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What does the future hold for BCM professionals? Charley Newnham MBCI Deborah Higgins MBCI Tweet #Hire2Retire

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Page 1: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

What does the future hold for BCM

professionals?

Charley Newnham MBCIDeborah Higgins MBCI

Tweet #Hire2Retire

Page 2: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

Why?

• Business evolves. We wanted to know what’s changed for Business Continuity Professionals, and what’s likely to change. So we asked you.

• Opportunities change. Career paths most open to us aren’t static. We wanted to know your career desires and the opportunities you have or can create. So we asked you.

• Priorities change. Things become more or less important over time. We wanted to know what work activities you’re prioritising, and what the future trends will be. So we asked you.

What?

We asked you about what the future holds for BCM professionals, and how you’re approaching it. We focussed on gathering global, quantitative information.

About the survey

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Page 3: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

BCI membership

Delivering in-house BCM?

*Not all are 100% BCM, many have wider roles

Average hours per week

Sector

*<4% = responses included in ‘Other’

Gender Age rangeCountry

741responses analysed

Who responded?

UK 40%

USA & Canada 20%

Europe 12%

Australia & New Zealand 10%

Middle East & Africa 8%

Asia 7%

South America 4%

Yes 85%

No 15%Professional Services 27%

Financial & Insurance 24%

Other* 22%

Public service & defence 12%

IT & Communications 9%

Health & Social Care 4%

Female 28%

Male 72%

Below 25 0.3%

26-35 13.8%

36-45 29.0%

46-55 31.0%

56-65 21.2%

Above 65 2.8%

Prefer not to say 1.9%

30 hours or less 5%

31-40 hours 36%

41-50 hours 46%

51-60 hours 11%

Greater than 60 hours 2%

BCI membership noted 62%

BCI membership not noted 38%

Source: BCI/PwC Survey 2016Tweet #Hire2Retire

Page 4: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

78% degree

14% Post-grad

Memberships and qualifications

What academic qualifications have we got?

Source: BCI/PwC Survey 2016

28% Masters

2% PhD

Post-school qualifications by country

• UK: 38% (UK Office of National Statistics, 2013)

• US: 28% (US Census Bureau, 2014)

• Australia: 29% (Australian Bureau of Statistics)

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Page 5: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

62% BCI

11% IT/InfoSec

14% Risk

Management

Memberships and qualifications

8% Emergency

Planning

What other qualifications and memberships have you got?

Source: BCI/PwC Survey 2016

6% Security

What do you want?*

*We didn’t ask about your desired academic qualifications, but we wish we had!

0%5%

10%15%20%25%30%35%

BCI related Risk IT /Information

Security

EmergencyPlanning

Security

Desired memberships and qualifications

66% seeking

more

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Page 6: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

What’s going to become more important?

Source: BCI/PwC Survey 2016

42% Being seen as a BCM expert will

become even more important

Around more ‘traditional’ elements of BCM, who said these will be more important?

37%

48%

56% 55%58%

55%

0%

10%

20%

30%

40%

50%

60%

70%

BCM Exercising BCMplans

Crisis mgtplanning

Exercising crisisplans

IT resilience IT disasterrecovery

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Page 7: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

What might change?

Source: BCI/PwC Survey 2016

62% Expanding

remit beyond “traditional”

BCM

Who said these would become more important to BCM functions and professionals?

46% Defining

operational resilience for

the org

45% Working

closely with Risk Mgt

37% Working

closely with Security

53% Working

closely with InfoSec

42% Working

closely with IT

4% = less important2% = less important

3% = less important2% = less important

2% = less important

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Page 8: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

Your next steps…

Source: BCI/PwC Survey 2016

59%62%

12%16%

21%

0%

10%

20%

30%

40%

50%

60%

70%

Remain withincurrent specialist

function

Remain withincurrent

organisation

Taking on a moreresponsibility in

the samedepartment

Taking on a moreresponsibility

across multipledepartments

Moving into adifferent field

Intentions of those who’ll move roles within 2 years

40% 26-35 year olds

Who wants to change roles

within 2 years?

30% 36-45 year olds

23% 45-55 year olds

21% 55-65 year olds

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Page 9: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

Your career aspirations

Source: BCI/PwC Survey 2016

Responses included:

“Become Global Head of Resilience Team, complete PhD and create own Consultancy”

“Enjoy going to work on a Monday morning”

“Global Business Continuity Manager”

“Securing an Enterprise Risk Management senior position with a global organization.”

“Make enough money to retire as early as possible.”

Moving into a supply chain resilience role

Head the Enterprise Risk Program

Head of Organisational Resilience. Currently this position doesn't exist yet but it will do.

“Securing an Enterprise Risk Management senior position with a global organization.”

“Whilst many people may argue that BC skills are perfectly transferable to other roles... employers don't see it like that.. its pretty impossible for me now to anything else but BCM!”

I would like to become more focused on strategic and resilience planning than reactive BC response planning.

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Page 10: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

Does “resilience” increase our career options?

Source: BCI/PwC Survey 2016

We asked if you the emerging interest in resilience provides increased career options for Business Continuity professionals. Who said yes?

60% 26-35 year olds

54% 36-45 year olds

55% 45-55 year olds

59% 55-65 year olds

67% 65+ year olds

56% say resilience

increases career options for BCM

professionals

Rising to

66% of those who

deliver BCM in-house

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Page 11: What does the future hold for BCM professionals?What does the future hold for BCM professionals? Deborah Higgins MBCI Charley Newnham MBCI Tweet #Hire2Retire Why? • Business evolves

If you would like a copy of the report when issued, to keep in touch, or to talk more about what the results might mean for your or your organisation, please feel free to connect with us on LinkedIn, email us, or find us at the conference or at Rebecca Robinson’s workshop at 14:00.

Can we help?

Deborah Higgins

Connect on LinkedIn [email protected]

Charley Newnham

Connect on LinkedIn or use [email protected]

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