The Risk Management Resiliency Program (RMRP) objective is to establish a business-resiliency framework to help provide an efficient response to business-interruption events affecting Oracle’s operations. The RMRP is implemented and managed locally, regionally, and globally.
The RMRP program Is comprised of four Risk Management functions:
At the global level, the RMRP is comprised of senior Oracle executives. This executive focus is designed to ensure that appropriate levels of management are engaged in bringing resources to bear on a situation. Regional Crisis Management Teams (RCMTs) engage with and consult the global executive team.
At the regional level, multiple RCMTs are comprised of executive and senior management at the regional level, who can make decisions and authorize the Crisis Commander to act on escalated matters.
At the local level, the RMRP is implemented via a Local Crisis Management Team (LCMT). The LCMT is comprised of a Crisis Commander and representatives from each key line of business (LOB) at the impacted location. This team collects and disseminates information regarding a local crisis, executes the local Emergency Response Action Plan to assure personnel safety, and activates local business-resiliency plans to maintain critical business functions. The Crisis Commander funnels this information and escalates any issues to the Regional Crisis Management Team (RCMT).