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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. The terms business continuity and business resilience are superficially similar and a world apart. The terms business continuity and business resilience are a distinction with a difference.
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. Yes, that is right.
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. The Move to “Resilience” Another word worth mentioning in this discussion is “resilience.” An organization that is resilient has such a capability.
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.
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. The roles that should be represented on a company’s BCM team change over time depending on the maturity of the program.
We are living in a golden age in terms of the easy availability of high-quality information on how organizations can make themselves more resilient. 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. BCM consultancy websites.
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. Yes, that is right.
These may be different than the workarounds used in a non-cyber application outage. It helps organizations identify gaps, train their teams, and respond effectively during outages. Recovering from a cyber incident such as a ransomware attack will require recovery of data and/or data processing equipment and devices.
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).
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.
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. Discover Everbridge’s leadership in resilience and why it matters today. Learn More.
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.
FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. All of these standards are valuable, well-regarded tools that are capable of helping organizations become more resilient. The Gold Standard FFIEC is the most aggressive standard in the U.S.
Read on to learn about the BCM year in review. It’s the best way to get a handle on the organization, its culture, what their most important business processes are, the threats they face, and the current state of their BCM program. There’s a lot to be said for ruthless efficiency when it comes to BCM. A new focus on efficiency.
Business continuity professionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. It’s a practical, down-to-earth approach that focuses on small things, but it has the power to bring big gains to an organization’s resilience,” he wrote. This can be crippling during an outage.
WHITE PAPER: ENTERPRISE RESILIENCE DURING SEVERE WEATHER. With so much reliance on electricity and computers, one outage can wreak havoc on your processes. How you will rapidly identify and remediate IT outages and disruptions. How Everbridge’s BCM Tools Can Support Manufacturing Organizations. Everbridge can help.
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.
Identifying and reducing residual risk is the most cost-effective way of making an organization more resilient. An organization that can undergo an outage of five days at no great cost is justified in having a high risk tolerance. Residual risk is one of the foundational concepts of business continuity management.
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.
BCM (business continuity management) is a form of risk management that deals with the threat of business activities or processes being interrupted. In addition to enabling an organisation to operate despite a disaster, effective BCM can help protect corporate reputation and revenue during troubled times. Business continuity management.
They help organizations anticipate, avoid, and prepare for impacts, saving money and improving resiliency. Simply put, it refers to the process of gathering and analyzing information about potential risks and threats that could impact the organization’s operations, assets, and overall resilience.
In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. Related on MHA Consulting: Who’s the Boss?
In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. Related on MHA Consulting: Who’s the Boss?
Related on BCMMETRICS: When the Going Gets Tough, the Tough Get Resilient An Eye-Opening Exercise Earlier this week I did a two-hour mock disaster exercise with a healthcare client. The scenario was, “A regional internet outage has occurred; you have no internet access to the outside world. I wish them the best.
Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. The outage was caused by a bad security update rolled out by CrowdStrike. Without question, this is one of the most expensive IT outages to date, with significant global impact. million Windows devices.
In today’s post, we’ll look at the measures hospitals and other facilities that care for patients can and should take to improve their resilience in the face of the rising threat. Related on MHA Consulting: Be Ransomware Resilient: Know How to Operate Manually A Healthcare System Under Attack Last month, the U.S.
We want to help the organization get more competent at business continuity and become more resilient. Point out that when unprepared organizations are struck by an event or outage, the impact on their revenue and reputations can be severe. It explains why I’m so invested in having our engagements with our clients succeed.
In times of crisis, a comprehensive business continuity plan ensures that every facet of the organization is resilient. A well-rounded plan addresses a spectrum of potential disruptions, ensuring resilience in a wide variety of situations that can cause disruptions. Myth 2: Business Continuity Plans Are Only for Large Enterprises.
Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient. Why did we write this guide?
Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient. Section 2 - Business Continuity Management (BCM) Program Implementation. ARTICLE SECTIONS.
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