BCM (otherwise known as Business Continuity Management) is a model for identifying an organisation's risk of exposure to internal and external threats.
The goal of BCM is to provide the organisation with the ability to respond to threats, such as natural disasters or breaches in data, and help ensure the business can maintain critical functions and continue their daily business operations to the best of their ability.
The Crisis Management Plan provides the critical communication mechanics necessary to ensure employee safety, provide initial information and direction and organise ongoing actions.
The Disaster Recovery Plan typically refers to the plans in place to restore essential information technology (IT) systems and applications that enable critical business processes.
The business resumption plans are specific to each critical business function and articulate the concrete steps necessary to enable respective process (e.g.. payroll).
It's vital to have a reliable BCM system in place to be compliant as a business to both internal and external stakeholders. It is also critical when your enterprise is storing vital information on their customers.
These Stories on Business Continuity Management
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