The Business Continuity Institute has launched a new tool which allows business continuity managers to evaluate the quality of their BCM arrangements.
There have been a number of business continuity standards launched around the world in recent years, with the latest, BS 25999 part one, being released at the end of November 2006. One thing many of these standards have in common is they are built around concepts first developed in the BCI’s Good Practice Guide (GPG). Initially launched in 2002 and recently updated to fully align with BS25999-1, this overarching methodology of best practice is incomparable in its depth and range of guidance.
In order to take the usefulness of the Good Practice Guide to another level, the Business Continuity Institute has joined forces with INONI Ltd to develop BCI Benchmark, a powerful self assessment tool which will enable companies to benchmark and measure their business continuity plans and processes against the latest version of the GPG 2007. BCI Benchmark will also allow benchmarking and self-evaluation against the broad principles contained in other international business continuity standards. This provides an excellent opportunity to use BCI Benchmark as a best practice teaching aid and a quality management tool, enabling the user to improve BCM arrangements within their organisation.
BCI Benchmark has various unique aspects:
• It is easy to set up yet very powerful and is suitable for use by businesses and organisations of every size.
• It uses database driven software with an intuitive web-based interface.
• It provides an independent global perspective, allowing organisations to benchmark against the GPG with reference to each recognised international standard.
• It operates in real time, delivering instant results and multiple views of individual analysis and benchmark data.
• It provides expert analysis offering comparability and identification of improvements at detailed and strategic levels.
• You can benchmark multiple independent areas of the organisation and perform closed or separate comparison.
• Its inbuilt maturity model allows two levels of benchmarking dependent on how developed BCM is within the organisation.
• It can be customised to reflect national, regional or sector-specific issues.
• You can repeat or update responses within the license period, providing an audit trail and immediate reflection of changes and improvement.
• It offers intelligent online help, detailed FAQs and online support, although few users find they need to rely on these.
• BCI Benchmark will be continuously developed and the improvements in the evolving product will be shared with all users.
BCI Benchmark is powered by INONI, a proven diagnostic, benchmarking and measurement system which has been used extensively by the UK Financial Services Authority since 2005 for market-wide resilience benchmarking. INONI also delivered the autumn 2006 market wide BCM exercise questionnaire to participants on behalf of the Tripartite Authorities (the Bank of England, HM Treasury and the FSA). It is globally accessible, resilient, secure, fast, reliable and, most importantly, thoroughly tested.
BCI Benchmark starts at £145 : for details of how to purchase or to obtain a free demo, click here.

•Date: 15th March 2007 • Region: World •Type: Article •Topic: BC general
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