Five Key Considerations when Setting your MBCO

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A well established minimum business continuity objective (MBCO) will set the tone and direction for the Business Continuity Management System (BCMS) programme. Hence, crafting a MBCO is the most fundamental step in addressing the business goals, objectives and needs. During the webinar, our Senior Consultant, Mr Peck Eing Seng, MBCI, discussed the importance of setting fit-for-purpose MBCO.

Business

3© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
Minimum Business Continuity Objective (MBCO)
“minimum level of services and/or products that
• Is acceptable to the organization
• To achieve its business objectives
During a disruption”
Clause 3.28 ISO22301:2012

4© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
Elements of BCM
Operational
Planning and
Control
Operational
Planning and
Control
Business Impact Analysis
and Risk Assessment
Exercising and
Testing
Establish and Implement
Business Continuity
Procedures
Business
Continuity Strategy
Business Impact Analysis
and Risk Assessment
An important component in the
Business Impact Analysis (BIA)
An important component in the
Business Impact Analysis (BIA)

5© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
Types of MBCO
Organisation
MBCO
Business
unit
MBCO
Business
unit
MBCO
Business unit MBCO is set by
the Business unit
coordinator
Organisation MBCO is set by
the Senior Management
Top DownTop Down
Bottom upBottom up

6© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
Key requirements to define MBCO
Legal, Regulatory or
contractual requirements
Industry practices
Organisation mission,
policies, business
strategies
MBCOMBCO
MBCO can be a
combination of the above
Legal &
Regulatory
Requirements
Products
Services
Work Volume
Customer Base

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Pass
Fail
MBCO
ISO 22301 Certification main requirement

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SettingMBCO
5 Key Considerations

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pecificS
Knowing precisely
What is required
1Example
• To continue to maintain and support X and Y systems for
tier 1 customers

10© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
2
easurableM
Be able to substantiate
And justify
Example
• To manufacture XYX products to meet at least
60% of the production capabilities.

11© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
3
chievableA
Balance resources
With expectations

12© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
4
ealisticR
Distill your intention

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5
imelyT
Set deadlines
And keep to them
Example
• To continue to support and fulfil 50% of x service by 3 days.

14© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
Conclusion
Specific Measurable Achievable Realistic Timely
S M TRA

15© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com
Visit www.bcpasia.com
Mainline: (65) 63252080
Email: enquiry@bcpasia.com
BUSINESS CONTINUITY
PLANNING ASIA PTE LTD
Founded in Year 2000
First consulting company to
achieve certification in ISO 22301
The market leader in
Business Continuity Management &
Enterprise Risk Management in Asia
CONSULTANCY TRAINING
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Five Key Considerations when Setting your MBCO

1. 1© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com© Copyright 2017 Business Continuity Planning Asia Pte Ltd Date: 07/06/2017 Webinar 5 Key Considerations when setting your MBCO Facilitated By: Peck Eing Seng, MBCI, Senior Consultant

3. 3© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com Minimum Business Continuity Objective (MBCO) “minimum level of services and/or products that • Is acceptable to the organization • To achieve its business objectives During a disruption” Clause 3.28 ISO22301:2012

4. 4© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com Elements of BCM Operational Planning and Control Operational Planning and Control Business Impact Analysis and Risk Assessment Exercising and Testing Establish and Implement Business Continuity Procedures Business Continuity Strategy Business Impact Analysis and Risk Assessment An important component in the Business Impact Analysis (BIA) An important component in the Business Impact Analysis (BIA)

5. 5© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com Types of MBCO Organisation MBCO Business unit MBCO Business unit MBCO Business unit MBCO is set by the Business unit coordinator Organisation MBCO is set by the Senior Management Top DownTop Down Bottom upBottom up

6. 6© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com Key requirements to define MBCO Legal, Regulatory or contractual requirements Industry practices Organisation mission, policies, business strategies MBCOMBCO MBCO can be a combination of the above Legal & Regulatory Requirements Products Services Work Volume Customer Base

9. 9© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com pecificS Knowing precisely What is required 1Example • To continue to maintain and support X and Y systems for tier 1 customers

10. 10© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com 2 easurableM Be able to substantiate And justify Example • To manufacture XYX products to meet at least 60% of the production capabilities.

15. 15© Copyright 2017 Business Continuity Planning Asia Pte Ltd www.bcpasia.com Visit www.bcpasia.com Mainline: (65) 63252080 Email: enquiry@bcpasia.com BUSINESS CONTINUITY PLANNING ASIA PTE LTD Founded in Year 2000 First consulting company to achieve certification in ISO 22301 The market leader in Business Continuity Management & Enterprise Risk Management in Asia CONSULTANCY TRAINING INTERNAL AUDIT SOFTWARE

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