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BCM Institute MTE  Touw June Wah Singapore Business Federation - The National BCM Program in Singapore
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BCM Institute MTE Touw June Wah Singapore Business Federation - The National BCM Program in Singapore

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BCM Institute MTE Series: http://www.worldcontinuitycongress.com/wcc08/mte.html ...

BCM Institute MTE Series: http://www.worldcontinuitycongress.com/wcc08/mte.html

Mr Touw June Wah, Deputy Director, Capacity Building Division of Singapore Business Federation presents the National BCM Program in Singapore during a Meet-The-Experts seminar organised by BCM Institute which aims to Bridge Economic Defence and Civil Defence.

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BCM Institute MTE  Touw June Wah Singapore Business Federation - The National BCM Program in Singapore BCM Institute MTE Touw June Wah Singapore Business Federation - The National BCM Program in Singapore Presentation Transcript

  • Singapore Business Federation Presented by Implemented 1st December 2008 Singapore Business Federation 1
  • AGENDA • What is BCM • The National Business Continuity Programme – Funding Support • Flu Pandemic Business Continuity Programme – Funding Support Singapore Business Federation
  • BCM is short for Business Continuity Management • identifies potential impacts Holistic that threaten an organisation management process Resilience and • safeguards the interests of capacity building • its key stakeholders, framework for • reputation, effective • brand and response • value creating activities. Singapore Standard SS540:2008 Sect 3.4 pg 10 What is BCM ? Singapore Business Federation Singapore Business Federation 3
  • BCM is about Business organisations depend on the continuity of their business operations to meet: Customer Business Financial Regulatory expectations objectives obligations compliance Unplanned interruptions from disasters or crisis events can over time result in serious financial increased erosion of competitive operating costs loss of stock value liquidity problems market Why is BCM Relevant to my Business Singapore Business Federation Singapore Business Federation 4
  • Benefits of Being BCM Ready Protecting Interest Maximising Safeguarding of Shareholders, Regulation & Efficiency , Reputation & Investors, Compliance Minimising Branding Employees & Disruption Customers OPERATIONALLY MORE ROBUST ENTERPRISES THAT ARE CAPABLE OF LEVERAGING ON ENHANCED BUSINESS OPPORTUNITIES INTERNATIONALLY Why is BCM Relevant to my Business Singapore Business Federation Singapore Business Federation 5
  • Benefits of Being BCM Ready Implemented 1st December 2008 Why is BCM Relevant to my Business Singapore Business Federation 6
  • How does BCM apply to my organisation ? Supply Chain Management – Ensuring reliable supplier/vendors, Finance – Ensuring healthy cash flow, Human Resource – Providing Staff Travel Advisory, Plant & Facility – Ensuring serviceability and availability of equipment, Security – Tracking & monitoring of visitors to premises, Information Technology – Ensuring reliability of IT equipments, Corporate Communication – Providing external communication to address the clients, Sales and Marketing – Managing individual client’s expectation Implemented 1st December 2008 Why is BCM Relevant to my Business Singapore Business Federation 7
  • Provision of modular Increase the pool of BCM Financially incentivise Adoption services that allows SMEs to take a “bite-size” adoption approach experts (internal and independent) that can support BCM adoption companies to implement, robust and internationally recognised BCM standards Coverage of Support SMEs or larger companies can apply for support to defray part the cost of obtaining SS 540 certification of up to 70%. Coverage includes - • Salary/training of staff involved in the BCM certification project • Cost of engaging 3rd party consultancy to support SS 540 or equivalent certification • BCM certification cost • IT hardware/ software needed to implement BCM Financial Incentive for Becoming BCM Certified Singapore Business Federation Singapore Business Federation 8
  • Criteria for Organisation SMEs or larger companies can apply for support to defray part the cost of obtaining SS 540 certification of up to 70%. Category 1- SMEs* Small and medium enterprises (SMEs) can get up to 50% subsidy (increased to 70% for 2010, thereafter will depend on a case by case basis) to be certified in the Singapore Standard (SS540) in Business Continuity Management. *( at least 30% shareholding is local, Fixed Assets worth less than 15 millions & staff less than 200 for non manufacturing companies) Financial Incentive for Becoming BCM Certified Singapore Business Federation Singapore Business Federation 9
  • Criteria for Organisation SMEs or larger companies can apply for support to defray part the cost of obtaining SS 540 certification of up to 70%. Category 2- Consortium** Larger businesses forming consortiums with SMEs critical to their businesses can get up to 70% subsidy to be certified. **(Forming consortium with at least 2 local SME suppliers. For bigger consortium, the general guideline will be to have half the group comprises of SMEs.) Financial Incentive for Becoming BCM Certified Singapore Business Federation Singapore Business Federation 10
  • Coverage of Support SMEs or larger companies can apply for support to defray part the cost of obtaining SS 540 certification of up to 70%. Documents Required - a) Company & Business Profile b) 3 years’ of financial audited accounts c) Hardcopy of signed application form d) Quotations and proposals of essential equipments and services. e) A BCM project proposal*** ***BCM Consultancy firms should be able to assist on this Financial Incentive for Becoming BCM Certified Singapore Business Federation Singapore Business Federation 11
  • Processes & Procedures SBF Check for Spring Issues Company Submit Completeness of Spring Receive Letter of Offer Application for Document & Complete Funding to SBF Evaluate Application Application Spring SBF Vet for Company Company Company Company Proceeds Receive Completeness Submit Receive Award BCM With Complete of Document & Claims to Funds Certification Project Application Evaluate Claims SBF Financial Incentive for Becoming BCM Certified Singapore Business Federation Singapore Business Federation 12
  • Flu Pandemic Business Continuity Programme Launched 6th October 2009 Boost the resilience of local enterprises to the threat of major business disruptions from Flu Pandemic Encourage companies to work towards certification Open to all Singapore-registered enterprises 1,000 companies to be subsidized 'flu pandemic prepared' by the end of the year Verification conducted by third-party QMS certification bodies accredited by the Singapore Accreditation Council & appointed by SPRING Cost of verification will be capped at S$2,000 Spring Singapore is subsidising 80 % of the cost The Flu Pandemic Biz Continuity Programme Singapore Business Federation Singapore Business Federation 13
  • Flu Pandemic Business Continuity Programme Launched 6th October 2009 All Singapore-registered enterprises can apply for support* to become verified as flu pandemic ready:  Subsidy support of 80% (of S$2000) for a 2 man-day BCM consultancy to: • assess critical gaps • recommend specific measures in accordance with the Flu Pandemic Business Continuity Guide  Verification services of SAC accredited certification bodies  Upon successful verification, enterprises will be awarded the “Flu Pandemic Preparedness Verification Certificate”. The Flu Pandemic Biz Continuity Programme Singapore Business Federation Singapore Business Federation 14
  • Information about the National BCM & the Flu Pandemic Business Continuity Guide can be found at www.sbf.org.sg To register your interest to leverage on the National BCM Programme or for more info, please contact SBF at: Email: BCM@sbf.org.sg TEL: 6827 6867 For more info on SS 540:2008 Please go to http://www.singaporestandardseshop.sg SBF as the National BCM Centre Singapore Business Federation Singapore Business Federation 15