Making a Profit Centre out of Business Continuity Management
Hands up all those in favour of a cost centre. Nobody – just as we thought! Now, hands up all those who’d like a new profit centre. Ah, much better! With the trend to define business operations in terms of the net profit they generate, instead of the expense to be funded, your next clear […]
A New Metric for Business Continuity – the Stupidity Index
If most problems are due to human error, the next metric for understanding risk and business impact might just be the stupidity index. It’s a somewhat tricky concept in a business sense, because stupidity is often context-dependent. The Peter Principle points this out, by stating that in organisations, people are promoted to their highest level […]
Smart Satellite Communications and Business Continuity Benefit
Among the previous articles you’ve read in our blog, you may have noticed that besides discussing how good business continuity management can save organisations from disaster, we also like to point out where it can also simply save you money. Here’s one of those cases. Satellite communications may intuitively seem to be more expensive than […]
Critical Vendor Reviews are Part of Business Continuity Management Too
What goes on inside your enterprise is of prime importance for your business continuity management. However, so are the actions and attitudes of vendors on which you rely to run your business. In the same way that you regularly check on BC processes and awareness inside, you should also conduct periodic investigations of key business […]
Keeping Organisational Policies Up to Date in Business Continuity Management
Whether or not rules are made to be broken, company policies are made to be reviewed. What was suitable for an organisation a few years ago may be out of date with requirements now. Paradoxically, this is an instance where business continuity management needs to introduce some discontinuity, to avoid the enterprise getting stuck in […]
What Would You Like to Win a Business Continuity Award For?
It’s that time of the year again, and surveys are running to see who will win the title of Business Continuity Person of the Year. Common criteria include the most effective, most innovative, most promising newcomer, and best lifetime achievement. There are even a couple of new categories being offered: best crisis communications and best […]