Bangkok in the Red, Crisis Simulation Gains New Relevance
Bangkok, 17 July 2010 - While Bangkok recovers from the recent red shirts incident just months ago, experts highlight the key recovery strategies to get the critical tourism and banking sectors out of the red. Many finance sector professionals pricked their ears during a Crisis Simulation workshop organised by BCM Institute in its Meet-The-Expert Seminar.
During the seminar which constituted a two-day workshop, Dr Goh Moh Heng, BCM Institute's President trained participants on best practice guardrails on crisis management excercises to prepare them to manage crisis and disasters. Mr. Kitti Dilokpatanamongkon, Vice President, Bangkok Bank Public Company Limited , who was among the 10 participants commented, "In many times, we tend to take things for granted by overlooking many little details that could have been very important to address during the crisis even though they are well written in the plan. It is the simulation that amplifies the importance of these little details, details such as getting every key person's contact especially the non-office hour contact number and the need to give the emotional support to affected victims' families. These are very helpful measures that can help victims during these difficult times."
For many, the question, "Is Business Continuity Plan (BCP) neccessary?" is still being left unanswered. Guest speaker Mr Bhakorn Vanuptikul, Executive Vice President from Bangkok Bank Public Limited enlightened the seminar attendees by presenting a case study on how his organization handled a crisis using a Business Continuity Plan (BCP). Whether or not a BCP is already in place, attendees were given insights to the Business Continuity Management methodology through a session on program management.
All in all, having a BCP alone is not the solution though. An effective BCP doubled with a strong, well-rounded BC team synergises the process. The seminar held at the Grand Mercure Fortune Hotel concluded with the reminder that being prepared is not an option. BCM Institute and WCC Events will be hosting a series of Meet-the-Expert seminars as well as World Continuity Congress throughout the year across Asia. For more information on upcoming events, visit http://www.worldcontinuitycongress.com/For media enquiries, please contact:
Ms Susan Pereira
Business Continuity Management Institute HQ
Marketing and Communications Manager
+65 9006 0730