Hi Howard. Comments below.
A few questions I'd like to pose to the forum based on what others
think about the flurry of Standards being developed.
1 . Will BCM become a better value proposition for business if
programs and solutions conform to a set of standards?
think about the flurry of Standards being developed.
1 . Will BCM become a better value proposition for business if
programs and solutions conform to a set of standards?
Yes, like ISO certifications, some businesses and customers and auditors will value the standards as a way to quickly determine and advertise compitence.
2 .. How prescriptive should a standard for BCM be?
As prescriptive as is practical including globally required considerations.
For example it wouldn't tell you how far away your recovery site should be, but it would tell you to document that the distance was considered and how the distance was determined.
3 .. Should there be a single holistic international standard, or
would we be better served by a set of standards, with a common
baseline, that acknowledges the differences between geographical
location, industry sector and size and scale of organisations?
A single standard eliminates confusion and reduces the cost and effort from having to meet multiple standards in all locations or different standards in multiple locations.
4 .. Are we already well serviced by existing standards, guidelines
and regulatory requirements?
and regulatory requirements?
Yes, but we need a certifying body.
5 .. What, exactly, we will be looking to achieve in a single one
size fits all standard, if we were to go that way?
size fits all standard, if we were to go that way?
A authoritative consensus on what is necessary in a good program.
6 .. How much compromise will we be prepared to accept in how we do
things and what we deliver for the sake of meeting a standard?
If a standard includes the minimum requirements for a good program, then the compromise would be to use the standard to create a good program.
The inference is that if it doesn't meet the standard, then its not a good program.
7 .. Will a BCM standard be able to influence regulators and others
who may need to change their requirements / standards to suit to make
it useful anyway?
who may need to change their requirements / standards to suit to make
it useful anyway?
Yes, regulators and auditors look for guidelines to help them ensure the practices are good.
If the business is BCM certified, the regulator's or auditor's job in that area is more quickly completed.