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This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. The term refers to the ability of organizations to quickly restore their important processes and activities after a disruption.
The business continuity management roadmap is a simple but powerful tool that can help organizations strengthen their BCM programs and enhance their resilience. In today’s post, we’ll lay out an eight-step process your company can use to create its own, customized BCM roadmap. This is what a BCM roadmap is and does.
Knowing what roles should be represented on the business continuity management (BCM) team and what kind of people should fill them is an overlooked key to success in making organizations resilient. In today’s post we’ll look at what the slots on a BCM team should be and the traits and skillsets needed in the team’s staff and leadership.
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. Sometimes the form business continuity management (BCM) is used. The activity of crisis management is also included under the umbrella though that tends to be treated separately.)
In today’s post we’ll look at the top 10 free or almost free resources business continuity management professionals can utilize to help them raise their BCM skills and effectiveness to ninja level. However, there is one aspect of doing BCM that is much better and easier than it was when I was getting started 25 years ago.
What is Business Continuity Management (BCM)? When you unite your business continuity management and enterprise risk management activities, you’re moving toward a resilience management approach, without doing a lot of extra or repeated work. The post BCM and ERM: What’s the Difference? LEARN MORE.
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. Once things are up and running, we return as set forth in the road map—typically twice a year—to carry out needed maintenance and activities. We’re also available any time on demand.
Related on MHA Consulting: Roll with the Changes: A New Generation Requires a New Approach to BCM It is comforting to think that if we master one set of marketable skills, we’ll be able to make a living from them for the rest of our careers; however, recent history shows that option is no longer available (if it ever was).
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. Leaders commonly do not have time to participate in training and awareness activities or believe they are unnecessary (because “we solve problems every day”). Training and awareness.
It’s a permanent ongoing activity. Defining the Risk Framework The risk framework refers to the activities that make up the role of risk manager. Exiting activities that bring it on or implementing protections to eliminate the exposure. It’s not about eliminating risk completely but managing it in a rational, informed way.
There’s a good reason business loves the concept of return on investment (ROI); it expresses the worth of an activity in terms everyone understands: dollars. In this post, we’ll review BCM VOI and […]. The post Say Hello to VOI: The Best Way to Assess the Value of Your BCM Program appeared first on BCMMETRICS.
Reputation Protection: Actively working to protect and even enhance the company’s reputation during and after the crisis. The BCM Blogging Team The post Crisis Management Team, Assemble! Crisis Response: Organizing and executing the response to a crisis, ensuring that actions are swift, coordinated, and effective.
Not another BCM Program audit? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Another Business Continuity Management (BCM) Program audit. When to do an audit of your BCM Program A final consideration is a decision of when exactly an audit is appropriate.
Not another BCM Program audit? Another Business Continuity Management (BCM) Program audit. BCM Program Audits. When to do an audit of your BCM Program. BCM as a Service. Last Updated on May 31, 2020 by Alex Jankovic. Reading Time: 4 minutes. Business Continuity Management. 18 Articles. 6 Articles. 16 Articles.
Well-chosen BCM software can help a continuity program be more nimble and effective. It is also a pretty good depiction of how business continuity management (BCM) programs need to be these days if they are to successfully protect their organizations from the unprecedented number of threats in the environment. Lifecycle parameters.
Related on MHA Consulting: BCM Basics: Modern IT/DR Strategies The Benefits of a Sound Business Continuity Strategy A solid BC strategy is a fundamental component of a functional BC program. We at MHA are happy to participate in these types of conversations and activities. The individual responsible for supporting the BCM team.
Business Continuity: Beyond Just Planning Business continuity isn’t merely a contingency plan tucked away in a drawer; it’s an active, ongoing strategy. The BCM Blogging Team bernsteincrisismanagement.com The post The Importance of Business Continuity in Modern Enterprises appeared first on Bernstein Crisis Management.
Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk. Inherent risk is the danger intrinsic to any business activity or operation. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied.
In terms of bang for the buck, not all business continuity activities are created equal. Pursued purposefully these are all worthwhile activities. However, there is one activity that most BC offices tend to neglect—and pound for pound it is one of the most worthwhile ways a BC professional can spend his or her time.
As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. This activity, by the way, is not a one-and-done project but an ongoing process. Exactly what those domains are will be detailed in a moment.
BCM (business continuity management) is a form of risk management that deals with the threat of business activities or processes being interrupted. In addition to enabling an organisation to operate despite a disaster, effective BCM can help protect corporate reputation and revenue during troubled times.
BCP is one of the components of the Business Continuity Management (BCM) Program which should be implemented in organizations of all sizes. The implementation of a BCM Program could be a rather complex and lengthy process, which largely depends on the organization’s size. Reading Time: 6 minutes. Regardless of the industry (e.g.
There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. Companies often hire third parties to take on activities that are outside their core competencies, freeing them to do what they do best.
In the “ An Introduction to Business Continuity Planning ” article, we outlined the main components of the Business Continuity Management (BCM) Program and introduced the basics of Business Continuity Planning (BCP). These plans must address BCM Program requirements, including Emergency Management Procedures (e.g.
In the “ An Introduction to Business Continuity Planning ” article, we outlined the main components of the Business Continuity Management (BCM) Program and introduced the basics of Business Continuity Planning (BCP). . These plans must address BCM Program requirements, including Emergency Management Procedures (e.g.
Related on BCMMETRICS: Don’t Give Up the Ship: Demonstrating the Benefits of Rigorous Crisis Management Training Benefits That Go Beyond BC The main purpose of a business continuity management (BCM) program is to help an organization get through disruptions with the least possible impact to its operations, reputation, stakeholders, and bottom line.
Doing this work is one of the most productive activities a BC professional can undertake. This cuts across all areas of BC activity. Having these items is not enough. They have to work. The job of the gap hunter is to identify gaps that might keep them from working—and to close them. This can be crippling during an outage.
accounts payable, payroll) and activities (running reports, uploading data). We also identified a number a number of key errors: The data suggested that no one involved in the process understood the necessity of differentiating between essential processes (e.g.,
However, in most cases—and with the majority of program deliverables—the people we really need to talk to are the tactical, boots-on-the-ground folks who complete the processes and activities we’ve been hired to assess and protect.
The Business Impact Analysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. It is an activity that will identify mission-critical business functions, processes or services in your organization, and the resources required to timely recover those activities. The BIA is an organization-wide activity.
Manufacturers must be prepared for all types of disruptive events such as severe weather activity, natural and man-made disasters, hazardous materials incidents, supply chain disruptions, and equipment and technology failures. How Everbridge’s BCM Tools Can Support Manufacturing Organizations. Everbridge can help.
Last Updated on June 15, 2020 by Alex Jankovic Reading Time: 5 minutes In our previous articles , we outlined the reasons why the Business Continuity Management (BCM) Program is essential to your organization. The conclusion was that to be successful and effective, Business Continuity Planning must be an organization-wide activity.
In our previous articles , we outlined the reasons why the Business Continuity Management (BCM) Program is essential to your organization. The conclusion was that to be successful and effective, Business Continuity Planning must be an organization-wide activity. It’s happening everywhere! IT must be engaged (early)! Change is required!
Many business management disciplines, including Business Continuity Management (BCM) and Operational Risk Management (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals. Organizational resilience is a discipline, and there is no single approach to improve it or enhance it.
Many business management disciplines, including Business Continuity Management (BCM) and Operational Risk Management (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals. Start with a Business Continuity Management (BCM) Program. Incident Response (Crisis, Emergency, etc.).
By making such small corrections as making sure everyone is using the right security controls and installing backup power sources in key buildings, you minimize the potential of ever having to activate your plans. How to Implement Vulnerability Management How does an organization “do” vulnerability management?
Potential risks, as an example, can include cyber-attacks, natural disasters, supply chain issues, active assailant situations, or any other event that can negatively impact your organization’s operations. Should you spend time and effort to complete this activity?
Potential risks, as an example, can include cyber-attacks, natural disasters, supply chain issues, active assailant situations, or any other event that can negatively impact your organization’s operations. Should you spend time and effort to complete this activity? BCM as a Service. Business Continuity Management. 18 Articles.
Definition: A Business Impact Analysis (BIA) is the cornerstone of creating a BCM program. Basically, a BIA helps prioritize restoration efforts in the initial response activities following an operational disruption.
But in our current period of an ever-expanding set of global threats, most organizations would benefit from developing a system for actively monitoring potential threats to their operations and assets. There was a time when only the military had to concern itself with scanning the horizon for potential dangers.
Cameras are not pointed at all key areas and hence are unable to provide visual confirmation of the activities in the area. Cameras are not monitored real time and no regular reviews are done to ensure optimal viewing and recording.
Whereas it is not possible to stop earthquakes, it is possible to construct anti-seismic buildings and to organize human activities in such a way as to minimize the risk of death. Activism is much more common than fatalism (this is the so-called "therapeutic community"). Reality: Survivors rapidly get to work on the clear-up.
Many business continuity planning activities revolve around procedures that do not need to change much, as the time tested approach can be applied to any organization, regardless of their industry or size. They genuinely care about what their clients’ specific needs are.
Many business continuity planning activities revolve around procedures that do not need to change much, as the time tested approach can be applied to any organization, regardless of their industry or size. BCM as a Service. They genuinely care about what their clients’ specific needs are. Management Disconnect. 22 Articles.
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