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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 businesscontinuity management. For businesscontinuity newcomers, few topics are as confusing as the difference between businesscontinuity and IT disaster recovery. Let’s go over them.
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in businesscontinuity management. BusinessContinuity as a Service (BCaaS) is based on the SaaS concept, but it differs from it in several key respects, as we’ll explore in today’s post.
The Importance of BusinessContinuity in M odern Enterprises BusinessContinuity and Crisis Management Go Hand in Hand In an era marked by rapid technological advancements and unexpected global events, ensuring uninterrupted business operations—termed “businesscontinuity”—is paramount.
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in businesscontinuity management. People new to our field are often puzzled by one of its key terms: “continuity.” We’ll get to the meaning of the term “businesscontinuity” in a moment.
The businesscontinuity 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 businesscontinuity management (BCM) team and what kind of people should fill them is an overlooked key to success in making organizations resilient. The roles that should be represented on a company’s BCM team change over time depending on the maturity of the program.
At a high level, it may seem natural to use the terms businesscontinuity management and enterprise risk management interchangeably. While there are some congruences between them, there are some unique distinctions that separate the two, and in many regards, they’re actually completely different business functions. LEARN MORE.
Many organizations struggle with establishing a sound businesscontinuity strategy, a foundational aspect of a strong BC program. Follow these seven steps to implement a BC strategy that can help you swiftly recover your business processes in the event of an outage. BusinessContinuity Manager. Team Member(s).
In today’s post we’ll look at the top 10 free or almost free resources businesscontinuity 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.
Building a BusinessContinuity Plan for the Manufacturing Industry. 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. The Importance of Building a Plan.
The same thing is true of organizations and businesscontinuity professionals. Right now, the pace of change in the broader society is as fast as I’ve ever seen it, and that looks to continue for the foreseeable future. I’ll explain what that is at the end. Operational resilience.
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in businesscontinuity 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.
Businesscontinuity programs need to be agile in order to protect their organizations in today’s chaotic environment. Well-chosen BCM software can help a continuity program be more nimble and effective. It’s a critical BCM performance attribute. Unfortunately, many companies’ BCM programs are anything but agile.
It’s a permanent ongoing activity. Risk Management and BusinessContinuity The relationship of the risk management department and the businesscontinuity office varies by organization. Defining the Risk Framework The risk framework refers to the activities that make up the role of risk manager.
Having a businesscontinuity plan [BCP] is invaluable, but you can’t foresee every type of event. So, for businesscontinuity management [BCM] purposes, it’s better to come at it from the other direction: What processes [businessactivities] are critical to your organisation? And if so, how?
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. However, in evaluating intangible assets such as a businesscontinuity program, it’s more helpful to look at VOI, or value on investment.
BusinessContinuity Planning for Small and Medium-Sized Organizations Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Readers note: Please check our recently published high-level BusinessContinuity Planning guide. There is not much time to deal with “non-essential” business problems.
BusinessContinuity Planning for Small and Medium-Sized Organizations. Readers note: Please check our recently published high-level BusinessContinuity Planning guide. . have unique challenges not generally understood by larger BusinessContinuity Advisory firms. Reading Time: 4 minutes. Management Support.
Not another BCM Program audit? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Another BusinessContinuity 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 BusinessContinuity Management (BCM) Program audit. Some organizations think of audits as tedious, and often unnecessary, accounting procedures, rather than as a powerful business tool that can be used to improve the organization’s capabilities. BCM Program Audits.
BusinessContinuity is NOT a Data Backup Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 5 minutes There is something that bothers many Management Consultants in the BusinessContinuity and Information Technology field. BusinessContinuity is not a data backup. Let us repeat.
BusinessContinuity is NOT a Data Backup. There is something that bothers many Management Consultants in the BusinessContinuity and Information Technology field. Have you tried to search for the terms “BusinessContinuity” or “ BusinessContinuity Planning ” on Google or Bing search engines recently?
Is BusinessContinuity Planning Dead? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes The death of the businesscontinuity planning and profession has been predicted quite a few times over the last decade. However, this does not mean that the field of businesscontinuity planning is perfect.
Is BusinessContinuity Planning Dead? The death of the businesscontinuity planning and profession has been predicted quite a few times over the last decade. The current business landscape arguably allows for more opportunity than ever before, and many organizations are pre-occupied with quarter over quarter growth.
In terms of bang for the buck, not all businesscontinuityactivities 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. When you get right down to it, everything we do in businesscontinuity is about reducing risk. First, there are three points that are worth mentioning to put this subject in context.
Any organization that invests time and effort into improving its resilience is to be commended, but unfortunately many companies prioritize the wrong things in their businesscontinuity endeavors. In businesscontinuity, the “three to get ready” are: Information technology. Business processes.
Businesscontinuity management. BCM (businesscontinuity management) is a form of risk management that deals with the threat of businessactivities or processes being interrupted. Businesscontinuity planning and disaster recovery planning.
Reducing risk is at the heart of everything we do as businesscontinuity professionals. Residual Risk There are two main kinds of risk when it comes to organizational activities and businesscontinuity: inherent risk and residual risk. Inherent risk is the danger intrinsic to any businessactivity or operation.
As businesscontinuity consultants, we at MHA often encounter a situation we call “inviting by title,” which is when our contact at the client company has us meet with high-level company executives rather than mid-level employees with detailed tactical knowledge. That’s who we need to talk to.
businesscontinuity industry saw an average of about 20-25 new job postings each week , with about 30-35 on average internationally. While other industries around the globe struggled to adapt—and many experienced unprecedented job losses—businesscontinuity managed to thrive and grow. BusinessContinuity Job Trends.
Businesscontinuity (BC) and disaster recovery (DR) are often used together and interchangeably. Continued smooth operation is a fairy tale in the business world. This clearly links business functions and technology. Once can argue that both businesscontinuity plans (BCP) and DR are reactive.
Debunking the Myths of BusinessContinuity Unlocking the Truth: Navigating 20 Myths About BusinessContinuity Introduction: In the dynamic landscape of modern business, the importance of businesscontinuity cannot be overstated. Myth 2: BusinessContinuity Plans Are Only for Large Enterprises.
These are the questions I think all BusinessContinuity Managers (BCM) should know about their own IT systems. Recovery of individual systems should be known if they are critical to the organisation or they underpin activities with short RTOs (Recovery Time Objectives). systems appeared first on PlanB Consulting.
These are the questions I think all BusinessContinuity Managers (BCM) should know about their own IT systems. Recovery of individual systems should be known if they are critical to the organisation or they underpin activities with short RTOs (Recovery Time Objectives). IT department’s plans.
Charlie looks at how businesscontinuity techniques and methodologies have evolved and why we have moved on from some of the classics. One staff member would call several other staff members in their team in order to get the message out to all staff, such as, the BCP has been activated and staff should report to the recovery centre.
Charlie looks at how businesscontinuity techniques and methodologies have evolved and why we have moved on from some of the classics. One staff member would call several other staff members in their team in order to get the message out to all staff, such as, the BCP has been activated and staff should report to the recovery centre.
Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The BIA Is the Cornerstone As every businesscontinuity (BC) professional knows, the BIA is the cornerstone of a sound BC program. accounts payable, payroll) and activities (running reports, uploading data).
Businesscontinuity professionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. 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.
These definitions are taken from our recent free ebook, Strong Language: The MHA Guide to Essential BusinessContinuity Terminology. 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.
In today’s bulletin, Charlie discusses his thoughts on the industry that is businesscontinuity and how he believes COVID has negatively impacted it. Nothing particular in the news piqued my interest this week, therefore, I decided to give my thoughts on ‘Is BusinessContinuity One of the Victims of COVID?’.
In today’s bulletin, Charlie discusses his thoughts on the industry that is businesscontinuity and how he believes COVID has negatively impacted it. Nothing particular in the news piqued my interest this week, therefore, I decided to give my thoughts on ‘Is BusinessContinuity One of the Victims of COVID?’.
This week I discuss the role of the BusinessContinuity Manager in dealing with the recovery phrase of coronavirus. So I thought this week I would share some thoughts on the BusinessContinuity Manager’s role in the recovery phase and point out a number of threats we should be preparing for, including part time schooling.
Why is so "darn" hard to engage IT Organization in BusinessContinuity efforts??? Last Updated on June 15, 2020 by Alex Jankovic Reading Time: 5 minutes In our previous articles , we outlined the reasons why the BusinessContinuity Management (BCM) Program is essential to your organization.
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