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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. For business continuity newcomers, few topics are as confusing as the difference between business continuity and IT disaster recovery.
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. The roles that should be represented on a company’s BCM team change over time depending on the maturity of the program.
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.
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 businessactivity or operation. A related but higher level concept is that of risk mitigation strategies.
In terms of bang for the buck, not all business continuity activities are created equal. It’s not hard to spend hundreds of hours a year doing BIAs, gap analyses, and risk assessments and developing recovery strategies and writing recovery plans. Pursued purposefully these are all worthwhile activities.
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)!
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. BIA engagement inputs.
Thinking of writing the document as the activity. Further Reading Taking Care of Business: How to Write a BusinessRecovery Plan Sounds Like a Plan: The Elements of a Modern Recovery Plan Plan B: As the Recovery Plan Fades, What Will Take Its Place? Think of the information an airline pilot might encounter.
In that event, businesses require a disaster recovery plan with best practices to restore hardware, applications, and data in time to meet the businessrecovery needs. What is a Disaster Recovery Plan? Why Do I Need One? Talking of testing types, there are multiple ways of examining your plan.
Disaster Recovery Defined Andrew Hiles has a particularly good definition of disaster recovery in his book Business Continuity Management, Global Best Practices. Note the focus is on the aspects of the business affected by the loss of technology. DR plans should support businessrecovery.
We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization. It can be overwhelming if your organization has never implemented a robust business continuity program. It requires a budget and long-term commitment (hence why it is a BCM Program).
We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization. It can be overwhelming if your organization has never implemented a robust business continuity program. Section 2 - Business Continuity Management (BCM) Program Implementation.
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