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What is a Business ImpactAnalysis (BIA)? The Business ImpactAnalysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. If not executed efficiently, the organization’s stakeholders could quickly lose interest, and the BIA results could not meet your BCM Program requirements.
Most of these have had demonstrable impacts on the practice of business continuity management (BCM), rendering some traditional practices obsolete and ushering in new concerns and techniques. It’s interesting to look at BCM practices that have fallen into disuse or are no longer regarded as beneficial or sufficient.
Introduction to Business ContinuityPlanning. Business ContinuityPlanning (BCP) should be one of the top priorities for organization leaders. BCP is one of the components of the Business Continuity Management (BCM) Program which should be implemented in organizations of all sizes. Reading Time: 6 minutes.
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).
Business ContinuityPlanning 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 Business ContinuityPlanning guide. Many of the organizations of this size (e.g.
Business ContinuityPlanning for Small and Medium-Sized Organizations. Readers note: Please check our recently published high-level Business ContinuityPlanning guide. . have unique challenges not generally understood by larger Business Continuity Advisory firms. Last Updated on May 31, 2020 by Alex Jankovic.
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 Foundations of Robust Business Continuity Risk Assessment : Recognizing potential threats is pivotal.
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. The second phase of an audit must include an analysis of the information as well as a gap assessment against pre-determined criteria (e.g.
Not another BCM Program audit? Another Business Continuity Management (BCM) Program audit. BCM Program Audits. Business Continuity and IT Disaster Recovery planning efforts do not have defined start and endpoints, and as such must be maintained and updated over time to be truly effective. BCM as a Service.
Top reasons why Business ContinuityPlanning is ignored! The business is always busy, and because of this, it comes up with a myriad of justifications for ignoring Business ContinuityPlanning efforts. Top justifications why Business ContinuityPlan is not implemented. Reading Time: 4 minutes.
Collectively, these guidelines make up the FFIEC Business Continuity standard, whose purpose is to make sure the banks and other financial institutions that are required to follow it can continue to operate even if they are hit with a disruption. For this reason, it is often referred to as the Gold Standard of BCM standards.
BCM Trends for 2020! The Disaster Recovery Institute (DRI) recently released its 4th Annual BCM Trends and Predictions Report , which provides predictions for resilience trends in 2019/2020. Supply chain disruptions are nothing new, and any Business ContinuityPlans will undoubtedly consider them. BCM as a Service.
Remote Work and Business ContinuityPlanning Challenges. The work in the office going forward will be different, and in some aspects, it will introduce a new set of challenges for Business ContinuityPlanning efforts. Business ContinuityPlanning Challenges with a Distributed Workforce.
BCM Program Governance is a key for it's success. Unsurprisingly, governance also plays a key role in Business Continuity Management (BCM) , because effective BCM needs to be a part of the organization’s “way of life”. BCM Program requires a strong Governance model. Last Updated on May 31, 2020 by Alex Jankovic.
Many organizations struggle with establishing a sound business continuity strategy, a foundational aspect of a strong BC program. 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.
Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Organizational culture is an often-overlooked factor in the long-term viability of Business Continuity Management (BCM) Programs. So, what are some considerations when it comes to the integration of organizational culture and Business ContinuityPlanning efforts?
Organizational culture is an often-overlooked factor in the long-term viability of Business Continuity Management (BCM) Programs. Many organizations understand the importance of Business ContinuityPlanning processes, such as Risks Assessment or a Business ImpactAnalysis (BIA). BCM Program effectiveness.
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 ContinuityPlanning 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 ContinuityPlanning must be an organization-wide activity. Reading Time: 5 minutes. It’s happening everywhere!
This article will address the importance of the Risk Assessment as a general business tool, as well as in the context of Business ContinuityPlanning. Unsurprisingly, a Risk Assessment is one of the most important components of Business ContinuityPlanning (BCP). Average people assess risks daily to guide their actions.
This article will address the importance of the Risk Assessment as a general business tool, as well as in the context of Business ContinuityPlanning. Unsurprisingly, a Risk Assessment is one of the most important components of Business ContinuityPlanning (BCP). Business Continuity Management. BCM as a Service.
However, their perspective tends to be highly strategic; they tend not to have the kind of granular, technical knowledge we need to complete tactical deliverables such as business impact analyses (BIAs) and business continuityplans.
Everyone knows business continuityplanning can help organizations prepare for emergencies. In today’s post, I want to share five examples of situations where clients of ours were able to leverage elements of their BCM program to benefit non-BC aspects of their organizations. Such a program delivers more than meets the eye.
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. Business ContinuityPlanning process will uncover your critical business processes and functions.
There is something that bothers many Management Consultants in the Business Continuity and Information Technology field. Have you tried to search for the terms “Business Continuity” or “ Business ContinuityPlanning ” on Google or Bing search engines recently? Start with a Business Continuity Management (BCM) Program.
Some operations can be completely halted by an IT disruption, and recovery often requires specific skills, detailed planning and testing. Some functions or processes rank low in priority when evaluated independently, but they may be available to enable some of the high-ranking ones. Copyright 2020 StratoGrid Inc.
Some operations can be completely halted by an IT disruption, and recovery often requires specific skills, detailed planning and testing. ITDR Planning depends on Business ImpactAnalysis (BIA) and Risk Assessments. Business Continuity Management. BCM as a Service. Business ContinuityPlanning.
The plan should progress naturally from when an event happens, to the activation of the plan, to steps for recovery, to going back to business as usual. Business ImpactAnalysis. The strength of a recovery plan relies in part on an accurate and on-target Business ImpactAnalysis. /The
This means that in the blog when I talk about negative consequences, I’m limited to saying, “Believe me, I’ve seen it over and over again: Companies that neglect business continuityplanning frequently live to regret it.” Business Continuity Representative.
Disaster Recovery Defined Andrew Hiles has a particularly good definition of disaster recovery in his book Business Continuity Management, Global Best Practices. It’s a process that begins with the realization that the business needs to have a Plan B for its most critical processes and functions.
In times of crisis, a comprehensive business continuityplan ensures that every facet of the organization is resilient. Myth 2: Business ContinuityPlans Are Only for Large Enterprises. Size doesn’t dictate the need for business continuity. Myth 5: Business Continuity is Too Expensive for Small Businesses.
Much of the mental effort and the time of business continuity goes into the Business ImpactAnalysis (BIA). Many organisations that didn’t have business continuityplans made up their response as they went along and still survived. They wanted all activities back NOW and at 100%.
Much of the mental effort and the time of business continuity goes into the Business ImpactAnalysis (BIA). Many organisations that didn’t have business continuityplans made up their response as they went along and still survived. They wanted all activities back NOW and at 100%.
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 ContinuityPlanning (BCP) or Business Continuity Management (BCM). Business ContinuityPlanning (BCP) can be complete or it can be simple.
Much of the mental effort and the time of business continuity goes into the Business ImpactAnalysis (BIA). Many organisations that didn’t have business continuityplans made up their response as they went along and still survived. They wanted all activities back NOW and at 100%.
A critical process called Business Continuity Management (BCM), not many organizations sadly have these programs in place. To help your organization better understand how BCM works and ways to implement such systems, in the following article, we will discuss what it is, why to use it, and best practice strategies.
A critical process called Business Continuity Management (BCM), not many organizations sadly have these programs in place. To help your organization better understand how BCM works and ways to implement such systems, in the following article, we will discuss what it is, why to use it, and best practice strategies.
Why the Business ImpactAnalysis is Challenging for an Organization with Constant Changes Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes In a Business Continuity Management (BCM) Program , there are specific professional practices that must be adhered to.
Why the Business ImpactAnalysis is Challenging for an Organization with Constant Changes. In a Business Continuity Management (BCM) Program , there are specific professional practices that must be adhered to. Assess the resources required to support the business impactanalysis process.
Is Business ContinuityPlanning Dead? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes The death of the business continuityplanning and profession has been predicted quite a few times over the last decade. However, this does not mean that the field of business continuityplanning is perfect.
Is Business ContinuityPlanning Dead? The death of the business continuityplanning and profession has been predicted quite a few times over the last decade. The truth is that business continuityplanning will likely never die. Not really! Last Updated on May 31, 2020 by Alex Jankovic. Lack of Innovation.
Business ContinuityPlanning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. We recognize that many business continuityplanning terms and industry-leading methodologies can be foreign to your organization.
Business ContinuityPlanning Guide for Smaller Organizations. We recognize that many business continuityplanning 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. ARTICLE SECTIONS.
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