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Business Continuity Management

BCM is a process that establishes a secure and resilient business environment to effectively respond to major incidents through identifying potential impacts, building resilience, and enabling response capabilities. It benefits organizations by reducing failure impact and likelihood, demonstrating management skills, improving processes, enhancing customer service, creating competitive advantages, freeing management time, increasing confidence, and potentially reducing costs. Key features of BCM include analyzing supply chains, identifying risks, quantifying consequences, designing continuity work plans, rehearsing plans through drills, and conducting post-mortem reviews.

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0% found this document useful (0 votes)
110 views8 pages

Business Continuity Management

BCM is a process that establishes a secure and resilient business environment to effectively respond to major incidents through identifying potential impacts, building resilience, and enabling response capabilities. It benefits organizations by reducing failure impact and likelihood, demonstrating management skills, improving processes, enhancing customer service, creating competitive advantages, freeing management time, increasing confidence, and potentially reducing costs. Key features of BCM include analyzing supply chains, identifying risks, quantifying consequences, designing continuity work plans, rehearsing plans through drills, and conducting post-mortem reviews.

Uploaded by

SanketBhatia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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BUSINESS CONTINUITY

MANAGEMENT (BCM)

WHY BCM IS SO IMPORTANT?

What would you do tomorrow if your organisation was


on fire today?

What would your customers do?

What would your bank and shareholders do?

WHAT IS BUSINESS CONTINUITY


MANAGEMENT??
A process that establishes a secure and resilient business

environment capable of mounting an immediate and effective


response to a major incident.

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 key stakeholders, reputation, brand
and value creation activities.

Risk Management and Business Continuity

Management are said to be part of each other.

THREATS TO AN ORGANIZATION
Fire
Information Technology Failure
Telecommunications Failure
Terrorist Threat
Denial of Access to the Facility
Employee Health and Safety
Supply Chain Disruption

BENEFITS OF BCM

Reduces impact and likelihood of failure


Demonstrates professional management
Improves processes
Enhances customer service
Creates competitive advantage
Frees management time spent fire-fighting
Increases confidence in the future
Can reduce cost of capital

And thats before the Event Strikes !

After an Event the benefits can be calculated in Millions!

FEATURES OF BCM
Analyse End to End Supply Chain
Identify risk prone elements
Quantify the consequences of each
Design Work plans on what needs to be done on disruption
How to ensure key process continuity
Check for trigger points which could create an emergency
Rehearse these plans or do mock drills
Do post mortem after the event has happened and

normalcy restored to be better equipped next time.

THANK YOU!

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