Big picture – long picture: the value of horizon scanning
- Published on Wednesday, January 16, 2013
- Written by Web Editor
How can you ensure that your BCM programme and resources are allocated in a way proportionate to the current and potential threats that the company is and will be facing?
That’s a real question one of our members faced last year from her senior management team. While some folk will be frustrated at the threat-oriented starting point of the question, it is not an uncommon one as many practitioners will confirm. While ‘risk assessment through threat evaluation’ may provide some assistance with the question posed above, horizon scanning potentially provides a framework to build out the situational picture. It also provides an opportunity for a proactive stance by practitioners.