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Business Continuity Management Series: Ensuring Continuity: BCM Best Practices for Frasers Property
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[BCM] [FP] [C12-2] [MBCO] MBCO for Customer Relationship Management

This eBook, Ensuring Continuity: BCM Best Practices for Frasers Property, is a comprehensive guide to implementing Business Continuity Management (BCM) within the context of Frasers Property’s operations.

Customer Relationship Management (CRM) is a strategic function at Frasers Property designed to foster long-term customer relationships, enhance satisfaction, and drive loyalty.


The MBCO defines the minimum acceptable level of services Frazers Property must sustain during a disruption to meet core business objectives.

 This chapter aims to define the minimum acceptable level of CRM services required to sustain customer trust, operational continuity, and regulatory compliance during an incident, emergency, or disaster.

Dr Goh Moh Heng
Business Continuity Certified Planner-Specialist-Expert

Chapter 12-2 MBCO: Minimum Business Continuity Objective for “Customer Relationship Management”

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Customer Relationship Management (CRM) is a strategic function at Frasers Property designed to foster long-term customer relationships, enhance satisfaction, and drive loyalty.

The MBCO defines the minimum acceptable level of services Frazers Property must sustain during a disruption to meet core business objectives.

Below is the structured MBCO for the “Customer Relationship Management” function:

 

1. Critical Business Functions & MBCO for Customer Relationship Management

Purpose

 To define the minimum acceptable level of CRM services required to sustain customer trust, operational continuity, and regulatory compliance during an incident, emergency, or disaster.

 

Critical CRM Functions & MBCO Statements

 

Critical Business Function
MBCO Statement
RTO
RPO
Customer Data Management Maintain access to critical customer data (e.g., contact details, transaction history, service agreements). ≤4 hrs ≤1 hr
Communication Channels Restore customer-facing channels (email, phone, customer portal) to 90% availability. ≤2 hrs N/A
Service Requests & Resolution Prioritise resolution of urgent customer issues (e.g., maintenance requests, safety concerns). ≤2 hrs N/A
Transaction Processing Ensure essential transactions (e.g., lease agreements, payment processing) are functional. ≤4 hrs ≤15 min
Customer Support Operate core support channels (helpdesk, live chat) at 50% capacity for critical inquiries. ≤6 hrs N/A
Compliance & Data Security Maintain GDPR/PDPA compliance for customer data, even in degraded systems. Immediate N/A

2. Key Dependencies

  • IT Infrastructure: Backup servers/cloud systems for CRM databases.

  • Staff Availability: Cross-trained employees to manage critical CRM tasks remotely.

  • Third-Party Services: SLAs with cloud providers (e.g., AWS, Microsoft Azure) for rapid failover.

  • Communication Tools: Redundant VoIP systems and customer portal hosting.

3. Assumptions & Constraints

  • Assumptions:

    • Backup power and remote work capabilities are available for staff.

    • Critical customer data is encrypted and stored off-site/in the cloud.

  • Constraints:

    • Limited CRM functionality during the initial recovery phase (e.g., no analytics/reporting).

    • Reduced staff capacity may delay non-urgent requests.

4. MBCO Summary

Frasers Property’s CRM MBCO ensures:

  • Customer data integrity and accessibility within 4 hours.

  • Urgent service requests are resolved within 2 hours.

  • Core communication channels were restored within 2 hours.

  • Compliance with data protection laws at all times.

5. Validation & Monitoring

  • Testing: Biannual drills simulating CRM system failures.

  • KPIs: Measure RTO/RPO adherence, customer complaint rates, and transaction success during recovery.

  • Updates: Revise MBCO annually or after significant CRM system changes.

Summing Up …

This MBCO ensures Frasers Property maintains customer trust, operational resilience, and regulatory compliance during disruptions while balancing resource limitations.

 

Ensuring Continuity: BCM Best Practices for Frasers Property
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More Information About Business Continuity Management Courses

 

To learn more about the course and schedule, click the buttons below for the  BCM-300 Business Continuity Management Implementer [BCM-3] and the BCM-5000 Business Continuity Management Expert Implementer [BCM-5].

 

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