Oct 2008 Issue
BCM Health Checks
Does your CEO sleep well?
Top Tips - IT DR
Business Interruption Insurance

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BCM Health Checks

When was the last time you undertook a health check of your Crisis Management, Business Continuity or IT Disaster Recovery plan(s)? 

Maybe it's time to have one conducted by one of our experienced consultants?  
Whether it's a review of your existing plan documentation, assessment of your recovery site arrangements, or a workshop of continuity requirements with your business units and staff, you will receive a professional assessment of your current situation, recovery readiness and remediation plan.

Contact us on  1300-BCPLAN or by email to info@opscentre.com for more details on this offer.

Industry Links

What keeps your CEO awake at night?

An interesting article appeared the Business Continuity Institute 'Continuity' magazine this month, discussing the relationship of Enterprise Risk Management (ERM) and Business Continuity Management (BCM).
The 2008 Risk Management Survey - Business Insurance Europe, uncovered the key issues keeping CEO's awake at night are:
  • Financial Volatility
  • Regulation
  • Reputation
  • Catastrophe
  • Energy Availability
  • Suppy Chain
We can all relate to some, if not all, of the above categories of risks and incidents.
The article goes on to discuss the alignment of ERM and BCM, where each should be 'owned' in any organisation, and how to include the roles in staff job-descriptions and performance management objectives. 
Our own experience surrounding ownership is varied.  Commonly, ERM and BCM are driven by the Board Audit & Risk Committee, but depending on corporate structure, are owned within any one of a number of business units - Compliance, Governance, Finance (CFO), Information Technology (CIO), Quality, or Security.  As the article points out, this variation is due to the size, scale and complexity of the organisation.
Which approach is most successful?  There is no right or wrong answer, but organisations that manage risk and continuity planning as ongoing processes, rather than as a once-off projects, are way ahead of their competitors, and statistically, have greater maturity, and hence probability of recovery, if they experience an incident.
A copy of the Continuity Magazine article can be found here (.pdf format, 208Kb)

Warm regards

Rod Crowder
Ph: 1300-BCPLAN / +612 8251 0080
Mb: 0412 337 677
IT DR PrioritiesHere are 10 tips to help prioritise your Disaster Recovery program.
Business Continuity and IT Disaster Recovery have fallen out of favour with CIOs apparently. 
In the recent Gartner survey, these topics have disappeared from the list of CIO's "Top 10 priorities" for the next year (view the Gartner report here).  In the past they'd all had reasonable coverage and were priorities for the mindful technology executive.

So what are the top 10 priorities that you need to consider when implementing IT Disaster Recovery processes, infrastructure and plans?  Darrin Gay outlines them in the attached article.

Get a copy here (.pdf format, 664kb).
Business Interuption Insurance and its relationship to Continuity Management
Business interruption insurance (BI) requires concentrated attention because it cannot be altered after a disaster occurs.
BI insurance is inextricably linked to property damage insurance and is sometimes termed 'consequential loss' or 'loss of profits' insurance. Many aspects of BI insurance of BI insurance replicate business continuity planning. Especially the business impact analysis aspects of it.
In this article, John Sloane, a New Zealand based Insurance Risk Consultant, continues his series explaining various aspects of insurance and the ways in which it can support business continuity.
The article is available here.
Training Courses and Workshops in conjunction with Continuity Forum
  • Training Course -
Advanced IT Disaster Recovery
  • Training Course - Introduction to IT Disaster Recovery
  • Workshop - Testing IT Disaster Recovery Plans
  • The Introduction to IT Disaster Recovery Course will be held in Melbourne on 28th November.  For a brochure, click here.

    We are currently finalising an Advanced Disaster Recovery Planning Course - call or email us if you are interested in pre-registering for this course, which will be held early in 2009.


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