Weekly Research Data Finding 05/09/2012
BC Management’s Annual BCM Study assesses how well integrated business continuity programs are with other corporate functions Study Question: How well integrated is your business continuity program with the organizational strategic plan/ corporate mission statement? Please rate on a scale of 1 to 5 with 1 meaning “No Integration” and 5 meaning “Completely Integrated”. BC Management’s study results revealed that 5.88% of those study respondents also noting a “Very Immature" program indicated that their business continuity program was “Completely Integrated” with the organizational strategic plan/ corporate mission statement while 41.18% of those study respondents with “Very Mature” programs noted the same. Interested in learning how your business continuity program compares to the most mature programs? Our study asked the hard questions and contingency management executives gave their answers on a confidential basis.
Add Comment BC Management’s Annual BCM Study assesses the Business Continuity Program's Return on Investment/ Measurement of Program Effectiveness. Study Question: What percent of respondents noted that they do use a formula to calculate the elusive ROI?... BC Management’s study results revealed that 10% of all study respondents who manage a continuity related program indicated that yes, they do use a formula to calculate the ROI of the business continuity program. 13% of all financial organizations indicated the same. Interested in learning how to better evaluate your program’s effectiveness or acquire information from your BCM peers on what formula they use to calculate an ROI?... Our study asked the hard questions and contingency management executives gave their answers on a confidential basis. Our Business Continuity Management ROI Report details over a page of open text respondents who answered the question “What is the formula used to calculate the ROI”.
BC Management’s Annual BCM Study assesses organizational integration of the business continuity program with other corporate functions/ departments. What did the data findings show for manufacturing study respondents? After just publishing the Manufacturing BCM Industry Report we found that manufacturing respondents noted a higher percent of “Completely Integrated” compared to all study respondents for their business continuity/ resiliency program with Crisis Management (45% - manufacturing, 37% -all study respondents) and Information Technology (39% - manufacturing, 30% - all study respondents). On the flip side manufacturing respondents noted a higher percent of “No Integration” compared to all study respondents for their business continuity/ resiliency program with Executive Protection (39% - manufacturing, 19% - all study respondents) and Privacy(38% - manufacturing, 15% - all study respondents). BCM Peer Industry Review Get specific BCM data research tailored to your industry. Our exclusive BCM Peer Industry Review is a 40+ page research report focused on your desired industry peer group. The report highlights study findings for budgeting, personnel headcount, organizational reporting structure, program sponsorship, BIA, exercising of plans, estimated financial loss by hour of downtime, technology recovery solutions, consulting initiatives, vendor utilization, reasons for planning and organizational certification. Priced at $1,000. BCI, DRI Int’l and ICOR Certified professionals as well as members of the ACP and NEDRIX qualify for a 10% discount off all reporting. View Sample Report. Contact a BC Management representative with inquiries at info@bcmanagement.com. We often get the question, “How many professionals do other organizations have dedicated to their business continuity/ resiliency program?”… Makes sense that this question comes up so often. Those who champion a business continuity/ resiliency program want to ensure they have the proper number of personnel to accomplish their program goals. Plus, if other “peer” organizations have more personnel it might provide some leverage with the executive committee to also increase their headcount in combination with a defined program management deliverable timeline with headcount associated to each deliverable. Read BC Management’s data findings below and comment with your thoughts. BC Management has been collecting data metrics on BCM program management drivers (including dedicated personnel) since 2005. The 2011 study results (which closed on December 15, 2011) indicated the following below. Remember to site BC Management when referencing these data findings. Data Findings: - A program usually consists of more than just business continuity planning. In fact, our study showed that the average number of disciplines within an enterprise program is 4.9. Study respondents choose from a long list of 20+ different disciplines that they personally manage within their program. The most prevalent disciplines in an enterprise program included Business Continuity Process (Business Focused), Crisis Management, Emergency Management, Pandemic Planning and Disaster Recovery Process (IT Focused). The more disciplines managed within a program will tend to yield more personnel. - 53% of the study respondents indicated having 1+ professional dedicated to their program under their direct management and supervision. - BC Management’s study reported an average of 11.64 full-time personnel and an average of 24.63 part-time personnel dedicated to the business continuity/ resiliency program. - The number of TOTAL PROGRAM personnel (all disciplines managed within the enterprise program) varied between 1 to 350 dedicated professionals. The number of personnel exclusively dedicated to BUSINESS CONTINUITY PROCESS (BUSINESS FOCUSED) ONLY varied between 1 to 23 professionals. (This number excludes personnel exclusively dedicated to disaster recovery, crisis management, emergency management, etc). Important Notations: *Information noted above consisted of USA based study respondents (1,364 participants). All study respondents manage a business continuity, IT resiliency, crisis management or emergency management program. 65.13% of the USA based study respondents manage a program that is either national, multi country or global. *Data findings indicate a CORRELATION with number of dedicated program personnel to the industry, revenues of an organization, number of company personnel, distribution of company (small localized region to global) and maturity of the program. *The MOST REQUESTED DATA FINDINGS from BC Management regarding dedicated program personnel, program budgeting and other program management drivers are based on a peer assessment. Peer organizations are defined by a similar industry, revenue band, number of company employees, distribution of company locations and/or maturity of the program. *BC Management keeps all study respondent information in the strictest of confidence. We never reveal the company name or personal information behind a study response. Our reports are an average of the study respondents that meet the criteria of a client’s defined peer assessment. Questions ? - Contact a BC Management representative. This question has come up multiple times with our clients…. There is certainly a challenge in managing recovery efforts overseas and many organizations want to know how others are managing the business continuity program in facilities that are not their primary location. BC Management’s data indicates that a majority of corporations with up to 5,000 offices indicated one of the following: 1) Manage the BC program from the primary corporate office with periodic travel to other office locations. Upwards of 40% of respondents regardless of the size of the organization up to 5,000 offices. - OR - 2) Manage the BC Program with existing resources that are not experienced in business continuity/ disaster recovery planning. Usually upwards of 25% regardless of the size of the organization up to 5,000 offices. Those study respondents with 5,000 + offices indicated a more evenly distribution across the study selection options. These larger organizations are more likely to either place an expatriate (13%) or hire a full-time, permanent professional local to the office (25%). View BC Management data findings - http://www.weebly.com/uploads/3/7/5/2/3752086/bcm-non_primary_offices_image.png. This data chart only focuses on those study respondents who either manage a global program or who manage a regional program with multiple countries. BC Management's 2011 study indicates that more business continuity professionals based in Canada earn a total compensation between $81 - $100K CAD (36%) while 3% of study respondents earn a total compensation of $200K+ CAD and 3% of study respondents earn $50K CAD or less. (Data reports on 2010 compensations for professionals based in Canada. Total compensation is base + bonus only.) View the pie charts at: Canada Study Respondents - http://www.weebly.com/uploads/3/7/5/2/3752086/pie_chart_on_canada_2010_comp.png USA Study Respondents - http://www.weebly.com/uploads/3/7/5/2/3752086/pie_chart_on_usa_2010_comp.png Weekly Research Data Point 11/15/2011
BC Management’s 2011 10th Annual BCM Study has received over 1,000 study participants! The weekly BCM Research Data Point is: What percent of Utility industry study respondents rated their Business Continuity Management program as “Very Mature”? Maturity rating was on a self assessment scale of 1 to 5 with 1 meaning “Very Immature” and 5 meaning “Very Mature”. - 3.23% of Insurance industry study respondents rated their Business Continuity Management program as “Very Mature” according to BC Management’s 2011 10th Annual BCM Study. Based on 32 Utility industry respondents out of 1,223 total study respondents. Get your copy of the Comprehensive BCM Compensation Report. Study participants who respond by December 15, 2011 will receive a complimentary copy of the Final Comprehensive BCM Compensation Report. The initial findings report for the USA was recently distributed to early study respondents. The survey accommodates full-time permanent employees, part-time permanent employees, permanent consultants (Big 5, IBM, HP, SunGard, etc), independent consultants and unemployed. Compensation reports will be published for USA, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa (based on the number of study respondents from each region.) Disregard the questions that do not apply to you. Are you a manager? Be sure to participate in both sections of the study (if you manage a corporate BCM program) to receive a complimentary Executive Board Report on Trending in the BCM profession. Participate in BC Management’s 10th Annual BCM Study by 12/15/2011 to get Complimentary BCM Research Report(s) -http://www.bcmanagement.com/participate-in-study.html Information on BCM program benchmarking - http://www.bcmanagement.com/program-management-research-data.html. Information on BCM compensation benchmarking - http://www.bcmanagement.com/compensation-research-data.html Thank you to all the professionals who participated in BC Management’s 10th Annual BCM Study - the leading study in BCM Compensation Reviews and BCM Program Management initiatives. Contact a BC Management representative on BCM program management and/or compensation data research inquiries customized to your organization's peer group (by industry and or size of organization) - info@bcmanagement.com Sample BCM Compensation Benchmarking Sample BCM Program Management Report Sample BCM Staffing Index Sample BCM Budgeting Review Sample Diverse Peer Based Benchmarking Weekly BCM Research Data Point 11/09/2011
BC Management’s 2011 10th Annual BCM Study has received over 1,000 study participants! The weekly BCM Research Data Point is: What percent of Insurance industry study respondents rated their Business Continuity Management program as “Very Mature”? Maturity rating was on a self assessment scale of 1 to 5 with 1 meaning “Very Immature” and 5 meaning “Very Mature”. - 6.02% of Insurance industry study respondents rated their Business Continuity Management program as “Very Mature” according to BC Management’s 2011 10th Annual BCM Study. Based on 84 insurance industry respondents out of 1,223 total study respondents. Get your copy of the Comprehensive BCM Compensation Report. Study participants who respond by December 15, 2011 will receive a complimentary copy of the Final Comprehensive BCM Compensation Report. The initial findings report for the USA was recently distributed to early study respondents. The survey accommodates full-time permanent employees, part-time permanent employees, permanent consultants (Big 5, IBM, HP, SunGard, etc), independent consultants and unemployed. Compensation reports will be published for USA, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa (based on the number of study respondents from each region.) Disregard the questions that do not apply to you. Are you a manager? Be sure to participate in both sections of the study (if you manage a corporate BCM program) to receive a complimentary Executive Board Report on Trending in the BCM profession. Participate in BC Management’s 10th Annual BCM Study by 12/15/2011 to get Complimentary BCM Research Report(s) -http://www.bcmanagement.com/participate-in-study.html Information on BCM program benchmarking - http://www.bcmanagement.com/program-management-research-data.html. Information on BCM compensation benchmarking - http://www.bcmanagement.com/compensation-research-data.html Thank you to all the professionals who participated in BC Management’s 10th Annual BCM Study - the leading study in BCM Compensation Reviews and BCM Program Management initiatives. Contact a BC Management representative on BCM program management and/or compensation data research inquiries customized to your organization's peer group (by industry and or size of organization) - info@bcmanagement.com Sample BCM Compensation Benchmarking Sample BCM Program Management Report Sample BCM Staffing Index Sample BCM Budgeting Review Sample Diverse Peer Based Benchmarking Weekly Research Data Point 10/26/2011
BC Management’s 2011 10th Annual BCM Study has received over 1,000 study participants! The weekly BCM Research Data Point is: What is the average percent change in total compensation for those business continuity professionals who DID NOT change employment between 2009 and 2010? The BC Management study indicated the following: - Business continuity professionals who did not change jobs between 2009 and 2010 were rewarded with an average percent change of a 6% increase in total compensation. Those business continuity professionals who did change jobs between 2009 and 2010 noticed an average percent change of a 3% increase in total compensation. Get your copy of the Comprehensive BCM Compensation Report. Study participants will receive a complimentary copy of the 2011 initial findings in the next week. Be sure to respond soon to get your free copy. The survey accommodates full-time permanent employees, part-time permanent employees, permanent consultants (Big 5, IBM, HP, SunGard, etc), independent consultants and unemployed. Disregard the questions that do not apply to you. Are you a manager?Be sure to participate in both sections of the study (if you manage a corporate BCM program) to receive a complimentary Executive Board Report on Trending in the BCM profession. Participate in BC Management’s 10th Annual BCM Study to get Complimentary BCM Research Report(s) -http://www.bcmanagement.com/participate-in-study.html Information on BCM program benchmarking - http://www.bcmanagement.com/program-management-research-data.html. Information on BCM compensation benchmarking - http://www.bcmanagement.com/compensation-research-data.html Thank you to all the professionals who participated in BC Management’s 10th Annual BCM Study. The study is live thru December15, 2011 so there's still plenty of time to participate and benefit from our complimentary reports. The leading study in BCM Compensation Reviews and BCM Program Management initiatives. Contact a BC Management representative on BCM program management and/or compensation data research inquiries customized to your organization's peer group (by industry and or size of organization) - info@bcmanagement.com Sample BCM Compensation Benchmarking Sample BCM Program Management Report Sample BCM Staffing Index Sample BCM Budgeting Review Sample Diverse Peer Based Benchmarking Weekly Research Data Point 10/18/2011
BC Management’s 2011 10th Annual BCM Study has received over 1,000 study participants! The weekly BCM Research Data Point is: Will your organization be considering cloud computing in the next year? - 43.4% of study participants answered yes. The study respondents indicated that they will be basing their decision heavily on the following: - User access security concerns (56.9% very high importance), - Recovery issues (46.7% very high importance), - Data storage (44.2% very high importance), - Segregation of data (38.2% very high importance), - Regulatory compliance (36.6% very high importance), - Supportive needs (30.3% very high importance) and - Location (24.9% very high importance) *Each category above had a rating level from 1 to 5 with 1 meaning very little importance and 5 meaning very high importance. Thank you to all the professionals who participated in BC Management’s 10th Annual BCM Study. The study is live from May 9, 2011 thru December 15, 2011. There's still plenty of time to participate and benefit from our complimentary reports. Participate in BC Management’s 10th Annual BCM Study by Oct 20thto get a Complimentary BCM Compensation Report(s) -http://www.bcmanagement.com/participate-in-study.html The leading study in BCM Compensation Reviews and BCM Program Management initiatives. Interested in obtaining BCM data research reports? BC Management has several reports to choose from to answer your questions on budgeting, ROI, program maturity and staffing (to name a few). A complete listing is available at http://www.bcmanagement.com/program-management-research-data.html. Contact a BC Management representative on BCM program management and/or compensation data research inquiries customized to your organization's peer group (by industry and or size of organization) - info@bcmanagement.com |  Stay Informed! Subscribe to the BCM Blog Today.Welcome!Sign up to receive BCM Blog updates via the RSS Feed link above. This will enable notifications to be sent directly to your email. You may also check back here for regular updates from the BC Management team on new job postings, industry news, events, and special offers! ArchivesMay 2012
|
