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Difference between revisions of "Business Continuity Management (BCM)"

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'''[[Business]] Continuity [[Management]]''' is defined as the advanced planning and preparation of an [[organization]] to maintaining business functions or quickly resuming after a disaster has occurred. It also involves defining potential risks including fire, flood or cyber attacks.<ref>Definition - What is [[Business Continuity]] Management (BCM)? [https://phoenixnap.com/blog/what-is-business-continuity-management PhoenixNap]</ref>
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Business Continuity Management (BCM) is a systematic approach to maintaining and recovering the critical functions of an organization in the event of a disruption. The goal of BCM is to ensure that an organization can continue to operate, or quickly recover and resume operations, in the face of events that could potentially disrupt its business. BCM involves identifying an organization's critical functions, assessing the risks to those functions, and developing plans and procedures to maintain or restore them in the event of a disruption.
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BCM involves a number of different activities, including risk assessment, business impact analysis, development of contingency plans, and testing and exercising those plans. It also involves establishing protocols for communication and coordination with employees, customers, and other stakeholders in the event of a disruption. BCM is an ongoing process that requires regular review and updates to ensure that it remains effective and aligned with the changing needs of the organization.
  
  
 
== See Also ==
 
== See Also ==
 
<div style="column-count:2;-moz-column-count:3;-webkit-column-count:3">
 
<div style="column-count:2;-moz-column-count:3;-webkit-column-count:3">
[[Business]]<br />
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[[Business Impact Analysis (BIA)]]
[[Business-to-Business (B2B)]]<br />
 
[[Business Application]]<br />
 
[[Business-Driven Development (BDD)]]<br />
 
[[Business-to-Business Gateway]]<br />
 
[[Business-to-Consumer (B2C)]]<br />
 
[[Business Accelerator]]<br />
 
[[Business Activity Monitoring (BAM)]]<br />
 
[[Business Analysis]]<br />
 
[[Business Analytics]]<br />
 
[[Business Application]]<br />
 
[[Business Application Programming Interface (BAPI)]]<br />
 
[[Business Architecture]]<br />
 
[[Business Asset]]<br />
 
[[Business Capability]]<br />
 
[[Business Capability Modeling]]<br />
 
[[Business Ethics]]<br />
 
[[Business Case]]<br />
 
[[Business Centric Methodology (BCM)]]<br />
 
[[Business Continuity Management (BCM)]]<br />
 
[[Business Continuity Plan (BCP)]]<br />
 
[[Business Continuity Planning (BCP)]]<br />
 
[[Business Cycle]]<br />
 
[[Business Diversification]]<br />
 
[[Business Driven Technology]]<br />
 
[[Business Drivers]]<br />
 
[[Business Ecosystem]]<br />
 
[[Business Environment and Internal Control Factors (BEICF)]]<br />
 
[[Business Excellence]]<br />
 
[[Business Expansion]]<br />
 
[[Business Function]]<br />
 
[[Business Function Model]]<br />
 
[[Business IT Alignment]]<br />
 
[[Business Impact Analysis (BIA)]]<br />
 
[[Business Incubator]]<br />
 
[[Business Insurance]]<br />
 
[[Business Integration]]<br />
 
[[Business Intelligence]]<br />
 
[[Business Interruption Insurance]]<br />
 
[[Business Life Cycle]]<br />
 
[[Business Logic]]<br />
 
[[Business Management System (BMS)]]<br />
 
[[Business Model Innovation (BMI)]]<br />
 
[[Business Model for Information Security (BMIS)]]<br />
 
[[Business Motivation Model (BMM)]]<br />
 
[[Business Objects]]<br />
 
[[Business Operations]]<br />
 
[[Business Oriented Architecture (BOA)]]<br />
 
[[Business Mission]]<br />
 
[[Business Vision]]<br />
 
[[Business Model]]<br />
 
[[Business Goals]]<br />
 
[[Business Objective]]<br />
 
[[Corporate Structure]]<br />
 
[[Corporate Social Responsibility (CSR)]]<br />
 
[[Chief Executive Officer (CEO)]]<br />
 
[[IT Strategy (Information Technology Strategy)]]<br />
 
[[IT Governance]]<br />
 
[[Enterprise Architecture]]<br />
 
[[IT Sourcing (Information Technology Sourcing)]]<br />
 
[[IT Operations (Information Technology Operations)]]<br />
 
 
</div>
 
</div>
  

Latest revision as of 03:55, 2 January 2023

Business Continuity Management (BCM) is a systematic approach to maintaining and recovering the critical functions of an organization in the event of a disruption. The goal of BCM is to ensure that an organization can continue to operate, or quickly recover and resume operations, in the face of events that could potentially disrupt its business. BCM involves identifying an organization's critical functions, assessing the risks to those functions, and developing plans and procedures to maintain or restore them in the event of a disruption.

BCM involves a number of different activities, including risk assessment, business impact analysis, development of contingency plans, and testing and exercising those plans. It also involves establishing protocols for communication and coordination with employees, customers, and other stakeholders in the event of a disruption. BCM is an ongoing process that requires regular review and updates to ensure that it remains effective and aligned with the changing needs of the organization.


See Also


References