Business Continuity Management

Business Continuity Management

Before we can talk about Business Continuity Management, we must first understand what Business Continuity (BC) truly is. Business Continuity is defined as the capability of an organization to continue delivery of products or services at acceptable predefined levels following a disruptive incident. This term is often described as just common sense. It is about taking responsibility for your business preparing for the worst that could happen and enabling it to stay on course whatever storms it is forced to weather. The historical events of September 11, 2001 showed that even though high impact, manmade or natural events could occur, recovery is definitely ...

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building organizational resilience by designing and developing an effective response that safeguards the interests of key stakeholders, business reputation, brand and value-creating activities. (User, 2017). As a form of crisis management, business continuity management (BCM) has evolved since the 1970s in response to the technical and operational risks that threaten an organization's recovery from hazards and interruptions. (Herbane, B, 2010). The goal of BCM is to provide organizations with the ability to effectively respond to threats such as natural disasters or data breaches and protect the business interests of the organization. The BCM process includes emergency management, disaster recovery, crisis management, business recovery, incident management and contingency planning in case of eventualities. At its core, BCM works on the principle that good response systems can help businesses avoid some damage from theoretical events.

Good BCM enables organizations identify ...

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Continuity Management and Crisis Management

Having understood what business continuity management is, we will now take a look at Crisis Management because while both terms may seem to be the same, they are uniquely different processes. Crisis Management is a strategic management process which begins long before the triggering event and continues after the triggering event has been brought under control. It actively identifies and proactively manages potential crisis issues before they occur. The primary purpose of crisis management is to limit the intensity or impact of a negative threat or event to organization's negative threat or event to organization's employees, ...

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PAPER DETAILS
Added: 10/27/2017 09:25:55 AM
Submitted By: dozie15
Category: Business
Type: Premium Paper
Words: 1276
Pages: 5

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