This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. For business continuity newcomers, few topics are as confusing as the difference between business continuity and IT disaster recovery.
Building a Business Continuity Plan for the Manufacturing Industry. For those in the manufacturing industry, critical events threaten financial loss due to unplanned downtime, reduced factory utilization rates, lost revenue, and even employees put at risk. Manufacturing Industry-Specific Dangers. Brand diminishment.
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. The Gold Standard FFIEC is the most aggressive standard in the U.S. marketplace.
The company—a global manufacturing concern—said they had a BIA in hand and they wanted MHA to use it as the basis for implementing their BC program across the organization. The consultant who had conducted it (over the course of 18 months) had no prior experience working with a manufacturing company. Fine, we told them. four hours).
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?
Many service providers tune out talk about supply chain risk management since they think the issue only affects manufacturers and retailers. In fact, service providers are also vulnerable to vendor … The post What Service Providers Need to Know About Supply Chain Risk Management appeared first on MHA Consulting.
BCP is one of the components of the Business Continuity Management (BCM) Program which should be implemented in organizations of all sizes. non-profit organizations, professional services companies, manufacturing facilities, etc.), non-profit organizations, professional services companies, manufacturing facilities, etc.),
At the funnel’s narrow end, representatives from departments such as business continuity, security, facilities, operations, manufacturing, and finance analyze and sift the information received. There the data is synthesized and analyzed, with the most salient threats being brought to the attention of key decision-makers.
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.
Where I feel business continuity is more unsure of itself is within industries such as manufacturing, oil, gas and chemicals, where they have all the PPRS issues but also the additional issue of an incident which doesn’t neatly fall into PPRS.
Many organisations, especially those in oil and gas, manufacturing and transport industries, have emergency response plans in place. It may need a multidisciplinary response, but you are the person senior managers go to, to coordinate your organisation’s response.
As a direct result of that blockage, oil couldn’t reach its destination, manufacturers couldn’t get crucial parts, and so on. But because of today’s interconnected nature – all this reliance on hardware manufacturers, Cloud service providers , and so on – this simple, common issue can have a massive knock-on effect.
There is thus no reason why BCM should not apply to public bodies. Goods and services imported into a country with foreign funding tend to benefit the manufacturers and suppliers. Myth 48: In disasters there are heroes and villains. Myth 53: Aid always benefits the recipients, not the donors.
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. 9 – BCM Program Maintenance.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content