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Business Continuity Institute 2014: the story of the year

Business Continuity Institute 2014: the story of the year

Blog posts   •   Jan 05, 2015 10:57 GMT

The dawn of the new year in 2014 was welcomed in with what the Business Continuity Institute’s Chairman – Steve Mellish FBCI – referred to as his 2020 Vision, a commemoration of the 20th anniversary of the BCI. This was not to be a reflection on the previous two decades, but rather a look at what lies ahead in what he termed a new horizon for the industry and those working within it.

Be prepared

Be prepared

Blog posts   •   Dec 10, 2014 13:21 GMT

Suppose your company’s data systems were to go down unexpectedly. What would it cost your enterprise? Would you believe $212,000 for every hour you're offline, or about $3,500 per minute? That's the average figure the market intelligence firm Aberdeen Group came up with recently when it analyzed 125 organizations worldwide.

Horizon Scan 2015

Horizon Scan 2015

Blog posts   •   Dec 03, 2014 13:28 GMT

The Business Continuity Institute is asking business continuity professionals and those working in the wider field of organizational resilience to take just a few minutes to complete the Horizon Scan 2015 survey and share your thoughts on what you think the biggest threats are that organizations face.

Resource-based contingency planning – an alternative approach to ISO22301 certification

Resource-based contingency planning – an alternative approach to ISO22301 certification

Blog posts   •   Oct 31, 2014 12:33 GMT

Business continuity is not that much a new concept. Being not new also means that it probably is due to be redesigned. Since the inception of Business Continuity Management in the late 80s and early 90s of the last century, the world has changed quite a bit. The main concepts, procedures and processes of BCM however have not changed that much in the past 25 or so years.

Developing simple recovery plans for key processes

Developing simple recovery plans for key processes

Blog posts   •   Oct 29, 2014 10:59 GMT

If a major incident affected your business tomorrow, what are the processes, machinery or even suppliers that would be really hard to replace quickly – the really awkward ones, the unique machinery or equipment that perhaps there isn’t really a plan for, let alone a plan that gets you back within an acceptable recovery time?

A case study of the integration of ERM and BCM as an independent function

A case study of the integration of ERM and BCM as an independent function

Blog posts   •   Oct 28, 2014 14:50 GMT

At the 2014 BCI World Conference and Exhibition, participants will have an opportunity to listen to a real case study of the integration of Enterprise Risk Management (ERM) and Business Continuity Management (BCM) as an independent function. This is an innovative and forefront role for the ERM and BCM function.

Business continuity and information security – a good fit?

Business continuity and information security – a good fit?

Blog posts   •   Oct 24, 2014 14:02 BST

During my interaction with senior management as a business continuity/information security consultant, especially amongst IT centric organisations, I am invariably asked a question: "We come across too many ISO standards which have common themes. In your opinion, which are some of the Standards that come very close especially from an implementation perspective?"

Why your company values matter in embedding resilience

Why your company values matter in embedding resilience

Blog posts   •   Jun 27, 2014 08:48 BST

Typhoon Haiyan was the strongest tropical cyclone to have ever hit land and it lashed the Philippines with such fury last year. Many of us are familiar with the scale of death and destruction it caused, but few know about the positive stories emerging out of the storm. One of these stories involves a tiny island called Tulang Diyot which was in the direct path of Typhoon Haiyan.

Practice makes perfect

Practice makes perfect

Blog posts   •   Jun 11, 2014 09:56 BST

I used to do the Telegraph crossword years ago, after my mother-in-law got me into it (one of the two things for which she is to be applauded – the other being her daughter, obviously). Whilst I wouldn’t claim to be an expert, I did go from not having the faintest idea what most of the clues meant to the point where I managed to finish it more often than not.

Football World Cup: a disruptive influence or an opportunity?

Football World Cup: a disruptive influence or an opportunity?

Blog posts   •   May 27, 2014 16:58 BST

The long wait is nearly over. On June 12th Brazil take on Croatia at the Arena de Sao Paulo in Brazil to officially kick start one of the biggest, if not the biggest, sporting event in the world – the football World Cup. Over the course of 31 days, 32 countries will battle it out in 64 games for the right to be crowned world champions.

Information - friend or foe?

Information - friend or foe?

Blog posts   •   May 25, 2014 20:18 BST

Information is both a risk and a resource when thinking about organisational resilience, including business continuity. There are plenty of examples of information losses that have caused major embarrassment, cost a considerable amount of money to resolve and resulted in a loss of trust as well as clients.

Is ISO27001 effective in dealing with the cyber threat?

Is ISO27001 effective in dealing with the cyber threat?

Blog posts   •   May 23, 2014 17:21 BST

ISO27001, the standard for information security, has recently had a face-lift. It is claimed that ISO27001 is the second largest selling management systems standard in the world and one might assume that this means there has been a significant uptake in its global implementation. The numbers of standards sold is not too surprising.

What if...?

What if...?

Blog posts   •   May 07, 2014 11:11 BST

As a futurologist of many years’ standing I am regularly confronted with requests to ‘predict’ the outcome of some activity or development in the world of tomorrow. If only my crystal ball were that magical ... but it also reveals a basic misunderstanding of what futurology is all about.

Does business continuity in the public sector work, and does it get the buy in it deserves?

Does business continuity in the public sector work, and does it get the buy in it deserves?

Blog posts   •   Apr 25, 2014 11:11 BST

Many larger companies which have Business Continuity Management systems produce or deliver products. Failure to deliver as a result of any interruption will very likely impact upon the business financially and could ultimately put companies out of business. Is there any wonder therefore that the management of such businesses are often quite willing to spend money on protecting their interests.

Counting the costs and benefits of business continuity, a Non-Executive Director's perspective

Counting the costs and benefits of business continuity, a Non-Executive Director's perspective

Blog posts   •   Mar 18, 2014 11:34 GMT

Essentially the Non-Executive Director's role is to provide a creative contribution to the board by providing objective criticism. So I recommend that all Non-Executive Directors consider challenging the board to count the costs involved in deploying business continuity management and balancing these costs against quantifiable benefits gained from its Business Continuity Management System.

Counting the costs and benefits of business continuity, the BCI Technical Director's perspective

Counting the costs and benefits of business continuity, the BCI Technical Director's perspective

Blog posts   •   Mar 18, 2014 11:33 GMT

For those of you who think BCM is expensive, try operating without it. Business Continuity has often been treated almost as an ‘act of faith’. Common sense has suggested that well prepared companies are likely to recover from an unexpected interruption quicker than unprepared ones; that they are likely to lose much less money by being productive again more quickly.

Never work with children or animals... or technology

Never work with children or animals... or technology

Blog posts   •   Feb 21, 2014 15:14 GMT

The other day I attended a meeting of a local business continuity forum. It was a very well run, very interesting meeting – the latter despite the fact that one of the topics was business interruption insurance, living proof that any subject can be made interesting by an engaging speaker. There was, however, one small glitch in proceedings that I thought was worthy of note...

A vision of the future

A vision of the future

Blog posts   •   Feb 13, 2014 11:13 GMT

I’m relatively new to business continuity management, with only a little over ten years’ experience in this industry that is said to be made up of the 'Men in Grey'. Someone said this to me at last year’s BCI World Conference, I then looked in the mirror and sure enough that was me already. So what incenses me and what gives me hope that as an Institute we are making progress?

The return on investment of a BCM programme

The return on investment of a BCM programme

Blog posts   •   Feb 06, 2014 11:07 GMT

When will the investment for a BCM programme pay off? Most people think that the only correct answer is when a damage scenario has taken place. Hopefully then an effective BCM programme will reduce an otherwise much more costly, or even possibly fatal financial impact to a bearable amount. Then, and only then, will the investment in BCM be paid off – just like insurance policy.

A nice cup of tea

A nice cup of tea

Blog posts   •   Jan 31, 2014 12:20 GMT

A bad cup of tea is, in my view, worse than no cup of tea at all. It might have all the ingredients (not that there are many) but if it’s not done right it can be awful. In a similar(ish) vein, my view is that a bad business continuity plan is as bad as – and possibly worse than – no plan at all.