As a business manager you are responsible for day to day functioning of business, when things are fine but also when things are not fine. In this article we can talk about "Business Continuity Management".

What is Business Continuity Management (BCM)? Well simply put.. it's a way of making sure that unexpected events have a little effect as possible on the day to day running of your organization.

The below videos would give you a short introduction to BCM and also also why it is so important for Business
 A well tested business continuity plan is critical to a successful BCM. Here i would like to share 5 steps to develop a good business continuity plan:

1. Analyse Your Business in detail: Make a list of the critical services in priority order and consider where you may be vulnerable. You can think about:
a. What are the key activities of your business?
b. Who in the organisation is essential?
c. Which staff and systems are necessary for the delivery of products or services.

2. Assess all potential Risks: Having identified the resources needed to deliver your key activities it is important to consider the likelihood that these resources would be unavailable. Anticipate and assess the risks to your organisation, formulating a list of where your business is vulnerable, for example: staff, processes or technology.

3. Develop Your Strategy: Now the risks and key services have been identified, you have to decide to manage these risks. Your strategy should determine: How you can reduce and even eliminate risks and How you recover from disruptive incidents.

4. Develop your plan: A simple generic plan should provide a list of actions to enable you to continue your services. It should take the following into consideration:
a. Roles & Responsibilities
b.Incident Checklist for Key Staff
c.Service Delivery
d.Recovery Procedures
e.Communications & Information

Testing and rehearsing your plan is one of the fundamental areas of contingency planning. It gives you an opportunity to test the arrangements and principles of the plan in a “safe and controlled” environment, without risk to the business. Exercising should involve: validating plans; rehearsing key staff; and testing systems which are relied upon to deliver resilience.

Testing ensures that plans are robust and enables lessons to be learnt and amendments to be made. Plans should be reviewed regularly and kept up to date, especially if there are staff changes, changes in the organisation's functions or services, changes to the organisational structure.

Few reference PDF. docs:
CASE STUDY: Small Organization Business Continuity Plan Creation
Fundamentals of Business Continuity Planning

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1 Responses to Business Continuity Management - a must know

  1. Rishil Babu Says:
  2. CASE STUDY: Small Organization Business
    Continuity Plan Creation - http://www.filebucks.org/getfile.php?name=msis595_VeoTaylor.pdf


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