Is it costly to implement BCM in an organization?
BCM does cost money to implement. However, the cost should not out weigh the benefit. If your solution cost more then the potential savings, then your strategy is wrong.
A key process in implementing a BCM framework is the Business Impact Analysis (BIA). This process provides relevant information regarding impact to the business based on the window of disruption. BCM strategies should be build based on the BIA findings.
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