Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
01 National BCM Program
1. National BCM Focal Point Resilience is the winning formula for your Organisation Implemented 1st December 2008 Singapore Business Federation
2. Agenda : 1. BCM for Industries - Singapore, A trusted Global Asia Hub - Building Resilience Capability 2. Overview of National BCM Programme - Background - Online Resource Library BCM for Enterprises - Why is BCM important? - Supports Implemented 1st December 2008
3. BCM for Industries Singapore rank 1st globally in… Open economy brings in business opportunities but also business risks.
4. BCM for Industries World Class Biomedical Science Hub World Best Airport World Busiest Seaport World Class Tourism Hub
17. Marine Industries Singapore Marine is one of the key important player. #1 globally in Floating Production Storage Offloading (FPSO) conversion 70% world market share 70% of jack-ups 60% of semi-subs 20% of ship repairs 20% of OSVs & AHTs Largest Asia Pac mfg location for O&G equipment
19. Overview – The National BCM programme Business Continuity Management is about : It’s a systematic and integrated approach that allow the organisation the ability to proactively prepare, respond and recover from all form of disruptions that may affects indefinitely to your business operations. Implemented 1st December 2008 Singapore Business Federation
20. Overview – The National BCM programme 7th November 2008 Deputy Prime Minister Jayakumar “.. the Government views corporate resilience as a national priority.. Singapore’s fortunes and continued progress is tied to a safe and secure environment….. ……to enhance corporate resilience in Singapore, selected Government orpublic agencies will consider tenderers' level of BCM-readiness as part of the procurement process.This will encourage companies supplying essential services to Government to adopt BCM measures. It will also provide the government with an added level of confidence that essential services would not be disrupted. In the longer term, we will look at moving towards preferring suppliers of essential services which are BCM-ready during our procurements. SPRING Launches BCM Standard SS540 on 31 Oct 2008. National BCM Focal Point Implemented 1st December 2008 Source-Spring Singapore: www.spring.gov.sg Singapore Business Federation
37. Attract more business opportunitiies Implemented 1st December 2008 Singapore Business Federation
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39. Company revenue loss during disruption = S$7.69 millionImplemented 1st December 2008 Singapore Business Federation
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41. Business ROI improved by = S$3.845 million plus opportunity costImplemented 1st December 2008 Singapore Business Federation
42. BCM for Enterprises Typical BCM Road Map for Enterprises Risk Analysis & Impact analysis Setup BCM Develop BCM strategy & Plan Simulate & exercise Certification & maintenance
43. BCM for Enterprises Capital($) $7,500 to $10,000 After defraying the cost by (up to 70% as of 2010) by SBF + SPRING Typical Timeline of 4 months to 8 months Time Line 3rd Party BCM Consultant A good BCM consultant to guide the process Project Team(Dedicated) Project Leaders & support from Managers from all departments Management Support Resource Involvement
44. BCM + BizSAFE level 3 BCM SS 540 Certification bizSAFELvl 3 BCM Certified & bizSAFE Lvl3 Supports BCM’s Risk Analysis & review Helps in formulating the RM Plan. Companies implement the RM programme and are assessed by approved independent auditor BCM Certification Provide assurance that the preparedness, response and continuity management is in place and that companies are able to continue delivering their key products and services even during a disaster, and survive thereafter. Outcome
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46. IT hardware/ software needed to implement BCMImplemented 1st December 2008
47. Criteria for Enterprises SMEs or larger companies can apply for support to defray part the cost of obtaining SS 540 certification of up to 70% (for 2011) Category 1- SMEs* Small and medium enterprises (SMEs) can get up to 50% subsidy to be certified in the Singapore Standard (SS540) in Business Continuity Management. *( at least 30% shareholding is local, Group turnover not more than $100million or Group staff less than 200) 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 business partners/suppliers. For bigger consortium, the general guideline will be to have half the group comprises of SMEs.) Implemented 1st December 2008
48. “ The SARS Pandemic in 2003 had set us thinking deeply on how we could continue to be in business if something suddenly hit us. We need a structure and procedures that enable us to recover our business systematically while we are still addressing the disaster. It is not easy to embark on Business Continuity Management journey. But, it is not insurmountable. With our perseverance, professional help from the consultants and funding from SPRING Singapore, we were certified to SS540 in Q4 2009.’ Teckwah Industrial Corp Ltd “Being certified to SS540 will not bring immediate growth to our business. But we are better prepared in time of disaster. And eventually, this will enhance the confidence our customers have in us and entrust us to provide more solutions for them”, Mr. Thomas Chua, Chairman & Managing Director, Teckwah Industrial Corp Ltd. Since its inception in 1968, Teckwah has evolved from a producer of plain paper boxes to a group of companies providing a wide range of turnkey services and products unique to the industry. Today, with manufacturing plants in Singapore, Malaysia, Indonesia, China, Taiwan, Thailand, Korea and Australia, Teckwah is in a position to offer its clients cost-effective solutions to suit their individual requirements. Implemented 1st December 2008
49. Just R Transport Enterprise “The BCM SS540 standard provides guidelines for us SMEs to keep our businesses going ahead full-steam. Achieving BCM certification helps companies like us set up procedures for making proper and sound decisions. The methodologies instilled also apply in other aspects of our business operations and planning. I strongly encourage all SMEs to come forward, adopt the BCM SS540 and experience the benefits that being certified can provide.” Managing Director, Mr. Gunasegeran Implemented 1st December 2008
50. Information about the National BCM & the Flu Pandemic Business Continuity Guide can be found at www.bcm.org.sg please contact SBF at: Email: BCM@sbf.org.sg TEL: 6827 6828 For more info on SS 540:2008 Please go to http://www.singaporestandardseshop.sg Implemented 1st December 2008
