Often organisations embark on the journey to establish a Business Continuity Management (BCM) program (in-house or through appointing a professional service provider), without understanding what fundamentals need to be in place as a minimum.
Before establishing your BCM program consider the following questions and simply answer Yes or No:
- Is there ‘buy in’ from top management?
- Is the BCM program aligned to the organisational structure and objectives?
- Is the scope of the BCM program defined and documented?
- Is the BCM program aligned to the Risk Management Framework of the organisation?
- Are dedicated human resources identified to drive the implementation of the BCM program?
- Are there clearly defined and formalised BCM roles and responsibilities?
- Are there performance indicators in place that can measure the effectiveness on the BCM program over time?
- Are the key suppliers onboard in terms of their commitment to support the business in event of a disruption?
- Is there a dedicated BCM budget?
- Is there a BCM review and maintenance schedule?
There is no conclusive research of evidence to support what constitute a good score out of ten (10). However, from experience, the following can be stated: If you answered “No” to three (3) or more of these questions, you will experience significant challenges in establishing your BCM program.
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