05 January 2004

Board of Directors BCCM Responsibilities...

By Peter L. Higgins

The Board of Directors and Senior Management are responsible for Business Crisis and Continuity Management (BCCM) of the Enterprise. Why is BCCM important to shareholders of the organization? Because done right, it lowers volatility in earnings growth and return on capital. This means that with less uncertainty the organization will improve its risk adjusted valuation in the eyes of regulators, creditors and insurers. A more secure posture in the market place also produces added returns in reputation, competitive advantage, employee safety and shareholder value.

To find out more about the Critical Factors in Business Crisis and Continuity Management visit Count Down from Six, a webinar for executives and board directors.

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