Businesses are operating in a world full of risk and uncertainty, yet the identification and management of risk is still often poorly understood. Most companies will survive if they ensure risk management is central to their business ethos and updated regularly, in line with their business plan and mission.
BCM is an holistic management process that identifies potential impacts that threaten an organisation and provides a framework for building resilience and the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value creating activities (Business Continuity Institute (BCI), 2009).
Business continuity management is a whole-of-business approach that includes policies, standards, and procedures for ensuring that specified operations can be maintained or recovered in a timely fashion in the event of a disruption (Bank For International Settlement (Basel), 2005).
- Major Incident Planning
- Disaster Planning
- Emergency Planning
- Disaster Recovery and Business Continuity Planning
The recovery of the business processes needed to maintain an acceptable level of operations in the event of significant interruptions to normal business.
example BCM framework
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Business Continuity Management
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Business Continuity Management
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