Comparing military and civilian critical thinking and information processes in operational risk management: What are the lessons?

Jerry D. VanVactor and Tony Gill
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Jerry D. VanVactor: Texas, USA
Tony Gill: Managing Director, Gill Advisors

Journal of Business Continuity & Emergency Planning, 2010, vol. 4, issue 2, 97-112

Abstract: Business continuity has expanded into a discipline that spans most functional areas of large enterprises. Both the military and financial sectors have consistently demonstrated an aptitude to expand the boundaries of continuity planning and crisis mitigation. A comparison of both enterprises is provided to see how their respective methodologies compare. Interestingly, the similarities far outweigh the differences. The paper provides commentary related to comparative insight from risk practitioners’ perspectives from within the US Army, one of the largest military organisations in the world, and the Bank of Montreal, one of Canada’s leading financial institutions.

Keywords: decision making; leadership; military; banking; continuity planning (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2010:v:4:i:2:p:97-112

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