National Business Continuity Management

Official Website: www.bcm.org.sg
Facebook: www.facebook.com/NationalBCM

Business Continuity Management (BCM) is a holistic management process which helps to assess, plan and strengthn the resilience of your value chain. BCM is a tool that enables organisations to identify potential threats and thus provides a framework for your organisation to build up its resilience and capabilities for an effective response. The aim is to safeguard the value-creation and reputation of the business as well as the interests of stakeholders.

The National Business Continuity Management (BCM) Programme was announced in November 2008 and became effective on 1 December 2008. This $30 million initiative over five years aims to engage the private sector in building economic resillience and competitiveness through the attainment of BCM certification (Based on Singapore Standard SS540:2008 or equivalent).

The government will be providing financial incentives to defray the cost of BCM-adoption to encourage more companies or SMEs to be BCM-ready. A BCM-ready private sector will help enhance SIngapore's reputation as a Trusted Hub for reliable and quality service.

Singapore Business Federation (SBF) has been appointed as the BCM Focal Point for businesses in this national initiative. In this capacity, SBF seeks to:

- Raise the awareness of the importance of BCM to businesses
- Widen BCM standard implementation by the business community
- Make BCM more accessible to the business community
- Support our enterprises' efforts to become BCM certified

SBF will work closely with their members from the trade associations and chambers as well as SPRING and other industry partners to help more Singapore-based companies and SMEs to be better informed about BCM, leading to BCM readiness and SS540 certification.

SBF strongly supports enterprises' efforts to become BCM certified, advise them on BCM adoption and help SMEs in particular, in the processing of their incentive applications. SBF is organising a series of events and workshop to encourage and enable more Singapore-based companies and SMEs to augment the robustness of their operation through BCM adoption.

Category:

Nonprofits & Activism

Tags:

• national
• business
• continuity
• management
• Singapore
• SS540
• SS540:2008
• BS25999
• SBF
• Federation