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sustainable planner
business continuity
professional consulting
presented by:
Virtual Corporation
5 Steps to Build Executive Buy-in of your Business
Continuity Management Program
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
Tip #1:
Define organizational resilience as it
relates to your organization or industry
Why define continuity?
Industry Geographic
Location
Resources
Every organization has unique needs & priorities that
vary based on:
UNIQUE
DEFINITION
Organizational resilience*:
*Business Continuity Institute
the adaptive capacity of an
organization in a complex
& changing environment.
“
”
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?
Tip #2:
Determine a baseline
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.
Get a baseline of business continuity maturity
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
Tip #3:
Play by the rules!
(Know your regulations)
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
Tip #4:
Business Impact Analysis
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
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.
Risk Assessment
Tip #5:
Money talks:
Quantify the
financial impact
“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
Behavioral Changes
Secondary Impact
Mitigation Costs
Initial Impact
Total
Financial
Impact
Security Modifications
Adverse Event
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:
Quantify the cost of disruption
Operational
costs
Revenue loss
Reputational
loss
Facility
infrastructure
loss
Data loss &
recovery
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.
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.
www.virtual-corp.com

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5 steps to build executive buy in of your Business Continuity program

  • 1. sustainable planner business continuity professional consulting presented by: Virtual Corporation 5 Steps to Build Executive Buy-in of your Business Continuity Management Program
  • 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
  • 3. Tip #1: Define organizational resilience as it relates to your organization or industry
  • 4. Why define continuity? Industry Geographic Location Resources Every organization has unique needs & priorities that vary based on: UNIQUE DEFINITION
  • 5. Organizational resilience*: *Business Continuity Institute the adaptive capacity of an organization in a complex & changing environment. “ ”
  • 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.
  • 9. Get a baseline of business continuity maturity
  • 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
  • 11. Tip #3: Play by the rules! (Know your regulations)
  • 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.
  • 17. Tip #5: Money talks: Quantify the financial impact
  • 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
  • 19. Behavioral Changes Secondary Impact Mitigation Costs Initial Impact Total Financial Impact Security Modifications Adverse Event
  • 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.