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Heathrow Fire
Author: Chris Goodeve-Ballard The fire at Heathrow on Friday should be a wake up call for not just those in charge of significant national infrastructure, but every organisation that relies on what should be resilient services. I have no intention of speculating on the causes (there are many better qualified people than me doing this already – as well as a few worse qualified). Chasing causes of incidents is of course a valuable exercise, and at Aldbury International we hel
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Have we not learned anything from the Titanic?
Why were over 1500 souls lost on the Titanic? The ship sank after hitting an iceberg The ship veered away from the iceberg and took a long slash down its side rather than a crumpled bow The ship was travelling too fast for the conditions There weren’t enough lifeboats to cater for all passengers and crew Board of Trade rules did not insist on more lifeboats Some lifeboats left the ship while still half empty The bulkheads didn’t go high enough up the ship – had they been hi
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New Year’s Resolutions
Author: Chris Goodeve-Ballard How long does an average New Year’s Resolution last? 1 day, 1 week, a fortnight, a whole month, six months, a year? Frankly, I don’t have a clue. There is probably some humongously expensive, government (taxpayer (i.e. you and me)) funded research, carried out at some august seat of learning by some tweedy, dusty old chap with a beard and leather patches on the elbows of his jacket that will uselessly inform us that the answer is 3.27843 week
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Achieving Operational Resilience: Webinar Replay Available
If you missed our recent webinar with Khepri, co-hosted by Chris Goodeve-Ballard from Aldbury International, now's your chance to catch...
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Scenario testing – meeting the Regulators' expectations by March 2025
By March 2025, in-scope firms must have fully captured, in their up-to-date self-assessment document, testing plans that detail how they...
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Is Testing Testing Enough?
Author: Chris Goodeve-Ballard Testing your Operational Resilience procedures and your Crisis Management Team is now not only a regulatory...
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DORA
Author: Chris Goodeve-Ballard DORA, the Digital Operational Resilience Act, or as I know many prefer to call it, “Regulation (EU)...
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When is a deadline not a deadline – the great Operational Resilience conundrum
Is the 25th March 2025, by which date those in scope of the new PRA and FCA rules must be able to operate within their Impact Tolerances, actually a deadline? As of the time of writing, it is a mere 8 months away. The FCA’s missive on 28th May this year makes it obvious that they know that firms are not up to speed yet. “Firms appropriately identifying their important business services remains varied within the sector” and “We’ve seen a wide range of impact tolerances identi
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Latest FCA update: insights and observations for firms
The FCA published the below update last week (28 May 2024) outlining all regulatory requirements that must be in place by 31 March 2025....
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Case Study: Strategic roadmap to 2025 compliance
Background: The COO sought external assurance and validation regarding the firm's Operational Resilience programme, aiming to ensure...
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