Exercise Tiger: Assessing the BCM impact of the 2012 Olympics on Canary Wharf

ISSN： 1749-9216

Source： Journal of Business Continuity & Emergency Planning, Vol.5, Iss.1, 2011-02, pp. : 453-461

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Abstract

In this paper, collective corporate resilience is studied to see how a culture of sharing information and planning may assist other business communities to prepare for future events. The London 2012 Summer Olympic Games will see huge opportunity for businesses in London, and across Europe, but not without cost. Canary Wharf lies in the heart of London’s Docklands and less than three miles from the Olympic Park at Stratford. Purpose-built as a business district, it accommodates a working population of 95,000 people, is home to some of the world’s leading brands and has a vibrant retail complex of over 200 shops, bars and restaurants. This business community is preparing for every aspect of the Olympics and, in particular, the disruption the Games will bring. As a private estate, the community resilience approach fostered here is both better defined and finite in terms of those it includes as a result. Preparing together with joint exercises, forums and open communications in a network of trusted partners is yielding collective benefits and lending a stronger voice in the call for more information from official agencies. This paper outlines the benefits of collective planning and reports on the success of Canary Wharf’s annual estate-wide business continuity exercise — the first major collective Olympics planning exercise in London.