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Published on: July 3, 2016
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Managing business continuity in the Arctic: Experiences from mining.
1University of Stavanger, Stavanger, Norway.
Summary
Organizations must actively reassess risks, even for familiar events, to enhance business continuity capacity. Experience alone does not guarantee effective recovery from critical incidents.
Area of Science:
- Business Continuity Management
- Risk Assessment
- Organizational Resilience
Background:
- Organizations often assume safety experience translates to business continuity.
- Arctic operations face unique challenges, including delayed emergency response.
- A case study of a flooded mine highlights potential gaps in recovery capabilities.
Purpose of the Study:
- To present a model for analyzing business continuity capacity gaps.
- To investigate how experience influences an organization's ability to recover critical activities.
- To determine the extent of improved business continuity capacity through systematic safety work and flood experience.
Main Methods:
- Development of a business continuity capacity model.
- Case study analysis of Store Norske Spitsbergen Coal Company (SNSK) during a flooding event.
- Exploration of the transferability of safety and incident management skills to new events.
Main Results:
- Despite extensive safety experience, SNSK faced challenges in managing a flooding event.
- Existing safety and incident management expertise did not automatically ensure business continuity.
- The study identified a need for organizations to continuously update risk assessments for known threats.
Conclusions:
- Systematic safety work, including risk identification and competency development, is crucial for business continuity.
- Organizations must remain vigilant to changes affecting risk assessments, even for familiar events.
- Insights gained can help other organizations improve both safety and business continuity performance.
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