We live in a Global economy, which interconnects Australian businesses to other countries to fulfil their supply chain. Any disruption to the supply chain, such as the awful situation occurring right now in Ukraine, can create unprecedented risk to businesses. The impact of war and political unrest is likely to have widespread repercussions across the global markets. Closer to home we…
70% of organisations only evaluate their risk profile on an annual basis, limiting their ability to tailor their risk management plan and business strategy to mirror the ever-changing commercial landscape – EY The guiding standard for risk management, ISO 31000, defines risk as the effect of uncertainty on objectives. Whilst this framework can be helpful, in establishing the context, and identification…
Have you recently audited your cyber security risk? Should a targeted attack occur, how far reaching would the impacts of a cyber-attack ripple in your business? The world’s largest meat processing company JBS, has recently been targeted by a cyber-attack, forcing it to temporarily shut operations in the US, Canada and it’s 47 sites in Australia. JBS paid a ransom of…
Just when you think there are enough challenges for businesses at the moment, this week beverage giant Lion shutdown its IT systems causing delays to production and supply due to a targeted cyber-attack. This follows closely on from similar attacks impacting Toll logistics, Bluescope Steel, and the NSW Government. This threat became very real for our own business recently due…
Scott Morrison recently announced the 3 step plan for relaxing isolation measures and re-opening the economy. In most states, the first steps in enacting this plan have now been taken. Restricted opening of venues and staged return to schools has allowed many businesses to start thinking about the future. What is also clear in the COVIDSafe Australia Framework is the…
Mr. Morrison said another national cabinet meeting this Friday (7 May) will provide a consistent approach to reopening the economy across the states and territories. To support this, new workplace safety protocols have been released by SafeWork Australia (SWA) to guide businesses out of the coronavirus pandemic. The measures are industry-specific, dividing the economy into 23 industry sectors to provide…
In recent weeks we have been contacted by a range of clients requesting support to document pandemic scenario continuity plans. Customers are looking for certainty in their supply chains that food and beverage manufacturers are prepared to handle a likely second wave COVID-19 outbreak. A crisis plan to handle an outbreak looks very different from a typical Business Continuity Plan…
The health and safety of employees Officers have an obligation to ensure the safety, health and welfare of their workers and others for the business undertaking they are responsible for. This obligation hasn’t been relaxed by the current government changes and clearly COVID-19 is a hazard to workers. This means it is imperative that as an employer, you have a COVID-19 plan in place to ensure you reasonably…
