Business Continuity Planning and Property Risk Control are two very important aspects of a well managed Risk Management program. Green Oak Solutions is prepared to meet your needs in these areas.
Business Continuity Planning Services
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Business Continuity Planning Needs Assessments
Prior to undertaking a full Business Continuity Planning effort, many companies choose to conduct a preliminary Needs Assessment. This process evaluates the companies' or facilities' most important issues in planning, and can many times eliminate false starts with your planning efforts. The Needs Assessment identifies your most compelling impact potentials, reviews your existing level of preparedness and suggests the most effective means to develop your Business Continuity Plan and program. Green Oak Solutions can provide you with a Business Continuity Planning Needs Assessment that will get your program started with confidence.
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Business Impact Analysis
The Business Impact Analysis (BIA) is frequently the first step that companies take when developing their Business Continuity Plan. This process develops your value proposition in planning, and identifies your most critical functions within operations. This information is then used to either develop strategies for recovery, or home in on recovery priorities for your operation. The BIA can also serve as an excellent means of engaging staff from all areas of your operation with the Business Continuity Planning Process. Your Business Continuity Planning efforts will be well founded if you choose to conduct a formal Business Impact Analysis in order to start your planning process.
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Financial/Operations Impact Analysis
While Business Impact Analysis can be used to measure your exposure to financial loss, it is critical to evaluate your operational exposures in order to determine how you should formulate your plans and recovery strategies. Today, more than ever there are critical operational realities that can drive the decision process in planning. Single site and sole site exposures, Just in Time manufacturing methods, or supply network concerns can have a significant influence on your planning process.
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IT Focused Business Impact Analysis
Planning for technology recovery is a key component of all Business Continuity planning programs. Green Oak Solutions has significant experience with developing user based evaluations of technology exposures. By talking to users the true view of technology recovery becomes clearer, and many times companies can avoid costly back up strategies that don’t necessarily meet the needs of users or the company overall.
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- Disaster Related Service Provider Acquisition and Integration
Your program should include service providers that can respond to your facility to assist with restoration of your building and operations environment. Additionally many companies wish to consider outside parties for technology recovery. Finally there may be a number of outside parties that can assist with recovery of your critical functions through use of a pre planned outside operations locations. Green Oak Solutions can ensure that your priorities are understood by outside parties who may wish to assist you with recovery. We meet with providers, and communicate our clients’ requirements for recovery in order to support your evaluation of 3rd party firms who can assist you with the various aspects of recovery.
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Crisis Management Plan Development and Testing
The Crisis Management Plan is the foundation for your Business Continuity Plan, and allows senior leadership to organize and respond to the incident. The Crisis Management Plan defines how you will identify the severity of an incident, escalate your response to it, and address the full recovery of your business. Using our proprietary templates Green Oak Solutions has developed efficient processes for our clients to utilize for the development of their plans. Our process and template can produce your Crisis Management Plan in a matter of weeks, not months.
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Business Continuity Plan Development and Testing
The full Business Continuity Plan involves integration of your existing Emergency Response Plan, development of the Crisis Management Plan, and development of operations level Business Resumption Plans to address full recovery plans for all aspects of your operation. As with the Crisis Management Plan, Green Oak Solutions has developed proprietary templates and supporting processes that allow us to develop a wide range of Business Resumption Plans for your business. We utilize group workshops and interviews to develop these plans thus ensuring that operations staff define recovery issues, and become a part of the process and plan.
Plan testing services are also available as part of our comprehensive approach. Our services in this area include development of disaster scenarios for the business, and definition of table top test criteria to be used in the testing process. We can also develop test plans, and scripts that will bring reality to your testing process. Finally we grade the performance of the team during the testing process in order to identify opportunities to improve the performance of the recovery team and plan.
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Business Continuity Program Development and Implementation
An effective Business Continuity Program includes the development of the plans noted above; however, it must go further. A robust program will include not only the development of plans but the development of procedures for ensuring that all locations within your company are addressed in the process. To complete the process it is important to address the key administrative aspects in planning: Ownership, plan updating, plan testing, and how each plan will be introduced or rolled out to the operating units.
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Supply Network Risk Management Consulting
Supply Network Risk Management involves the evaluation of critical suppliers either within your own mix of operations, or outside of your company. Single source or sole source suppliers can represent a significant exposure to your business, and if lost can shut down your operations. Supply Network projects can stand alone, but are more frequently a part of a well founded Business Continuity Planning effort. Green Oak Solutions begins the analysis process with your Global Purchasing staff to gain an understanding of purchasing practices and requirements within your company. We then turn to the operations environment and attempt to facilitate an evaluation of suppliers with a focus on single source or sole source exposures. Finally our efforts culminate with an evaluation of the potential for creating contingency or back up provisions for key suppliers.
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Property Risk Control Services
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Property Risk Control Program Development and Monitoring
Property Risk Control services form a key part of your overall Risk Management Program. Quality risk control services form the basis for your on going risk mitigation efforts. Green Oak Solutions can assist you with designing your inspection/survey program, to maximize your programs effectiveness. These services can be provided by your property insurance provider or by quality 3rd party engineering firms. Once the program is designed and implemented the service provider standards need to be monitored and maintained, and Green Oak Solutions can provide a full range of support to ensure that your expectations are met on an on going basis.
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Risk Control Service Provider Analysis and Selection Support
Property Risk Control programs can vary widely in quality based upon the partner that you choose to perform key inspection/survey services at your facilities. We assist clients with development of program servicing requirements, and reporting specifications that are in line with your priorities, not those of your insurance carrier.
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Property Risk Control Location Surveys
Green Oak Solutions has extensive experience in conducting highly protected risk (HPR) quality property risk control surveys and inspections across a wide range of industries. We can provide location level services to support common and special hazard analysis, analysis of occupancy/protection changes within the facility, water supply system and fire pump testing, fire protection alarm system testing, and analysis of building construction and fire resistance elements within your facility.
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Business Interruption/Time Element Analysis
With Just in Time manufacturing methods, and high availability environment expectations, Business Interruption represents one of the greatest exposures to loss that a facility can experience. Business Interruption insurance covers you for lost profits should you experience an outage that curtails your ability to produce goods and/or services. Green Oak Solutions recommends that you consider developing full Business Continuity Plan to address your Business Interruption exposure. In order to maintain insurance coverage in this area insurers have an interest in understanding the exposures that they are insuring. A BI analysis will satisfy your insurers need to understand the risk, and your need to identify one of the most key exposures that your company faces.
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Fire Protection Water Supply System Testing and Performance Analysis
Your fire protection water supply is the lifeblood of your facilities fire protection system. Without an adequate water supply even the best designed systems will not work effectively to mitigate the risk of fire for you facilities. Green Oak Solutions can conduct comprehensive flow testing of your public water supply, private water supply systems, or diesel or electric driven fire pumps. Water supply system testing is a critical part of your overall efforts in controlling the fire risks that face your facility. Over time water supplies can degrade in quality, and it is important to address this key area of risk mitigation in a systematic and structured way to ensure that your water supply is always adequate for the hazards it is expected to protect.
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Special Hazards Analysis
Modern industrial facilities contain a myriad of hazard exposures ranging from the handling and use of flammable liquids, gas or oil fired heating or industrial furnace systems, applications of coatings, handling of dusts, etc... Green Oak Solutions has the ability to respond to your site and evaluate difficult facility and operations protection situations. Special hazards require special attention and innovation within recognized methods for protecting these extremely hazardous exposures.
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Fire Protection Systems Analysis for Change in Operations or Use Situations
No business or facility is static in its operations or production requirements. When occupancy and production needs change it is critical to evaluate your facilities fire protection capability to address the new risk and hazard criteria. Green Oak Solutions can evaluate your occupancy changes and determine the most efficient ways to upgrade your level of protection to meet the needs for your reconfigured operations.
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Natural Hazards Exposure Analysis-Hurricane, Earthquake, Windstorm, Flood
Green Oak Solutions can provide a complete range of services to evaluate your exposure to Natural Hazard risks. Each Natural Hazard risk is particular to the location under consideration, and the particular hazard or hazards that are of greatest concern. Our process involves acquiring the latest hazard data on the risk from the most appropriate sources. This hazard data is applied to your location- whether it is an elevation analysis for flood situations, or an evaluation of roof construction modifications for Hurricane resistance we can assist.
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