What is Business Continuity Management (BCM)
The MS1970:2007 defines BCM as follows:-
"Management process that safeguards the interest of its key stakeholders, reputation, brand and value-creating activities by identifying potential impacts that threathen the organization and provides a framework for building resilience and the capability for an effective response"
In the above definition it is clear that:-
- BCM requires the active involvement of all levels of management, from the board of directors right down to the line managers and supervisors.
- BCM's goal is to implement a level of resilience within the organization to ensure its sustainability
- BCM looks are any type of incident which may affect its immediate or long term well being. Thus BCM looks are all type of incidents and not just physcial disasters.
- BCM is a framework made up of processes, people, policies, procedures and infrastructure.
- BCM is a process and not a project. Hence it is live and dynamic. It evolves with the organization.
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