Cambridge Risk Solutions
My presentation at the BCI World Conference and Exhibition is based on PhD research conducted at Nottingham University Business School, and attempts to understand these differing attitudes towards BCM in a more formal way. The starting point of the study is the observation, based on data provided by the BCI in 2011, that only 70 firms in the FTSE 350 actually employed a member of the BCI at that time. The research then goes on to explore the relationship between various observable characteristics of these large publicly quoted companies and the likelihood of them employing BCI members. A broad range of possible drivers are identified from reviewing previous work on risk management and from specific consideration of the aims and objectives of BCM.
The main finding is that, at least within these large UK companies, the employment of BCI members appears to be primarily driven by the expectations and demands of external stakeholders such as lenders and regulators. I’m not sure how much this insight helps me in targeting our marketing efforts more effectively, but it has certainly helped to make sense of some of the patterns that we have observed over the years and I look forward to sharing more insights with you in November.
Patrick will be discussing this issue further in his Practitioner Presentation at the BCM World Conference and Exhibition. The Practitioner Presentations are part of the seminar programme at the free exhibition.
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