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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. Sometimes the form business continuity management (BCM) is used. The activity of crisismanagement is also included under the umbrella though that tends to be treated separately.)
FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. However, of the five, the FFIEC Business Continuity Management booklet is widely regarded as the toughest and best. The Gold Standard FFIEC is the most aggressive standard in the U.S.
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.” Which would cause the greatest impact if it was down for six hours: Manufacturing? Customer Service?
What’s more, we run into it across the whole range of organizations MHA works with, from healthcare to manufacturing to education and beyond. The C-Suite and other high-ranking executives are usually the primary SMEs if the engagement has to do with program governance or crisismanagement, where the senior management is the front line.
It’s relevant for financial services, consumer businesses, manufacturing—everyone. Workarounds Are More Important Than Ever This isn’t just an issue for that client or for the healthcare industry. It’s widely assumed that technology has made manual processes obsolete.
It may need a multidisciplinary response, but you are the person senior managers go to, to coordinate your organisation’s response. Many organisations, especially those in oil and gas, manufacturing and transport industries, have emergency response plans in place.
Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.),
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. Section 3 - Risk Assessment.
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