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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. Related on MHA Consulting: Mark My Words: Commonly Confused Business Continuity Terms The Meaning of “Continuity” If you’ve been to MHA’s home page , you know what our firm is all about.
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.
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. It focused on identifying the most critical business processes and developing plans to keep those processes going or quickly restore them in the event of an outage.
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.
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.
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.
Related on MHA Consulting: The Write Stuff: How to Create and Maintain Business Continuity Documentation Five Ways BC Documentation Can Go Wrong An organization can reap myriad benefits by documenting its business continuity or IT disaster recovery (IT/DR) program in the form of written recovery plans.
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).
Follow these seven steps to implement a BC strategy that can help you swiftly recover your business processes in the event of an outage. 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.
Take, for example, an IT outage due to a cyberattack. Furthermore, a plan needs to be available to guide employees through a Plan B if an outage occurs. How Everbridge’s BCM Tools Can Help With Disaster Recovery. According to Gartner , the average cost of IT downtime is $5,600 per minute.
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.
Herrera Unplugged is an occasional series in which MHA Consulting CEO Michael Herrera shares his candid views on current hot-button business continuity topics. You might think that a company spending a substantial sum for the advice of a business continuity consultant would do everything it could to make the collaboration a success.
Far from relieving organizations of the responsibility of recovering their IT systems, today’s cloud-based and hybrid environments make it more important than ever that companies know how to bring their systems back up in the event of an outage. Moreover, cloud-services providers are themselves susceptible to outages and failed recoveries.
Related on MHA Consulting: Top 10 Resources to Help You Become a BCM Ninja Why the BIA Is Important The business impact analysis or BIA is one of the topics Richard Long and I write about the most here on “Roadmap to Resiliency.” In today’s post, we list, link to, and describe MHA’s best BIA resources. A great place to start.
Read on to learn about the BCM year in review. Working remotely as a business continuity management consulting firm worked while it had to, but there’s nothing like visiting organizations in person. There’s a lot to be said for ruthless efficiency when it comes to BCM. Related on BCMMETRICS: Global Turmoil Making You Ill?
Related on MHA Consulting: Be a Hard Target: Train Your Employees in Security Awareness A Uniquely Vulnerable Time In the context of business continuity, the recovery period is a vulnerable one for any organization. Addresses the use of outside services such as those from Microsoft and Google or outside experts such as consultants.
Related on MHA Consulting: How to Get Strong: Unlocking the Power of Vulnerability Management The Practice of Vulnerability Management Last week, MHA CEO Michael Herrera wrote a blog about vulnerability management , the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology.
Related on MHA Consulting: Know Your Gaps: Manage Residual Risk to Keep Your Company Safe Inherent Risk vs. Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk. Where risk tolerance is high, controls can be relaxed. Do not water down the message.
Related on MHA Consulting: The Retro Revolution: Why Manual Workarounds Are a BC Must Rehearsing Your Plan B Due to the complexity of BC methodology, many aspects of the field have the potential to become time sinks. Unprecedented outages occur all the time. This is to be commended.
Related on MHA Consulting: Sounds Like a Plan: The Elements of a Modern Recovery Plan Everyone reading this blog will know that the business continuity (BC) recovery plan is something organizations create to help them quickly restore their essential operations in the event of an outage, minimizing the impact on the company.
Related on MHA Consulting: Driving Blind: The Problem with Skipping the Threat and Risk Assessment The Need for Threat Intelligence Traditional business continuity methodology leans heavily on the threat and risk assessment or TRA, in which the organization identifies potential threats and ranks them in terms of likelihood and potential impact.
Related on MHA Consulting: Global Turmoil Making You Ill? Here are some examples of vulnerabilities that can exist at facilities even after risk mitigation controls have been implemented: The backup power source can provide only a fraction of the power needed to keep critical operations running in the event of an outage.
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.
The scenario was, “A regional internet outage has occurred; you have no internet access to the outside world. However, we’re finding that with ransomware, network outages, and all the rest of our contemporary challenges, the need to have documented, tested manual workaround procedures is greater than ever. I wish them the best.
Examining the key business processes that exist within an organisation and the impact of IT downtime on that business (outage impact), the BIA looks at the key assets in terms of recovery point objectives (RPOs) and recovery time objectives (RTOs). Business Continuity Management (BCM). Business Continuity Plan Checklist .
In today’s post we’ll look at why organizations still need to be adept at IT disaster recovery (IT/DR) and describe the four phases of restoring IT services after an outage. Phase 1: Preparation Technically, preparation is not a phase of disaster recovery since it happens before the outage. Estimate how long the outage will last.
Related on MHA Consulting: Who’s the Boss? Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. Successful Risk Mitigation Requires Centralized Leadership The post How a Risk Maturity Model Can Increase Your Company’s Resilience appeared first on MHA Consulting.
Related on MHA Consulting: Who’s the Boss? Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. Successful Risk Mitigation Requires Centralized Leadership The post How a Risk Maturity Model Can Increase Your Company’s Resilience appeared first on MHA Consulting.
Related on MHA Consulting: Be Ransomware Resilient: Know How to Operate Manually A Healthcare System Under Attack Last month, the U.S. However, BC practitioners have a critical role to play in ensuring their organizations are prepared to respond to data breaches and to extended system outages. health care system in American history.”
Local disruptions, such as power outages or supply chain issues, can have a significant impact, emphasizing the need for preparedness at every level. Myth 17: Business Continuity Consultants are Unaffordable. You can then use the Utility of your BCM program to effectively calculate the ROI of your program.
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 9 - BCM Program Maintenance. 2 – BCM Program Implementation. 9 – BCM Program Maintenance.
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