What is Business Continuity Management?

Business Continuity Management (BCM) is a holistic management process that identifies potential threats to an organization and the impacts to business operations those threats, if realized, might cause, and which provides a framework for building organizational resilience with the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value-creating activities.
The main purpose is to prevent any significant impact on the brand, image and reputation of the enterprise, whilst ensuring business continuance. This requires the implementation of a Business Continuity Programme that is an enabling mechanism for information sharing, delivering improvements to the protection of assets and people, and the implementation of plans for major incidents.

This plan should therefore be able to respond to:
"Any unwanted significant incident that threatens personnel, buildings and/or the operational effectiveness of an organisation, which requires special measures to be taken to restore the business back to normal".
(Source: Home Office - How Resilient is your Business to a Disaster)
For the programme to be effective, the ongoing management and governance process should be supported by senior management and resourced sufficiently to ensure that the necessary steps are taken to identify the impact of potential losses, maintain viable recovery strategies and plans, and ensure continuity of products/services through thorough training, testing and exercising.

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