Crucial Early Lessons for Risk and Resilience Professionals

Legal, Economic, and Epidemiological

The Covid-19 pandemic has rapidly had a greater impact on daily lives than most of us could ever have guessed at. It appears that the world has been making up its response as it goes along and, in many ways, it has needed to.

But are we starting to see lessons that risk and resilience professionals need to be assimilating into their thinking for the future? Not basic ‘have you got your plans in order’ lessons but more fundamental and far reaching considerations. We believe that the answer to this is yes and so we have brought together a team of acknowledged thought leaders in three different, but highly relevant, fields – legal, economic, and epidemiological – to help take us through them.

Dr Michael Head, Senior Research Fellow in Global Health, University of Southampton will talk about the likely future course of the pandemic. What is likely to unfold over the months following the end of June, and what courses and consequences might we see with other plausible pandemic scenarios in the future. Michael has been speaking extensively with the media on this topic and will update us on complex issues in his clear and understandable language.

Jan Putnis, Partner & Head of Financial Regulation Group, Slaughter and May will then discuss the legal implications of where organisations find themselves today. There are multiple issues around remote working, workplace closures, job retention schemes and the duties of directors who find their companies in financial distress. Jan will seek to bring these together for us in a way which talks to the concerns of risk professionals.

Innes McFee, Managing Director Macro and Investor Services, Oxford Economics will finally conclude for us with the medium- to long-term economic consequences of what we are going through. How do the economics look today, will economies bounce quickly back to full activity or will the pain be more drawn out? And will the consequences of the pandemic re-shape economic activity as well as simply hamper it?

Finally, please note. Our understanding of this pandemic is growing, sometimes by the day. Consequently, all three speakers will be presenting their thinking as it stands at the date of the event – 24 June 2020. They will not be presenting old news. This means that the agenda may change, subtly or otherwise, from that published here today.

When and Where

Dr Michael HeadDr Michael Head
Senior Research Fellow in Global Health Clinical Informatics Research Unit, Faculty of Medicine | University of Southampton

Michael started at Southampton University in October 2015 and over recent months has communicated extensively with the UK and international media around the COVID-19 outbreak.
Prior to joining Southampton Michael previously spent 11 years at University College London in the Centre for Infectious Disease Epidemiology and the Farr Institute for Health Informatics. He has research interests in research investments analyses, global health, health systems and digital health, with a public health focus on neglected tropical diseases and pneumonia.
Michael graduated from his PhD by published works (Amsterdam Institute in Global Health, University of Amsterdam) in May 2016, and he completed postgraduate study in Epidemiology at the London School of Hygiene and Tropical Medicine and an undergraduate degree in Biomedical Sciences at the University of Portsmouth.

Jan PutnisJan Putnis
Partner & Head of Financial Regulation Group | Slaughter and May

Jan has been a partner at Slaughter and May since 2003 and head of the firm’s Financial Regulation Group since 2014. He focuses on major projects and other matters of strategic importance to financial institutions, and his work includes extensive advice on structural reform, resolution planning, regulatory capital and other prudential matters. In recent years Jan has also focused on operational resilience and the governance implications of contingency planning.
Much of Jan’s focus is on presenting complex issues in a fundamentally straightforward way, facilitating the understanding of clients and regulators of legal challenges, transactions, business models and structures.

Innes McFeeInnes McFee
Managing Director, Macro and Investor Services | Oxford Economics

Innes joined Oxford Economics in 2017 and oversees the company’s Macro & Investor Services teams, including the Global Macro Forecast and Global Macro Service.
Prior to joining Oxford Economics, Innes was six years as a Senior Economist at Lloyds Banking Group where he was responsible for the economic scenarios underpinning the Group’s internal planning and stress testing, the analysis of key risks, and developing Lloyds’ approach to multiple economic scenarios for IFRS9. In addition, his role included developing the Group’s capability in modelling macroeconomic fundamentals and UK banking markets, and advising the Group Corporate Treasury on financial market developments.
Prior to joining Lloyds Innes was an Economic Advisor at HM Treasury where his roles included management of the UK’s foreign currency reserves, US economist, and G20 macroeconomic policy advisor.

Start Time                   Item Description
2:00pm Welcome and introductions from the Chair
2:05pm Dr Michael Head, Southampton University
The likely course of the pandemic from here. Will it all be over by Christmas, or do we need to be bracing for much more?
2:30pm Jan Putnis, Slaughter and May
The legal issues. The pandemic is changing the commercial operating environment – here’s what you need to know to keep pace.
3:00pm Innes McFee, Oxford Economics
We all know that this is hitting the global economy hard. But how hard, and what are the recovery prospects medium- to long-term?
3:30pm Question the Panel – open questions from webinar attendees
About Continuity Logic
Continuity Logic has been at the forefront of business continuity management (BCM) software since 2006. The company’s software is deployed with some of the world’s largest corporations and leading brands, supporting often highly sophisticated requirements. It is also deployed with a wide range of mid-sized organisations who want a more immediate ‘out-of-the-box’ solution for their needs. Both see our software as a way to future-proof their investment of both time and money through delivering not only capability for today’s requirements but also for tomorrow’s possibilities.
There are three central capabilities that we seek to fulfil with our solution. These capabilities act as an important starting point for understanding the power that our software may have to offer your own organisation and your role within it.
Data-Driven and Document-Driven BCM
An effective business continuity program gathers and has access to a trove of corporate data, all of which taken together has the potential to offer an array of insights into risk and operational management. Leading practitioners have started to embrace this and, by delivering on the potential of this data-driven approach, have accelerated their value to their organisations. Continuity Logic provides a core structure and the analytical tools with which to maximise this capability. On-demand reports, drill down dashboards, geo-data and what-if analysis all contribute to an unrivalled ability to deliver value to the business.
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Most BCM solutions have failed to deliver on this and end up as a centralised repository used by a select few. Continuity Logic addresses this through two primary mechanisms. First, we have implemented our GuideMe approach which literally takes the user step-by-step through the items they need to complete. Second, we provide a level of customisability (see Customisation on Demand) which means that every aspect of the solution can reflect your own organisation’s processes where required. So the solution looks familiar while fitting with the business flow and structures of even the most complex organisations. This provides an unmatched level of usability with which to deliver a step change around resilience.
Power Out-of-the-Box with Customisation on Demand
Clients who want a quick return on investment tend to start with one of our out-of-the-box templates. These provide different approaches to a BCM program and allow the user to select that which most closely matches their needs. But the key is that these clients are not then constrained by their initial decisions. As they learn over time and wish to add further data items, or maybe adjust the plan layout, the process is simple. On the other hand, users who have precise and exacting requirements are equally well catered for. These are typically larger, more complex organisations that have learned over time, and often extensive experience, that one specific BCM program structure is essential for their success. Continuity Logic can deliver exactly what they want and, as importantly, without any software code amendments or additions.

Further Information

If you have any further questions about this event please contact Paul Gant on or +44 (0)20 7770 6522