This document discusses the importance of building resilient businesses through effective business continuity management. It notes that while disasters can disrupt any business, establishing plans and procedures through BCM can help businesses survive challenges and disruptions. The document provides examples of large-scale disasters in 2015 that caused billions in economic losses. It outlines the ROI of BCM, including competitive advantages as well as reduced insurance costs. It emphasizes practicing continuity plans through regular exercises to identify gaps and ensure preparedness.

1. Building resilient businesses

2. Building resilient businesses
https://www.youtube.com/watch?v=BuSz
5xWM5gI
The Business Continuity Institute
Discover the value of business
continuity – YouTube clip

3. Building resilient businesses
Business continuity
management (BCM)
Planning, preparing &
managing non-routine
business disruptions

4. Building resilient businesses
Let us consider,
HOW WOULD YOUR
BUSINESS SURVIVE
THESE CHALLENGES?
Drawing on both Australian
and international experience

5. Building resilient businesses
For everyone involved
in these incidents,
their day started out
like any other, but ended up
very differently
to what they expected.

6. Building resilient businesses

7. Building resilient businesses
Estimate total economic losses from disasters
USD$85 billion less
Estimated insured losses from disasters
USD$32 billion
= an estimated USD$53B uninsured losses
Approximately 26 000 people died in disasters.
Source
http://www.swissre.com/media/ne
ws_releases/Preliminary_sigma_e
stimates_for_2015.html

8. Building resilient businesses
Losses were caused by various severe
natural catastrophes, including windstorms,
hurricanes, earthquakes, flooding and wildfires.
Nepal earthquake, 25 April 2015 caused
Around 9 000 deaths with an estimated USD$6B+
in economic losses only USD$160M insured.
Heat waves in May/June 2015 in India & Pakistan caused
over 3 000 deaths with highest records temperatures since 1995.
A series of explosions at a storage facility, Port of Tianjin,
China claimed 173 lives; injured more with much property damage and
claims totalling USD$2B making it the largest ever man-made
loss event in Asia.
Source
http://www.swissre.com/media/n
ews_releases/Preliminary_sigm
a_estimates_for_2015.html

9. Building resilient businesses
Business Continuity Mgmt
Return on Investment (ROI)
 Competitive advantage & increased revenue
 Be prepared for the big disaster,
but also smaller ones too
 Appeals to investors
 Reduces insurance premiums and/or
better coverage (or any coverage at all!)
 Fill gaps in your insurance coverage.
Remember not every risk is insurable!
 Compliance
Source:
http://www.thebci.org/index.php/about/news-
room#/blog_posts/6-reasons-why-you-should-
make-a-business-continuity-plan-45693

10. Building resilient businesses

11. Building resilient businesses
https://youtu.be/3IXEYVxTy4E
The Business Continuity Institute
Business Continuity Management
The Time is Now – YouTube clip

12. Building resilient businesses
Source: BCM Lifecycle
Global Good Practice Guide
(GPG) 2013
Business Impact
Analysis (BIA)
‘How to’ checklists
or Business
Recovery
Procedures (BRPs)
Contact Lists
Continuity
Resource
Requirements
Analysis (CRRA)
During an activation
Exercise/
Tests
Reviews &
Maintenance

13. Building resilient businesses
Only one threat to
business continuity
Loss of or access
to key resources

14. Building resilient businesses
Key resources?
Infrastructure
ICT
People
Reputation
Dependencies

15. Building resilient businesses
EXERCISE
people
for continuous
improvement
TEST
technology
for pass or
fail
e.g. ICT

16. Building resilient businesses
Everyone learns lessons
when they exercise

17. Building resilient businesses
Any questions or
comments?
Now, or later to:
Chris Miller email
b4crisis@grapevine.net.au
LinkedIn
https://au.linkedin.com/in/chrismiller
b4crisis

18. Building resilient businesses
International Standard ISO 22301:2012 –
Societal Security - Business Continuity
Management Systems – Requirements
and its related suite of standards for:
terminology (ISO 22300:2012)
exercising (ISO 22398:2013)
business impact analysis (ISO/TS 22317:2015).
Available through the International Standards
Organization http://www.iso.org/iso/home.html