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Beyond recovery: the broader benefits of business continuity management

BSI has published a new white paper which explains why the benefits of BCM ‘go far beyond helping organizations recover from unexpected disruptions’.

The executive summary reads as follows:

  • BCM is a critical business discipline, helping organizations prepare for, and recover from, a wide range of unexpected incidents and unwelcome interruptions.
  • The importance of recovery – the most obvious purpose of BCM – can hardly be overstated. Thousands of businesses have saved time and money by getting back up and running quickly after a disruption – and some even owe their survival to it.
  • Despite the ‘recovery rationale’ for BCM, many business leaders are yet to embrace the discipline – while others are implementing it piecemeal or poorly.
  • Organizations are missing out on more – much more – than simply a speedy return to ‘business as usual’ in the event of disruption. BCM can provide a rich return on investment (ROI) without the occurrence of a disaster.
  • A robust BCM process offers many advantages, from lower insurance premiums and process improvements to business expansion and brand enhancement.
  • At a strategic level, BCM can play a key part in organizations’ risk management processes, answering to the demands of today’s onerous regulatory and corporate governance requirements.
  • It is time for the ‘C-suite’ to wake up to the full range of BCM benefits and the true ROI the discipline offers.
  • Help is at hand: the management system standard ISO 22301 provides the ideal framework for implementing a BCM system.
  • Many organizations, both large and small, have already implemented ISO 22301, harnessing a host of benefits from this multi-faceted standard.
  • Some have maximized the benefits by achieving independent third party certification to ISO 22301, enabling them to demonstrate ‘badge on the wall’ best practice in this vital area.
  • There is a growing trend for companies to be required to hold certification to ISO 22301 by powerful private and public sector customers – or risk losing business.

Read the white paper (PDF).

•Date: 22nd July 2014 • World •Type: Article • Topic: BC standards

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