25 August 2018

Homeland Resilience: Operational Risks in the Supply Chain...

The U.S. Homeland Security Intelligence (HSI) priorities, are good indicators of what the private sector can expect for government intelligence focus, coordination, cooperation and collaboration.

Operational Risks to business operations in the United States, are ever more so complex and increasingly tied to the supply chain security of the Homeland.

In many cases, the private sector has the answers, that can pave the way for improved relevancy and accuracy of information for the government. This translates to greater Operational Risk Management (ORM) insight, that would not previously be known.

It also enhances the clarity of the insights already known, by our Homeland Security Intelligence mechanisms.

Here are a few of the top of mind categories, that the Private Sector and the Public Sector could be forging new partnerships and strategies together:
  • Global Maritime Shipping
  • International Banking & Finance
  • New and Developing E-Commerce & Artificial Intelligence Technologies
  • Application and Use of Social Media - Charting Cultural Topography
  • Modeling Human Behavior - Patterns and Applications of Usage
  • Nanotechnology
  • Robotics and Automation - New and Developing Technologies and Uses
Why should the private sector be working on these and sharing what they know with the appropriate channels in the U.S. Government? For one, to reduce your own Operational Risks, as you run your business operations across the country and as you operate on a more global basis. Overall, Homeland Security is reliant on a Resilient "Global Supply Chain".

International trade has been and continues to be a powerful engine of United States and global economic growth. In recent years, communications technology advances and trade barrier and production cost reductions have contributed to global capital market expansion and new economic opportunity. The global supply chain system that supports this trade is essential to the United States’ economy and is a critical global asset.

Through the National Strategy for Global Supply Chain Security (the Strategy), we articulate the United States Government’s policy to strengthen the global supply chain, in order to protect the welfare and interests of the American people and secure our Nation’s economic prosperity.

Our focus in this Strategy, is the worldwide network of transportation, postal, and shipping pathways, assets, and infrastructures by which goods are moved from the point of manufacture until they reach an end consumer, as well as supporting communications infrastructure and systems. The Strategy includes two goals:

Goal 1: Promote the Efficient and Secure Movement of Goods – The first goal of the Strategy is to promote the timely, efficient flow of legitimate commerce while protecting and securing the supply chain from exploitation, and reducing its vulnerability to disruption.

Goal 2: Foster a Resilient Supply Chain – The second goal of the Strategy is to foster a global supply chain system that is prepared for, and can withstand, evolving threats and hazards and can recover rapidly from disruptions.

One of the vital linchpins for these goals to occur, will be a converged and globally accepted management system for supply chain resilience. This blog has discussed ISO 28000 in the past and the U.S. White House has published the policy direction for this and is a private sector imperative:
ISO 28002 Standard for Resilience in the Supply Chain

ISO 28002:2011 specifies requirements for a resilience management system in the supply chain to enable an organization to develop and implement policies, objectives, and programs, taking into account legal, regulatory and other requirements to which the organization subscribes; information about significant risks, hazards and threats that may have consequences to the organization, its stakeholders, and on its supply chain; protection of its assets and processes; and management of disruptive incidents.
For those private sector organizations that are for some reason not familiar with the ISO 28002, you should be.

It is the path towards creating a more resilient private sector, that will have the lions share of responsibility for keeping the supply chain operating after any significant disruption, whether physical, cyber or both.

So what?  So what does all of this mean for the Operational Risk Management Professional of a U.S. business today?

It means that you have to take it up a notch. Gather the heads of your risk silos from Finance, Information Technology, Corporate Security, Human Resources and your Crisis or Continuity of Operations section.

Look at ISO 28002 as a team and begin the process of digesting what it means to your organization.

How could you internalize and even operationally collaborate to increase your level of resilience from 36 hours to 72 hours?  The clock is ticking...

No comments:

Post a Comment