Business Continuity ABC Begins With The Right Framework Says Experts
KUALA LUMPUR, 18 February 2011 -- Getting ready to embark on a journey to ensure their organization is resilient, senior executives from financial institution, public utility companies, IT solution vendors as well as IT governance bodies had an opportunity to listen from industrial experts and peers in the area of Business Continuity (BC) during the Meet the Experts (MTE) seminar in Kuala Lumpur recently.
Back to Basics, as the theme of this session, offered its attendees takeaway points including an introduction to the fundamentals of Business Continuity Management (BCM) and some of the best practices- particularly on benchmarking with some of the worlds' most established BCM standards. Development of human assets of an organization, as experts point out, is the key in establishing a firm foundation in managing and implementing BCM. MTE attendess were presented with strategies in achieving that.
In respond to the questions posed by attendees seeking for the right approach to kick start a BC Plan from a senior management perspective, President of BCM Institute, Dr Goh Moh Heng, said "Building a BC Plan based on a particular standard seem like a logical thing to do, but however, there is a need to respond to the changing needs of BCM standards as standards in nature, evolve over time." Organizations are encouraged to take the good practice approach to kick start its BCM program by building a firm framework that focus on a standardized corporate BCM planning methodology that is adaptable to different international BCM standards that an organization will need to comply with.
Mr Michael Kum who is the Regional President for ITSMF and an experienced project manager specializing in IT Infrastructure Library (ITIL) and IT Service Continuity Management (ITSCM) shared the inter-connectivity, similarities, differences and common misunderstandings between ITSCM and BCM. Michael, who is also a Business Continuity Certified Expert (BCCE) himself shared his account of how an organization should position itself when they say "We have a Business Continuity Management(BCM) and IT Disaster Recovery (DR)" versus "We have an ITCSM implemented."