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The maturity levels typically range from ad-hoc or reactive risk management practices, to proactive and integrated risk management practices that are aligned with the organization’s strategic objectives. BC departments that “speak risk” tend to get more of a hearing, more traction, and more resources.
The maturity levels typically range from ad-hoc or reactive risk management practices, to proactive and integrated risk management practices that are aligned with the organization’s strategic objectives. BC departments that “speak risk” tend to get more of a hearing, more traction, and more resources.
Far from being a mere cost center, business continuity is a strategic investment. Local disruptions, such as power outages or supply chain issues, can have a significant impact, emphasizing the need for preparedness at every level. Strategic technology investments enhance resilience without breaking the budget.
A business continuity management process is the key to identifying which activities will reduce risk and eliminating the activities that are less beneficial. Identify likely causes of failure and protections against failure Some causes of failure are pervasive across every critical activity, such as natural disasters or power outages.
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