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Risk Management, Hurricane Katrina and the Wolf of Wall Street

Jerry Montella

The team from Mail-Gard continues to rack up miles as we attend key events focused on risk management and business continuity. We recently wrapped up the RIMS ’14 Conference in Denver and the Continuity Insights Management Conference in New Orleans. These were two completely different conferences and audiences, with RIMS focusing on the high level risk manager within a company, and Continuity Insights speaking to the continuity planner tasked with putting the plans in place to satisfy the requirements of the risk manager. Depending on a person’s role within an organization, these conferences provide valuable tools and information for keeping companies prepared for any type of business disruption.

We wanted to provide a brief summary of each event for those who couldn’t attend.

RIMS ‘14

One of the main indicators of a vibrant industry is strong trade show attendance. While we don’t have the final tally, attendance for this event was approximately 9,000 – 10,000.  This was a good turnout for this event and it was promising to see numerous university students in attendance. It was great to talk with them about Mail-Gard’s print and mail recovery services and how having the right recovery plan in place is crucial to keeping a company in business during a business disruption. We also heard numerous attendees mention how dynamic the sessions were.

This year there were multiple discussions on security breaches and how quick response to these events is crucial. Most agreed that if a breach occurred, sending a paper document was the preferred notification method. The RIMS Conference also provided us an opportunity to strengthen our relationships with customers, partners and potential partners.

One of the most interesting sessions was Jordan Belfort’s keynote presentation. Belfort is a former stockbroker whose ethical lapses resulted in prison time and millions in restitution. His memoir, “The Wolf of Wall Street” was the inspiration behind the recent Leonardo DiCaprio blockbuster. His speech was entertaining, to say the least. Having just seen the movie, it was interesting to hear how much was true and how much was embellished.  Let’s just say there wasn’t that much embellishing. He did seem remorseful of his actions and the people he hurt along his rise. For attendees, the main message was the importance of acting ethically and to always stay focused on the details.

Continuity Insights Management Conference

While most of our sales team was at the RIMS conference, we had two team members work the Mail-Gard booth at the Continuity Insights conference. This is a smaller show for us, but the customers and prospects we spoke with all commented on the excellence of the educational sessions.

This was a bit of a homecoming for us, as we shifted into high-gear during Hurricane Katrina in 2005.  Explaining the support we provided to three local businesses during Hurricane Katrina was an eye-opening discussion. Most people we spoke with did not realize the length of a print/mail production disruption (the average length of Mail-Gard supported disaster declarations is six to nine months). We are proud of the relationships we formed with the company personnel who were relocated to the Warminster area during the declaration experience.

Having personally toured some of the company buildings and homes that were damaged by the hurricane, it is amazing that the city has rebounded to the level it has, even though there are some areas that will never be back to what they once were.  The people of New Orleans are absolutely resilient – and the city is the perfect place for a conference that focuses on that very concept.

The event season hasn’t slowed down for us. If you happen to be attending the MAILCOM Security Summit in Denver later this month, I hope you’ll attend my luncheon keynote presentation on, “Are You Prepared if Disaster Strikes?” If you have any questions about the RIMS or Continuity Insights Management Conference, please feel free to get in touch.

link https://www.iwco.com/blog/2014/05/14/risk-management-and-business-continuity-planning/
Jerry Montella

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Jerry Montella

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