Business Continuity Management
Plan to stay in business
What are the costs?
How quickly your company can get back to business after a flood, fire or terrorist attack depends on emergency planning done today. Business Continuity can be complex, depending on the particular industry, size and scope of your business. However, putting a plan in motion will improve the chances that your company will survive and recover.
Business Continuity Management (BCM) is about identifying those parts of your organisation that you can't afford to lose - such as information, stock, premises, staff, equipment, utilities and cash flow - and planning how to maintain these, if an incident occurs.
BCM is simpler than you may think. To implement BCM you will need to consider the following questions:
- what are the organisations key products and services
- what are the critical activities and resources required to deliver them?
- what are the risks to these critical activities?
- how will you maintain these critical activities in the event of an incident (loss of access to premises, loss of utilities and so on).