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Volume 32, Issue 2

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Tuesday, 21 April 2009 20:15

BCM Education in Context

Written by  AL BERMAN, CBCP, MBCI

There has been a great deal of discussion in the last few years as to the value of business continuity management (BCM) in an academic setting. The discussion taken in isolation would make it appear that there are only two options:Take BCM education at an institution of higher learning Take BCM education at a training or professional organizationThe academic alternative provides a means to receive a degree or certificate from a recognized institution of higher learning. The institution provides the ability to incorporate BCM into a larger context. BCM can be incorporated into a risk management curriculum with an emphasis on operational and enterprise risk. This provides for greater inspection of quantifiable effects and preventative measures that may provide the basis for return on investment (ROI) analysis. Additionally, there is the possibility of examining full risk transfer in the context of insurance (business interruption, contingent business interruption, extra expense, etc. insurance