Executive buy-in is a big step in optimizing your organizational resilience program across your enterprise. Follow these 5 steps to start gaining executive Buyin today! Once sanctioned by the organization’s leadership, it will be much easier to build departmental engagement across the entire organization.
2. Agenda
Step 1: Define organizational resilience as
it relates to your organization or industry
Step 2: Determine a baseline
Step 3: Play by the rules! (Know your
regulations)
Step 4: Business Impact Analysis
Step 5: Money talks!!! Quantify the
financial impact
How to Build Executive Buy-in of your
Business Continuity Management Program
4. Why define continuity?
Industry Geographic
Location
Resources
Every organization has unique needs & priorities that
vary based on:
UNIQUE
DEFINITION
6. How do we define organizational resilience?
Industry Policies
Procedures Capabilities
Training
Policies
Capabilities
Your organization’s
definition of resilience
Ask yourself: How does my organization plan for & adapt to change or disruption?
8. 3
Ensure that the
organizational or
business continuity
management program
effectiveness can be
quantified
21
Establish standard
means of scoring BC
program
implementations
Why do you need a baseline?
Generate consistent data from which meaningful
benchmark analyses can be drawn:
Develop historical
databank tagged in
meaningful ways, e.g.,
by industry, by region,
by the organization’s
size, etc.
10. Synergistic YES YES YES YES YES YES
Planned Growth YES YES YES YES YES
Enterprise Awakening YES YES YES YES
Self-Governed NO
Supported Self-Governed Marginal Partial
Centrally Governed Partial YES YES
Program Basics Program Development
Senior
Management
Commitment
Professional
Support Governance
All
Departments
Participating
NO NO NO NO NO
NO NO NO NO
NO NO NO
NO NO
Integrated
Planning
Cross-
Functional
Increasing Business Continuity Maturity
BC Maturity Level
Business Continuity Maturity Model
12. Regulatory compliance is an
important factor influencing the
development of your business
continuity strategy.
Get a general understanding of
legislation governing:
Rules, shmools….
Data
integrity
Availability Compliance
14. Why a Business Impact Analysis?
1. Paints a picture of the consequences
of disruption of business functions
& processes.
2. Helps you better identify the
information needed to develop
recovery strategies.
3. Provides the basis for executive &
organizational investment in
recovery strategies, as well as,
investment in prevention &
mitigation strategies.
4. Crucial in gaining executive buy-in.
Deal in data, not anecdote
15. How to conduct your BIA
Use manual method - FEMA’s risk assessment tool
Hire a consultant
Use resilience planning software
1. Conduct a risk assessment.
2. Identify potential loss scenarios
Weather
Delivery failure or delay
Natural Disaster
Outside Treat
3. Quantify the impact for your executive team.
18. “About 50% of businesses that
suffer from a major disaster
without a disaster recovery plan in
place, never re-open for business.”
-American Management Association
20. Money talks. Quantify the financial impact.
Magnitude &
duration of
event
Structure of
local
economy
Geographical
area affected
Population
base
Time of day
Cost vary by elements of the disruptive event:
21. Quantify the cost of disruption
Operational
costs
Revenue loss
Reputational
loss
Facility
infrastructure
loss
Data loss &
recovery
22. Conclusion
Executive buy-in is a big step in optimizing your
organizational resilience program across your enterprise.
Once sanctioned by the organization’s leadership, it will
be much easier to build departmental engagement
across the entire organization.
23. About Virtual Corporation
Our offerings include:
• Business impact analysis (BIA)
• Site vulnerability assessments
• Crisis management
• Incident command exercise
• Continuity program design &
implementation
• IT disaster recovery
• BCMM® assessments & training
• Resiliency facilitation & planning
Virtual Corporation is a leading implementer
of enterprise resiliency & continuity programs.