new normal is forcing businesses to reinvent themselves and to adapt quickly to it.

Mohit stressed the need for a collective, universal effort to come up with a solution / remedy that will protect us from this virus.

In order to do that, not only is good leadership and partnerships needed at all levels, but it is essential that all the small moving parts are in sync – moving in one unified direction.

Mohit’s opening set the tone for the next presentation by Frederic Gillant, Vice President APAC for Everbridge.

Frederic: The steps to respond to a critical  event- Assess, Locate, Act, Analyse

Frederic shed light on what Critical Event Management means and its relevance in the current crisis.

He began by defining critical event management and how it puts people / human resource first during a critical event.

He then went on to share the challenges in managing critical events and why is it so hard for organisations despite facing them very frequently.

Frederic shared a step wise approach that can make it easier for organisations to tackle critical events. They include:

  • Knowing what’s happening
  • Deciding on if we should care about it
  • Doing what needs to be done
  • Looking at our experience and learning from it

After settling on the above-mentioned points and having a plan, the next step is to execute that plan. This will include assess, locate, act, and analyse.

Frederic concluded by explaining how the Everbridge solution can organisations monitor and plan for crisis. Their solution helps keep people safe and businesses running during any kind of critical event.

After this informative presentation, the virtual podium was taken over by Dr. Santrupt Mishra, who is the Chief Executive officer for Birla Carbon and Director Group Human Resources for Aditya Birla Group.

Santrupt: Organisational memory is as important as management systems while tackling critical events

Santrupt began by sharing how business resilience can have different interpretations. He strongly emphasised two significant points that he believes help business and organisations stay up and running through critical events.

He highlighted the significance of having been battle tested though critical events in the past and the organisational memory it creates.

This organisational memory coupled with the software and systems being talked about previously will help businesses to have resilience when faced with the next critical event.

He shared that resilience is built into the DNA of an organisation by virtue of what it does during the time of peace.

A culture of innovation, empowerment of people at all levels, availability of technology, and people’s orientation of it are key factors that play a significant part in making an organisation robust.

Santrupt concluded by emphasising that organisational culture, system building, system testing, and empowering people require work and investment during peace times.

Thus, in order to be truly resilient and manage critical events efficiently, organisations need to work towards it around the year.

After Santrupt’s insightful presentation, the event moved into a polling session that involved all the audience more intensely.

On the first question of “Being in control of the current critical event (COVID-19) in keeping your employees safe and business running”, a majority of our audience voted that they are somewhat (69%) in control of the situation.

A senior delegate from a major Indian enterprise reflected that he voted for somewhat because there is still an element of unknown around the pandemic.

He believes that not fully knowing the magnitude of the problem makes it very hard to address and / or solve it.

On the next question of “Are you still manging COVID- 19 or preparing for the day after this calamity”, 58% of the delegates voted that they are thinking about tomorrow and have some idea what to do.

Samir: Delegates must engage to come up with innovative critical management solutions

A senior technical executive from a major corporate group in India reflected that even though the pandemic situation is under control, the working style of people has changed forever.

In this new mode of remote working, managing people’s efficiency over a long period of time is going to be a great challenge for them.

On the final question of “Having business continuity plans in place to deal with an issue of this magnitude”, the participants seemed divided between having some plans in place but they are outdated and disintegrated (46%) and working on it but need help (30%).

A technology leader reflected that the objective of business continuity plan is to sustain the revenue streams of the organisation. Current plans need to be revamped entirely in order to make it more integrated at group and unit level.

The session was closed by Samir Nayak, Senior Sales Director and Country Manager for Everbridge India.

He shared how Everbridge is helping people and enterprises to deal with the current situation and recover from it.

He encouraged all delegates to engage in discussions with them to come out with innovative solutions for dealing with future critical event management.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.