Advantages and Disadvantages of Business Continuity Management
In current global economics the application of Business Continuity Management is the prerequisite for sustainable competitive advantage in an organization. Business Continuity Management is a managerial which identifies the potential impact of losses in an organization. The aim of this paper is to identify and critically evaluate the relative advantages and disadvantages of deploying Business Continuity Management in an organization on the basis of seven criteria. The strongest advantage of Business Continuity Management is in its capacity to identify a crisis situation and help the organization to flexibly and also to keep the critical knowledge within the organization. By contrast the main disadvantage is that establishing Business Continuity Management in an organization is time-consuming and its implementation as an integral part of the organizational culture present significant difficulties.
1] P. Banfield, R. Kay, Introduction to human resource management. 1st
Edition. New York: Oxford University Press, 2008, pp. 367.
[2] H. Beazley, J. Boenisch, D. Harden, Continuity Management:
Preserving Corporate Knowledge and Productivity When Employees
Leave, New York: John Wiley & Sons, 2002.
[3] F. B─ølohl├ívek, Jak vést rozhovory s podř├¡zen├¢mi pracovn├¡ky. How to
conduct interviews with junior employees] 1st Edition. Praha: Grada.
pp.136, 2009.
[4] RAC BCMS, Zaveden├¡ systému ř├¡zen├¡ kontinuity ─ìinnost├¡ Introduction
of systems for the management of continuity activities] Risk Analysis
Consultants (online). (cit. 2012-11-10). Accessible at:
http://www.bcms.cz/.
[5] M. Blyth, Business continuity management: building an effective
incident management plan. Hoboken, NJ: J. Wiley, 2009, pp. 362.
[6] KPMG, Information Security and Business Continuity: When Business
is Not as Usual!, KPMG, Sharjah, 2006.
[7] R. L. Tammineedi, "Business Continuity Management: A Standards-
Based Approach", Information Security Journal: A Global Perspective,
vol. 19, no. 1, pp 36 - 50, 2010.
[8] K. Roebuck, Business continuity and disaster recovery. UK: Lightning
Source UK Ltd., 2011.
[9] D. Kaye, Managing risk and resilience in the supply chain. UK:
Business Information, British Standard Institution, 2008.
[10] D. Elliott, E. Swartz, and B. Herbane, Business Continuity Management:
A Crisis Management Approach. London: Routledge, 2002.
[11] J. Graham, and D. Kaye, A Risk Management Approach to Business
Continuity, USA: Bookfield. 2006.
[12] B. Herbane, "The evolution of business continuity management: A
historical review of practices and drives." Business history, vol. 52,
no.6, pp. 978-1002, 2010.
[13] A. Hiles, The Definitive Handbook of Business Continuity
Management.Second Edition. Hoboken, NY: John Willey & Sons, 2007.
[14] P. Massingham, "Knowledge risk management: a framework", Journal
of Knowledge Management, vol. 14, no. 3, pp. 464-485, 1997.
[15] A. Garcia, "Business Continuity Best Practices", eWeek. vol. 25, no. 33,
pp. 32-40, 2008.
[16] K. Randeree, K., A. Mahal, and A. Narwani, "A business continuity
management maturity model for the UAE banking sector", Business
Process Management Journal, vol. 18, no. 3, pp. 472 - 492, 2012.
[17] M. Pitt, and S. Goyal, "Business continuity planning as a facilities
management tool", Facilities, vol. 22, no. 3, pp. 87 - 99, 2004.
[18] B. M├╝nstermann, A. Eckhardt, and T. Weitzel, ÔÇ×The performance impact
of business process standardization: An empiric evaluation of the
recruitment process", Business Process Management Journal, vol. 16,
no. 1, 2010.
[19] S. P. Low, J. Liu, and S. Sio, "Business continuity management in large
construction companies in Singapore," Disaster Prevention and
Management, vol. 19, no. 2, pp. 219 - 232, 2010.
[20] F. Arduini, and V. Morabito, "Business Continuity and the Banking
Industry", Communications of the ACM, vol. 53, no. 3, 2010.
[21] N. W. Wong, "Journal of Business Continuity & Emergency Planning"
Henry Stewart Publications, vol. 4, no. 1, pp. 62-68, 2009.
[22] J. Burtles, J, Principles and Practice of Business Continuity, Tools and
Techniques. Rothstein Associates Inc., USA: Rothstein Associates Inc.,
2007. ISBN 978-1-931332-39-2.
[23] Business Continuity Institute, Business Continuity Management
Legislations, Regulations and Standards, Business Continuity Institute,
UK, available at: http://www.bcifiles.com/LRSG.pdf.
[24] L. Mohan, and S. Rai, "Business continuity model: a reality check for
banks in India", Journal of Internet Banking and Commerce, vol. 11, no.
2, 2006.
[25] V. V├íňa, ÔÇ×V├¢znam certifikace dle ISO/IEC 200000 pro obchod s ICT
službami The importance of certification focused on business in the
area of ICT services according to ISO/IEC 200000]" in Proc. 5th Annual
International Conference Systems Integration 2007, Prague, 2007, pp. 19
- 27.
1] P. Banfield, R. Kay, Introduction to human resource management. 1st
Edition. New York: Oxford University Press, 2008, pp. 367.
[2] H. Beazley, J. Boenisch, D. Harden, Continuity Management:
Preserving Corporate Knowledge and Productivity When Employees
Leave, New York: John Wiley & Sons, 2002.
[3] F. B─ølohl├ívek, Jak vést rozhovory s podř├¡zen├¢mi pracovn├¡ky. How to
conduct interviews with junior employees] 1st Edition. Praha: Grada.
pp.136, 2009.
[4] RAC BCMS, Zaveden├¡ systému ř├¡zen├¡ kontinuity ─ìinnost├¡ Introduction
of systems for the management of continuity activities] Risk Analysis
Consultants (online). (cit. 2012-11-10). Accessible at:
http://www.bcms.cz/.
[5] M. Blyth, Business continuity management: building an effective
incident management plan. Hoboken, NJ: J. Wiley, 2009, pp. 362.
[6] KPMG, Information Security and Business Continuity: When Business
is Not as Usual!, KPMG, Sharjah, 2006.
[7] R. L. Tammineedi, "Business Continuity Management: A Standards-
Based Approach", Information Security Journal: A Global Perspective,
vol. 19, no. 1, pp 36 - 50, 2010.
[8] K. Roebuck, Business continuity and disaster recovery. UK: Lightning
Source UK Ltd., 2011.
[9] D. Kaye, Managing risk and resilience in the supply chain. UK:
Business Information, British Standard Institution, 2008.
[10] D. Elliott, E. Swartz, and B. Herbane, Business Continuity Management:
A Crisis Management Approach. London: Routledge, 2002.
[11] J. Graham, and D. Kaye, A Risk Management Approach to Business
Continuity, USA: Bookfield. 2006.
[12] B. Herbane, "The evolution of business continuity management: A
historical review of practices and drives." Business history, vol. 52,
no.6, pp. 978-1002, 2010.
[13] A. Hiles, The Definitive Handbook of Business Continuity
Management.Second Edition. Hoboken, NY: John Willey & Sons, 2007.
[14] P. Massingham, "Knowledge risk management: a framework", Journal
of Knowledge Management, vol. 14, no. 3, pp. 464-485, 1997.
[15] A. Garcia, "Business Continuity Best Practices", eWeek. vol. 25, no. 33,
pp. 32-40, 2008.
[16] K. Randeree, K., A. Mahal, and A. Narwani, "A business continuity
management maturity model for the UAE banking sector", Business
Process Management Journal, vol. 18, no. 3, pp. 472 - 492, 2012.
[17] M. Pitt, and S. Goyal, "Business continuity planning as a facilities
management tool", Facilities, vol. 22, no. 3, pp. 87 - 99, 2004.
[18] B. M├╝nstermann, A. Eckhardt, and T. Weitzel, ÔÇ×The performance impact
of business process standardization: An empiric evaluation of the
recruitment process", Business Process Management Journal, vol. 16,
no. 1, 2010.
[19] S. P. Low, J. Liu, and S. Sio, "Business continuity management in large
construction companies in Singapore," Disaster Prevention and
Management, vol. 19, no. 2, pp. 219 - 232, 2010.
[20] F. Arduini, and V. Morabito, "Business Continuity and the Banking
Industry", Communications of the ACM, vol. 53, no. 3, 2010.
[21] N. W. Wong, "Journal of Business Continuity & Emergency Planning"
Henry Stewart Publications, vol. 4, no. 1, pp. 62-68, 2009.
[22] J. Burtles, J, Principles and Practice of Business Continuity, Tools and
Techniques. Rothstein Associates Inc., USA: Rothstein Associates Inc.,
2007. ISBN 978-1-931332-39-2.
[23] Business Continuity Institute, Business Continuity Management
Legislations, Regulations and Standards, Business Continuity Institute,
UK, available at: http://www.bcifiles.com/LRSG.pdf.
[24] L. Mohan, and S. Rai, "Business continuity model: a reality check for
banks in India", Journal of Internet Banking and Commerce, vol. 11, no.
2, 2006.
[25] V. V├íňa, ÔÇ×V├¢znam certifikace dle ISO/IEC 200000 pro obchod s ICT
službami The importance of certification focused on business in the
area of ICT services according to ISO/IEC 200000]" in Proc. 5th Annual
International Conference Systems Integration 2007, Prague, 2007, pp. 19
- 27.
@article{"International Journal of Business, Human and Social Sciences:54469", author = "K. Venclova and H. Urbancova and H. Vostra Vydrova", title = "Advantages and Disadvantages of Business Continuity Management", abstract = "In current global economics the application of Business Continuity Management is the prerequisite for sustainable competitive advantage in an organization. Business Continuity Management is a managerial which identifies the potential impact of losses in an organization. The aim of this paper is to identify and critically evaluate the relative advantages and disadvantages of deploying Business Continuity Management in an organization on the basis of seven criteria. The strongest advantage of Business Continuity Management is in its capacity to identify a crisis situation and help the organization to flexibly and also to keep the critical knowledge within the organization. By contrast the main disadvantage is that establishing Business Continuity Management in an organization is time-consuming and its implementation as an integral part of the organizational culture present significant difficulties.
", keywords = "Business continuity management, criteria,
advantages, disadvantages, organisations, survey.", volume = "7", number = "4", pages = "899-5", }
