WITT O’BRIEN’S AND BC MANAGEMENT ANNOUNCE LAUNCH OF ANNUAL EVENT IMPACT MANAGEMENT STUDY

Rhea-AI Summary

SEACOR Holdings Inc. (NYSE: CKH) announced that its subsidiary, Witt O’Brien’s, will sponsor the 9th Annual Event Impact Management Study, conducted by BC Management. This study will analyze organizational preparedness for events, particularly in the context of COVID-19. It aims to assess business continuity plan activation, downtime, and financial losses. Witt O’Brien’s supports various sectors in their COVID-19 responses, helping numerous organizations optimize access to Federal funding. The study participation deadline is December 16, 2020, and respondents will receive a complimentary report.

Positive

• Sponsorship of the 9th Annual Event Impact Management Study may enhance brand visibility and reputation.
• Witt O’Brien’s supports numerous organizations across various sectors, positioning SEACOR as a key player in crisis management.

Negative

• The ongoing COVID-19 pandemic highlights increased operational risks for businesses.
• Potential financial losses for organizations participating in the study could reflect negatively on industry stability.

WASHINGTON, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Witt O’Brien’s, LLC, a subsidiary of SEACOR Holdings Inc. (NYSE: CKH) (“SEACOR”), announced today that it will be an official sponsor of the 9^th Annual Event Impact Management Study and will partner with the owner of the study, BC Management, a division of Castellan Solutions.

The study assesses how organizations prepare for events and how those events impact organizations. The findings will highlight activation of business continuity plans, impacts to business and personnel, downtime experienced, overall financial loss, and lessons learned.

“We believe the findings from this year’s Event Impact Management Study will be more important than ever.  In addition to the serious implications for people’s health, COVID-19 has significantly disrupted organizations across the globe,” said Devin Sirmenis, Managing Director, Corporate Resilience. “The pandemic has offered never-before-seen challenges, many of which existing business continuity programs and teams were not prepared to handle.”

Witt O’Brien’s is supporting dozens of organizations with their COVID-19 response, including multinational businesses in financial services, transportation, technology, manufacturing, energy, and media. In the public sector, this support includes states, territories, counties, hospitals, health systems, and universities across the United States. Witt O’Brien’s helps organizations maximize access to Federal response funding and augment emergency operations.

To participate in the 2020 Event Impact Management Study, please click here. The survey takes approximately 20-30 minutes to complete and individual contact and organization information remain confidential. The deadline to participate is December 16, 2020, and all survey respondents will receive a complimentary copy of the report as well as a consultation session with a seasoned Witt O’Brien’s practitioner.

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Witt O’Brien’s is a leader in crisis and emergency management. Its COVID-19 support for businesses includes crisis management, business continuity, emergency management, and communications. It also partners with governments, hospitals, universities, and others to maximize U.S. Federal funding and execute COVID-19 response programs. Witt O’Brien’s is a subsidiary of SEACOR Holdings Inc.

SEACOR Holdings Inc. is a diversified holding company with interests in domestic and international transportation and logistics, crisis and emergency management, and clean fuel and power solutions. SEACOR is publicly traded on the New York Stock Exchange under the symbol CKH.

BC Management is the leading provider of executive staffing and research services for the business continuity profession worldwide. BC Management provides contract, contract-to-hire, and direct-hire staffing solutions across all risk disciplines and offers data-driven research studies covering compensation assessments, program effectiveness and industry trends.

Castellan Solutions As the largest provider of business continuity management solutions – spanning consulting, software, managed services, and staffing – Castellan is uniquely positioned to help clients find the right balance of risk tolerance and resilience to protect their employees, brand, and bottom-line. Leveraging a proprietary proven process for driving business continuity success, Castellan partners with clients to establish a clear vision, drive real results, and provide on-going support from their community of business continuity experts. Castellan helps clients replace uncertainty with confidence. Headquartered in Audubon, PA, Castellan is strategically and financially backed by Resurgens Technology Partners, a technology focused private equity firm based in Atlanta, GA.

FAQ

What is the Event Impact Management Study by SEACOR Holdings (CKH)?

The Event Impact Management Study assesses how organizations prepare for events, particularly analyzing the impact of COVID-19 on business operations.

When is the deadline for the Event Impact Management Study participation?

The deadline to participate in the Event Impact Management Study is December 16, 2020.

How does Witt O’Brien’s support organizations during COVID-19?

Witt O’Brien’s assists organizations in maximizing access to Federal funding and enhancing their emergency operations during the COVID-19 crisis.

Who conducts the Event Impact Management Study partnered with SEACOR (CKH)?

The study is conducted by BC Management, a division of Castellan Solutions.

What sectors does Witt O’Brien’s support for COVID-19 responses?

Witt O’Brien’s supports sectors including financial services, transportation, technology, manufacturing, energy, and public services across the U.S.