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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. As consultants, we are continually surprised to discover that many of our clients do not understand the meaning of these fundamental terms.
Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The past twenty-five years have seen a lot of changes in the world especially as pertains to business. It’s interesting to look at BCM practices that have fallen into disuse or are no longer regarded as beneficial or sufficient.
We write a lot about BIAs in our blog and ebooks, and no wonder: the business impactanalysis is the cornerstone of a sound business continuity program. This high level of interest in BIAs is completely warranted since the BIA is the lynchpin of a good business continuity management (BCM) program and hence of a resilient organization.
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).
FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. For this reason, it is often referred to as the Gold Standard of BCM standards. FFIEC in our industry is best known for providing the business continuity management standard that U.S.
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. These types of assessments can be used to evaluate an entire organization (management consulting), or any specific system (IT audit), process or project.
Not another BCM Program audit? Another Business Continuity Management (BCM) Program audit. These types of assessments can be used to evaluate an entire organization (management consulting), or any specific system (IT audit), process or project. BCM Program Audits. When to do an audit of your BCM Program.
One of the most common complaints from my consulting clients is that doing a formal business impactanalysis, or BIA, is a waste of time. You don’t mind if your business continuity management (BCM) program is built on sand. The BIA is often referred to as the foundation of BCM program.
In one recent engagement, MHA was tasked with picking up the pieces after a Business ImpactAnalysis (BIA) conducted by another consulting firm suffered a crack-up. The consultant who had conducted it (over the course of 18 months) had no prior experience working with a manufacturing company.
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. Step 2: Engage a Competent BC Consultant This step is not strictly necessary but is strongly encouraged. Business Continuity Manager.
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.
As business continuity 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. or “What systems does finance use to execute process X?”).
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 MHA Consulting: The Ultimate Guide to Residual Risk Risk Mitigation Controls Explained Business continuity is all about reducing risk. Business ImpactAnalysis. The strength of a recovery plan relies in part on an accurate and on-target Business ImpactAnalysis. The BIA is a very important control.
Related on MHA Consulting: Who Does What: The Most Critical Job Roles in IT Disaster Recovery The Price of Neglecting IT/DR Being a business continuity consultant can be frustrating. Business needs are determined by a Business ImpactAnalysis (BIA) completed before disaster recovery planning begins.
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.
Listed below are some of the most common justifications for not implementing a robust Business Continuity Management (BCM) Program : 1. Is it aligned with your business continuity requirements ( Business ImpactAnalysis - BIA anyone)? We hired a consultant to make a plan a few years ago, so we’re OK. BCM as a Service.
Many consultants are stuck in the past, and they refuse to acknowledge that modern problems require modern solutions and a more agile approach in resolving them. Here are some of them: 1. Lack of Innovation Critics often feel that the field of business continuity planning has somewhat stagnated, and they are right to a certain extent.
Many consultants are stuck in the past, and they refuse to acknowledge that modern problems require modern solutions and a more agile approach in resolving them. BCM as a Service. Business ImpactAnalysis. Here are some of them: 1. Lack of Innovation. Business Continuity Management. 22 Articles. 6 Articles. 20 Articles.
Business Continuity 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 Business Continuity and Information Technology field. Organizational resilience is a discipline, and there is no single approach to improve it or enhance it.
There is something that bothers many Management Consultants in the Business Continuity and Information Technology field. Start with a Business Continuity Management (BCM) Program. An excellent first step your organization can take to address organizational resilience is the implementation of a BCM Program. Newsletter.
Consult your business impactanalysis. Companies who lack manual workarounds coud miss SEC deadlines and face sanctions. How to Create a Workaround The easy part of devising manual workarounds is knowing which processes you need to develop backups for. We recommend focusing on those needed in the first 24 to 48 hours.
Related on MHA Consulting: Who’s the Boss? A mature, fully integrated risk model would like something like this: As part of the business impactanalysis (BIA), people would be doing risk assessments of different areas at different levels throughout the company.
Related on MHA Consulting: Who’s the Boss? A mature, fully integrated risk model would like something like this: As part of the business impactanalysis (BIA), people would be doing risk assessments of different areas at different levels throughout the company.
BIA On-Demand provides everything you need to conduct a world-class business impactanalysis, and the BIA is the foundation of a sound business continuity program. The post Top 5 Reasons People Love BIA On-Demand appeared first on MHA Consulting. BIA On-Demand is the most popular tool in the BCMMETRICS TM suite , and no wonder.
One of the discussions was whether the RTOs and RPOs we capture in the BIA (Business ImpactAnalysis) are suitable and relevant in a cyber incident. appeared first on PlanB Consulting. This week, I have been teaching a Cyber Incident Management course in Frankfurt. One of the other discussions this week was about backups.
S2E7 - Pathways to a Career in BCP Join Roswitha in her solo discussion of how ANY career/education path can lead you into the field of Business Continuity Planning (BCP) or Business Continuity Management (BCM). S1E4 - Software or Consultants for building your BCP. This episode will give you factual examples and more.
Once you know your critical functions you should also conduct a risk assessment and then a business impactanalysis that allows you to properly assess situations that could negatively impact your business. Myth 17: Business Continuity Consultants are Unaffordable. Just schedule a free consultation using the button below.
Much of the mental effort and the time of business continuity goes into the Business ImpactAnalysis (BIA). appeared first on PlanB Consulting. Is risk management a paper exercise in meaninglessness, where it all looks good on paper, but if it doesn’t actually lead to action and mitigation then what is the point of it?
Much of the mental effort and the time of business continuity goes into the Business ImpactAnalysis (BIA). appeared first on PlanB Consulting. Is risk management a paper exercise in meaninglessness, where it all looks good on paper, but if it doesn’t actually lead to action and mitigation then what is the point of it?
Much of the mental effort and the time of business continuity goes into the Business ImpactAnalysis (BIA). appeared first on PlanB Consulting. Is risk management a paper exercise in meaninglessness, where it all looks good on paper, but if it doesn’t actually lead to action and mitigation then what is the point of it?
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.
Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.
Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Section 4 - Business ImpactAnalysis. Section 9 - BCM Program Maintenance. 4 – Business ImpactAnalysis.
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