"Taking a business impact approach can help companies get more information about risks and their potential impact," says Nick Hill, manager, international communications, FM Global. Hill, together with Paul Johnson, manager, business impact, Europe and Dino Grande, manager, business impact, North America, organised the first business game of the Forum on Monday, based around FM Global's business model analysis process that encompasses engineering risk analysis, a business model and a financial analysis.
Yesterday's business game, supported by Crawford, focused on the way that people behave when a catastrophe occurs and how the way they have practised and resourced beforehand can affect that. "It's about how teams work, the way people use information and the kinds of preconceptions that they have," explains Jonathan Clark, international business coordinator, Crawford & Company.
