Business Continuity Management (BCM):
Management’s capability to identify potential impacts that threaten an organization and to provide a framework for building resilience and an effective response that safeguards the interests of its key stakeholders, reputation, brand and value- creating activities.
Its all about Plan B
Typical Business Interruption scenarios:
Cyber Attack/IT Failure
Utilities Failure
Political unrest
Loss of Key People
Unavailability of Feedstock
Extreme weather
Benefits of Business Continuity Management:
Confidence of Clients
Minimize Impact of Interruptions
Confidence Within the Organization
Continuity of Operations
Competitive Advantage
Insurance Benefits
