Singapore Business Federation (SBF) launches BCM Ambassadors Programme and promotes new Singapore Standard ISO 22301
- As National BCM Focal Point, SBF:
- Appoints six companies as the first BCM Ambassadors
- Recognises 20 Singapore companies at the 3rd Business Continuity Management (BCM) Awards
- Companies strongly encouraged to adopt the new Singapore Standard ISO 22301 for increased global standing
24 January 2013 [Singapore] – 20 private sector companies were recognised this morning for their commitment towards building business resilience at the Business Continuity Management Awards 2013.
An initiative of the Singapore Business Federation (SBF) and supported by SPRING Singapore, the awards serve to recognise recipients for their ability to instill consumer confidence and their contribution towards Singapore's reputation for reliable and quality goods and services. This is the third time the awards are being given out since 2010.
These enterprises were selected from a pool of 154 companies undergoing certification, and have successfully adopted BCM standards in their organisations.
An award recipient, Mr Michael Lim, Director (Human Resource & Corporate Services) of Singex Venues said: “Singex is delighted to be receiving the award as a BCM certified company. Being BCM-ready greatly enhances our operational excellence, and is a useful framework to drive awareness throughout the organisation. We were also assisted by the BCM funding, which the SBF had worked hard at promoting, further easing our journey towards certification.”
In agreement, award recipient Mr Tay Ter Long, Executive Director of Langdon & Seah Pte Ltd said: “We are honored and privileged to receive this prestigious award, being one of the pioneers in our Built Environment Industry to embrace BCM. This award recognises yet another milestone in our journey of excellence. Through the co-funding provided by SBF, our cost of implementing BCM is significantly reduced for the various aspects of BCP such as; training, purchase of IT hardware and software, etc. With BCM, our clients are assured of Langdon & Seah’s delivery of service, even in times of crisis.”
Mr Victor Tay, Chief Operating Officer, SBF remarked: “"Since our appointment as the National BCM Focal Point in 2008, SBF has initiated a momentum of BCM adoption amongst business community beyond mere awareness building. We have seen an increase in local companies and value-chain consortia strengthening their resilience over the years. The success has gone beyond local shores as the Ministry of Foreign Affairs has invited SBF to organise an APEC workshop on BCM. There has been much interest from many countries in emulating the Singapore BCM model, and we look forward to strengthening Singapore's reputation not merely as a trusted hub, but also one that is recognised as a global brand with resilient and internationally competitive companies."
At the awards, SBF also launched the BCM Ambassador programmme and appointed its first batch of BCM Ambassadors. The programme was initiated to help showcase, build capabilities and advise aspiring SMEs on the route to resilience especially at the backdrop of an increasingly uncertain economy.
The six ambassador companies comprise businesses which have demonstrated commitment and leadership in promoting BCM adoption within their respective industries. As experienced BCM practitioners, they will share the experiences gained throughout their BCM journey and encourage other businesses to build up this critical capability.
Commenting on his appointment, Mr Roy Tan, Executive Manager of Aik Moh Paints & Chemicals said: "It is a great honor for Aik Moh to be appointed as one of the BCM Ambassadors. We believe that in today's operating environment, it is not possible to do BCM alone. Sharing of experiences, ideas and knowledge, and learning from others have made our BCM more viable, practical and complete. To insure ourselves against any potential risks, we must be prepared at both the national and enterprise levels."
SPRING support for organisations to be BCM-ready
Companies that are keen put in place a robust BCM system are strongly encouraged to adopt the new Singapore Standard ISO 22301. Published in November last year, the standard provides a framework to help organisations prepare for, respond to and recover from disruptive incidents. The standard is suitable for use by all organisations, regardless of their size or activity, in the public, private and not-for-profit sectors.
Companies may apply for funding under the National Business Continuity Management Programme, a $30 million initiative launched in 2008 to encourage organisations in the private sector to build up their business resilience. SPRING Singapore provides support to help companies be BCM-ready by defraying part of the costs involved.
“The financial and reputational implications of a business disruption can be very serious. BCM helps companies build up their resilience to handle events that pose a threat to their businesses. Having in place BCM measures enables companies to recover faster in times of crisis, thus minimising losses. Good crisis management also enhances a company’s reputation as a reliable partner. This helps them to secure business opportunities and, in turn, fuel their growth,” said Mr Steven Tan, Group Director (Quality & Standards), SPRING Singapore.
SBF has been working closely with SPRING Singapore as well as industry partners to increase BCM awareness within the business community. To-date, the Federation has organised over 140 BCM events benefitting more than 9,600 enterprises.