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Posted: Mon, April 7, 2008
Business continuity management leads to strategic gainsCompanies in Europe and the UK are benefiting from their business continuity management (BCM) schemes in ways not simply related to faster recovery from disruptions, it has been revealed.According to a survey conducted by risk advisory firm Marsh, 96 per cent of business continuity and risk managers have experienced at least one other benefit from their BCM plans, with 52 per cent enjoying at least two. A better understanding of business matters was cited by half of the respondents in the upcoming survey, while 37 per cent cited improved strategic decision-making as a result of implementing a BCM plan. According to Computer Weekly, Martin Caddick, a representative from Marsh, said: "Most firms are not viewing business continuity management as a compliance or insurance-related issue, but as good practice to manage their overall operational risk." Interestingly the survey also revealed that, while 75 per cent believed their BCM to be aligned with strategic business objectives, only half believed BCM to be used as a strategic tool within their organisations. 
© Adfero Ltd
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