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.