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BC Management's BCM Program Management Trending Report has been Distributed to those Professionals who Participated in our Annual BCM Program Management Assessment.
Missing your report? Please inquire with a BC Management representative if you did participate in the BCM Program Management Benchmarking Assessment, but didn't receive a report. This report is also available for purchase at $500 USD.
Highlights from the BCM Program Management Trending Report:
- Improved integration of the business continuity management program with other corporate functions with crisis management/ incident management, disaster recovery, emergency management, information technology and security - information showing the greatest improvement.
- The business continuity program is increasingly being placed underneath risk management or a dedicated business continuity office (both reporting a 7% increase from 2009 to 2014). In comparison, IT dropped as the department owner from 27% in 2009 to 18% in 2014.
- Risk management, corporate offices and a dedicated business continuity office received the highest approval ratings for where to position the business continuity program for maximum visibility.
- From 2009 to 2014 an increasing number of respondents noted the Chief Risk Officer as the program sponsor (6% increase); while less noted the Chief Information Officer/ Chief Technology Officer (5% decrease).
- An increasing number of respondents are placing the program from zero to one level of separation from their executive committee (5% increase from 2009 to 2014).
- More respondents indicated an increase in conducting an annual BIA for critical (44% in 2009 to 51% in 2014) and non-critical business functions (34% in 2009 to 40% in 2014). More respondents also believed they are leveraging the BIA findings more so in 2014 compared to 2009.
- An increasing number of respondents are conducting an internal audit of their program. Those who indicated “Never” conducting an internal audit of the program decreased from 23% in 2009 to 17% in 2014.