Who Can Benefit from Business Continuity Management?
Successful Business Continuity Management Explained.
During the last 2 years the economies and companies operate in a crisis environment. Many observers even predict that our society is in some stage of the total collapse of the capitalistic system. This article won't provide a solution for the global issues, but it describes how to establish a solid pro markit business continuity framework that will navigate your organization in case of emergency. What elements and tools are vital for the solid and successful plan?
Element 1: Set up a solid BCM Programme Management Structure
Programme management is at the centre of the BCM process and it establishes the approach to business continuity. The participation of top management is of key importance to ensuring that the BCM process is correctly introduced, adequately supported and established as part of the company's culture. Programme management includes three steps:
· Assigning Roles and Responsibilities (Governance)
Business unit management is ultimately responsible for the continuity of the business under adverse circumstances and accountable to ensure appropriate processes are implemented in the business unit.
Business unit management must appoint a person with appropriate seniority and authority to be accountable for BCM policy and implementation.
Business unit management must appoint a team to implement and maintain a BCM programme.
· Implementing Business Continuity in the organisation sims 4 tumblr cc communication of the BCM programme to stakeholders, arrangement of appropriate training for staff and exercising of the capability tests.
· On-going Management activities must ensure that continuity is embedded in the organisation. Each component and process of the business unit's capability must be regularly reviewed, tested and updated.
Element 2: Understand your Organisation.
The aim of this phase is to establish an understanding of the business through the identification of its key products, services, critical activities and resources that support them. The key activities during this phase are: Business Continuity Risk Assessment; Business Impact Analysis and determination of continuity requirements.
Element 3: Determine BCM Strategy
As a result of the previous analysis, the business unit will be able to choose the appropriate continuity strategies to enable it to meet its recovery objectives.
by robertajrosalez on 2023-06-20 01:58:52
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