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Volume 27, Issue 4

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Wednesday, 09 October 2013 13:53

The return on investment of a BCM programme

Rainer Hübert
HiSolutions AG

When will the investment for a BCM programme pay off? Most people think that the only correct answer is when a damage scenario has taken place. Hopefully then an effective BCM programme will reduce an otherwise much more costly, or even possibly fatal financial impact to a bearable amount. Then, and only then, will the investment in BCM be paid off – just like insurance policy.

In our finance driven business world however, investment in BCM needs to be justified in financial terms, unless a BCM programme is forced upon an organization by its clients or by regulatory authorities.

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http://thebceye.blogspot.com/2013/10/the-return-on-investment-of-bcm.html