Saturday, 11 May 2013

BCM -A step in the Right Direction for African Corporations

Welcome to the platform that seeks to promote awareness on is a relatively new concept in the area of business protection and enterprise wide risk management with interest of African businesses and corporations both in public and private sectors in mind.

There is an urgent  need for Business Continuity Management (BCM)  in Africa starting with the leaders and Giants in the African continent.


Business continuity management (BCM) is a relatively new concept in the area of business protection and enterprise wide risk management. However, organizations do not exist in a vacuum and organizations must seek to understand where its application will bring value as well as fits with other activities to support the achievement of organizational objectives. The subject and importance of business continuity management has received significant attention and awareness especially in developed economies of the world; however, it has received little or no attention in developing economies of Africa and Asia and as such many business leaders especially in Africa still do not recognize the starting point in developing these capabilities.



Business Continuity Management is a management process that identifies potential impacts that threaten an organisation and provides a framework for building resilience and the capability for an effective response which safeguards the interests of its key stake holders, reputation, brand and value creating activities. It provides a basis for planning to ensure an organization’s long-term survivability following a disruptive event.

No organization can have complete control over its business environment  and as such all organizations from all sectors will at some point encounter possibility of disruptive incidents that have short and  long standing impact on normal operations to the very destruction of the organization. Organisations are faced with a variety of threats and vulnerabilities as business disruptions can include natural disasters such as flood, tsunami, fire outbreaks, power outages, system failures, man-made disruptions and as such organisations would look beyond industry specific and a single class of crisis and disruptive event. 

BCM is beyond just dealing with big impact; low probability events. It has become an essential enabler of organisational resilience as part of business as usual (daily operation) with direct attention and focus on identifying and protecting sources of value and value creating activities within an organisation.



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