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Volume 31, Issue 1

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Friday, 16 February 2018 15:44

Standard Time: The Best Time to Choose a Business Continuity Standard Is Right Now

If I told you about something you could do that would swiftly vault your organization into the ranks of the elite, in terms of your business continuity management program, would you do it? Would you at least be interested in learning more about it?

There is such a step you can take, and it’s so easy, inexpensive, and helpful in terms of the direction it can give your BC program that I’m always amazed that more companies don’t do it. In fact, I would say that fewer than 10 percent of the organizations have implemented this measure, based on the informal surveys I conduct when I speak at business continuity events around the country.

What is the step I am talking about? Adopting a business continuity standard for your organization.

Now, when I say it is easy to adopt a standard I am not saying that coming into compliance with one is necessarily a piece of cake. Some standards are tougher than others to align with and some are very hard to meet indeed (here’s looking at you, FFIEC—and if you don’t know what I mean by “FFIEC” keep reading).