IDEAS home Printed from https://ideas.repec.org/a/aza/jbcep0/y2018v11i3p216-222.html
   My bibliography  Save this article

The true value and return on investment of business continuity

Author

Listed:
  • Phelps, Regina

    (EMS Solutions Inc., USA)

Abstract

The phrase return on investment (ROI) is commonly heard when groups or organisations attempt to demonstrate the value of a particular activity. ‘Is it good for us?’, ‘Is it worth the investment?’ and ‘Should we continue to fund the endeavour?’ are all valid and important questions. The challenge for business continuity professionals is to address the question, ‘What is the ROI of business continuity?’ in ways that will be meaningful to the person wielding the budget stick. In the ‘olden days’, colleagues would point to their business impact analysis, with pie charts and bar graphs showing the cost of business downtime if an event occurred. They would sit back and say, ‘See? We provide ROI because we addressed The Bad Thing!’. But is that really the best that continuity professionals can do? This paper peels back the question of ROI and addresses the value proposition of business continuity. The goal is to broaden the conversation, by instead of talking about how much money business continuity efforts will save the company, and instead to focus on the value that business continuity provides every day.

Suggested Citation

  • Phelps, Regina, 2018. "The true value and return on investment of business continuity," Journal of Business Continuity & Emergency Planning, Henry Stewart Publications, vol. 11(3), pages 216-222, March.
  • Handle: RePEc:aza:jbcep0:y:2018:v:11:i:3:p:216-222
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/2818/download/
    Download Restriction: Requires a paid subscription for full access.

    File URL: https://hstalks.com/article/2818/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    business continuity; crisis management; business continuity governance; return-on-investment; value-on-investment;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jbcep0:y:2018:v:11:i:3:p:216-222. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.